By Accommodation Times Bureau NEW DELHI: Baring Private Equity Asia (BPEA) a capital market company has signed an agreement with NIIT Technologies Limited to acquire 30% stake in NIIT Technologies for Rs 2,627 crores, the joint statement said. BPEA will make an open offer to the public shareholders of NIIT Technologies to purchase
By Accommodation Times Bureau While sustainability has been taught as the core of urban planning and architecture for years, its widespread adoption is yet to pick up in India. Urban planning in India needs to be a creative and scientific process to meet the enormous goals of upgrading the cities to
By Accommodation Times MUMBAI Shobhit Agarwal, ex-Managing Director - Capital Markets & International Director of JLL Property Consultants (India) Pvt. Ltd. has launched a real estate investment banking advisors firm, ANB Capital Advisors Pvt. Ltd., today. The firm, headquartered in Mumbai, will focus exclusively on various asset classes of real estate. Mr Agarwal heads a
By Accommodation Times Bureau Central Government today announced a new PPP Policy for Affordable Housing that allows extending central assistance of up to Rs.2.50 lakh per each house to be built by private builders even on private lands besides opening up immense potential for private investments in affordable housing projects on
By Accommodation Times Bureau INDIA, March 20, 2017 – The amount of new capital available for global real estate investment in 2017 is estimated at USD435bn, according to Cushman & Wakefield’s The Great Wall of Money report, which tracks the amount of newly-raised capital, including debt and equity, targeting real estate at a global level.
By M Murali, Managing Director, Shriram Properties Accommodation Times Bureau With the increasing demand and tremendous scope for affordable housing segment of the real estate, this segment will be the top runner in the next five years. This goes along with our Honourable Prime Minister Narendra Modi ji’s vision of ‘Housing for All by
By Accommodation Times News Service Global private equity funds Blackstone, Carlyle, Barings Asia are competing with cement players JK Lakshmi Cement, JSW Cement, China Resources Cement which have put in initial bids to acquire the cement business of Reliance Infrastructure, part of Anil Ambani-led Reliance Group. The bid values the company