Indian developers are looking forward to more feasible studies of any project before actually launching them so that they can avoid the excesses that resulted in the real estate downturn in 2009. They are sending out a message that antagonism in the market will not be accepted any more and gigantic projects will be replaced […]
Tag: Special Purpose
Unitech looks for $560 million from PE funds
January 14, 2009 – 3:47 pm
India’s second-biggest real estate developer Unitech is in talks with private equity (PE) funds for investments up to $560 million (Rs 2,750 crore). The realtor is also in negotiations with banks to restructure an additional Rs 500 crore of loans as part of its plan to cut debt and secure funding to complete existing projects. […]
Dev Property Puts Forward The Disposal Of Interests In Two Development Projects
January 28, 2008 – 6:04 am
January 09,2008. Dev Property Development Plc (DPD.L) today declared that it intends to organize its entire interest in two development projects- The Jupiter Mills Project Elphinstone Mills Project Total Investment on these two projects is £114 million. The company has declared its strategy that it will seek shareholder approval for the disposal of its interests […]
