Bidya Sapam
Stories by Bidya Sapam
Dubai’s Emaar to sell hotel, other non-core assets in India
The developer now plans to focus on its premium projects and expand on its own in India following its separation from local partner MGF Developments L
Edelweiss real estate arm to sell office space in Parinee’s south Mumbai project
The 8 lakh sq. ft. luxury housing project is being converted into a 50-storey office building and renamed as ‘Parinee Eminence’.
Essar Group sells Mumbai office property to Canada’s Brookfield for $360m
Some of the tenants of Equinox Business Park include Tata Communications, Experian, Crompton Greaves and Lafarge.
India: Hiranandani to invest $538.3m in oil and gas business in diversification bid
Led by Darshan Hiranandani, H-Energy expects to start commercial operation of its first LNG terminal at Jaigarh in Maharashtra by October.
India: Oberoi Realty plans REIT listing of select commercial portfolio
Oberoi Realty Ltd expects to generate rental revenue of around Rs1,000 crore in the next three years.
Airports Authority of India to sell 5% of land assets beginning April
AAI could fetch about Rs17,000 crore through its land monetization exercise.
Tata Sons to acquire promoters’ 6.64% stake in Indian Hotels Company
Tata Sons Ltd will acquire shares of Sir Dorabji Tata Trust, Lady Tata Memoral Trust and Sir Ratan Tata Trust.
Tata to reshuffle realty, infra businesses in bid to simplify structure
Sanjay Dutt, chief of India arm of Singapore-based real estate developer Ascendas-Singbridge has been named MD of Tata Realty and Infrastructure.
India: Real estate firm Puravankara in talks to set up two investment platforms
The BSE-listed firm would be using the two funds to finance its new pipeline of affordable housing projects and also to build a sizeable commercial re
India Budget 2018: Affordable housing fund under NHB on cards
The 2017 budget had proposed to assign infrastructure status to affordable housing projects and facilitate higher investments.
