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.

Brigade – Cornerstone Properties JV for mixed-use township

By Accommodation Times Bureau Brigade, a leading developer headquartered in Bangalore, today launched the joint development project the launch Brigade Cornerstone Utopia, an extraordinary, future-ready, mixed-use township that is designed to redefine Whitefield. The project is a joint development between Brigade and Cornerstone Bay Properties Private Limited. The project is a 47-acre

Punjab Waqf Board has highest 5,610 encroached properties

By Accommodation Times Bureau PUNJAB: The Union Minister for Minority Affairs Mukhtar Abbas Naqvi in a written reply to a question in Lok Sabha yesterday said that Waqf Properties (Eviction of Unauthorized Occupants) Bill, 2014 was referred to the Standing Committee on Social Justice & Empowerment for examination. The Report of the Committee was laid in

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