Shriram EPC bags order worth Rs. 61 crore

Shriram EPC Limited (SEPC) announced that it has been awarded contract of over Rs. 61 crore from K.U.W.S. & D. Board (KUWSD), Bengaluru for Providing Water Supply scheme to Robertsonpet (KGF) City under AMRUT. Scope of work includes providing water supply scheme to Robertsonpet (KGF) City under AMRUT. The project is to be

Motilal Oswal Real Estate Fund invests with Shriram Properties in Bangalore

By Accommodation Times News Services January 2015: India Realty Excellence Fund II (IREF II) managed by Motilal Oswal Real 21st Estate Investment Advisors Private Ltd has invested INR 67 Crs with Shriram Properties. The investment is at SPV level for the development of a mid income residential project located off Old Madras Road in Bangalore.

Mitsubishi forays into Indian real estate, buys 70% stake in ongoing residential project

By Rohit Sharma CHENNAI Shriram Properties Limited and an investment arm of Mitsubishi Corporation, Japan recently have inked agreement for partnership in an ongoing large residential development project in Chennai. Under the agreement, Mitsubishi arm is investing approx Rs180 crores towards 70% stake in an ongoing residential project Shriram Park 63. The project

Motilal Oswal Real Estate announces final close in IREF III fund at Rs. 1000 crore

By Accommodation Times Bureau Motilal Oswal Real Estate (MORE), the real estate arm of Motilal Oswal Private Equity has announced its fourth and final close of India Realty Excellence Fund III (IREF III), the third real estate fund with Motilal Oswal Real Estate. The Fund has raised commitments aggregating to Rs. 1030 Crore.   MORE till date

Karnataka RERA covers many ongoing plans, home buyers happy !

By Accommodation Times Bureau Homebuyers may stand to benefit from the provisions of the Real Estate (Regulation & Development) Act notified by the Karnataka government on Monday . It, among other things, brings a huge number of ongoing projects under the purview of the law. The government had come under criticism for the

ASK Group exits projects in Noida, Bengaluru and Thane for Rs.440 Cr with handsome returns

By Accommodation Times Bureau New Delhi,7th Feb, 2017: ASK Property Investment Advisors (ASKPIA), the real-estate private equity arm of a renowned diversified financial services firm ASK Group announced exits from its project investments in Noida, Bengaluru and Thane.  The exits have materialised after demonetisation.   ASK has exited from ATS Infrastructures’ Noida project ‘ATS

Industry speak: How the year 2017 would be for Indian Real Estate Sector

M Murali, Managing Director, Shriram Properties     Accommodation Times News Service With the new Government at the centre, we have been witnessing series of radical and transformational reforms - Demonetisation, Real Estate Regulator Bill (RERA), FDI relaxations, GST, Benami Transactions (Prohibition) Amendment Act, Change in Accounting standards IFRS - all coming in a row and in