Godrej Properties inks private equity agreement with SUN-Apollo

By Accommodation Times Bureau Godrej Properties enters into private equity agreement with SUN-Apollo India Real Estate Fund, LLC acting through its affiliates/companies (SUN-Apollo). The real estate developer sells 49% equity stake in a subsidiary developing its project at Sector 104 in Gurgaon. Godrej Properties (GPL) the real estate development arm of the Godrej.

ED attaches 21 immovable properties of Nirav Modi worth over Rs 520 Cr

By Accommodation Times Bureau MUMBAI On Saturday the Enforcement Directorate (ED) attached 21 properties, of Nirav Modi including a farmhouse, a penthouse and his group worth over Rs 523 crore. Under the Prevention of Money Laundering Act (PMLA), the central probe agency issued a provisional order for attachment of the assets and seized

Residential Real Estate’s Fading Blip on Private Equity Radars

Commercial, warehousing the flavours of 2018; affordable housing’s continuing allure By Accommodation Times Bureau Anuj Puri, Chairman – ANAROCK Property Consultants Sluggish demand along with bleak returns on investment has dented the previously glowing charisma of Indian residential real estate in the preceding 2-3 years. The cascading effect of demonetization, implementation of RERA

Henceforth private damages will be included under public property bill

By Accommodation Times News Service Political leaders calling street protests, bandhs or strikes will now have to be extremely careful as the Narendra Modi-led government plans to bring damage to 'private properties' during demonstrations under the ambit of Prevention of Damage to Public Property Bill, 2016. The decision to include private properties

Private real estate: Why invest in Asia-Pacific? : Partners Group Singapore

By Accommodation Times News Services EXECUTIVE SUMMARY A convergence of four key growth drivers — a flourishing middle-class, swelling consumer demand, rapid urbanization and strengthening domestic business growth — has transformed the private real estate landscape in the Asia-Pacific region. Its rapidly developing cities are still experiencing growing demand for high quality

DAMAC Properties Awards more than AED 1.2 Billion Construction Contracts in 2015

By Accommodation Times News Services Developer’s Firm Belief in Dubai Real Estate sees Substantial Contracts Awarded in the Last Month Dubai, United Arab Emirates: For Immediate Release: 17th February 2015. Leading luxury real estate developer DAMAC Properties has awarded five major construction contracts worth a total of AED 1.2 billion so far in 2015. Signifying

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.