Tag: Real Estate Developers

DE Shaw to invest $250 million in HDIL Group Company

Real estate firm Housing Development & Infrastructure (HDIL) on Wednesday said the private equity firm DE Shaw is investing $250 million in Mack Star Marketing, an HDIL group company. Mack Star Marketing holds development rights for a 54,000-metre commercial complex being constructed in Andheri. Last week, HDIL had transferred its development rights to this complex […]

Demand of Builders

Builders have demanded to remove the uneven tax structure for Information Technology SEZs and non-Information Technology SEZs similar to Information Technology Parks, Software Technology Parks and commercial complexes in this financial year’s budget. Builders took up this matter in a meeting with housing and urban poverty alleviation minister. Previously, the government had considered the option of […]

India Bulls Real Estate Purchasing DLF Stake

India’s leading real estate developers, DLF Ltd. has sold its stake in Kenneth Builders and Developers Ltd. to its identical associate in the venture, India bulls Real Estate Ltd. The two companies came together in 2006 to develop high-end housing apartments at Okhla in New Delhi. The division bought its only holding, 35.8 acres (14.5 […]

Real Estate Development Prospect in India

January 08, 2008. Real Estate Companies and Investors are taking India as a great Investment destination. Real estate investment in major cities is taken as a beneficial deal. Real Estate Developers from the outside countries are showing their interest in building luxury villas in top Indian cities. They are looking for the joint venture partners […]