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.
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
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
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
Ashvita Singh Accommodation Times News Service The Allahabad High Court on 14th December, 2016 quelled the land acquisition process drawn in favor of Ansal properties some 8 years ago in Ghaziabad. The land, which is in Pargana Lori village of Ghaziabad, was acquired by Ghaziabad Development Authority (GDA), and later was provided to
By Accommodation Times News Services Godrej Properties Ltd (GPL), the real estate arm of Godrej Group, has raised Rs 1,900 crore with Dutch pension fund asset manager APG Asset Management NV (APG) as the lead investor, to aquire new housing project and expansion of the business. According to a statement from Godrej
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
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
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
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.