Bidya Sapam
Stories by Bidya Sapam
India: Raheja Universal to sell land parcels outside MMR to fund future projects
Raheja Universal gradually plans to exit from all the joint ventures and land parcels that it currently owns or co-owns in seven cities in the next fe
Indian Hotels sells Taj Boston to US consortium for $125m
Taj Boston sold to a consortium of US-based New England Development, Eastern Real Estate, Rockpoint Group, Lubert-Adler, and Highgate for $125 million
Realty firms, PE majors betting big on Indian retail projects
K. Raheja Corp, Phoenix Mills Ltd, DLF Ltd and Prestige Estates are on an expansion spree building new malls or buying out under-construction or ope
Taj run Indian Hotels to chase asset-light model, lists SE Asia as growth market
The company, which has announced its plan to sell the Taj Boston, said its current focus markets are India, Gulf countries and South East Asia where
India: Reliance Jio readies for commercial operations
Much of the work required ahead of the launch is complete and, over the past week, Reliance Jio has been terminating contracts with people hired to wo
K Raheja Corp to invest $301m in buying land bank, developing office space in Navi Mumbai
K Raheja Corp will invest Rs2,000 in acquiring land and building 6 million square feet of commercial space in the next two-and-a-half years in Navi Mu
Large Indian realty firms scouting to acquire stuck projects to fuel expansion
Large real estate developers, such as House of Hiranandani, Tata Housing Development Co. and Godrej Properties Ltd are expanding their portfolios and
India’s new payments banks scouring for global talent to steer ops
Faced with shortage of relevant talent in India, entities planning to start payment banks in the next one year are turning to expats who have the expe
India: Piramal to partner pension fund to launch $250m realty platform
Piramal likely to tie-up with a global pension fund for the platform, also eyes exits from previous funds
