NEW DELHI: State-owned NBCC Thursday said it will submit a detailed project report (DPR) of Amrapali Group’s 16 stalled projects to the Supreme Court next week and is mulling developing similar projects of other real estate firms. In September, the Supreme Court had appointed NBCC to develop stalled projects of the Amrapali Group following the…
File photo The Noida Authority on Thursday gave its in-principal approval to conversion of land holding rights from “lease hold” to “freehold” subject to nod from the Uttar Pradesh government, according to officials. The decision which could have a significant impact on real estate and property in the city adjoining the national capital was taken…
MUMBAI: Realty major DLF has entered a pact with global real estate investment, development and management firm Hines to jointly develop a high-end commercial project on a nearly 12-acre land parcel in Gurgaon’s Udyog Vihar.The company has entered into a non-binding term sheet with a fund managed by Hines through its wholly-owned subsidiary DLF Home…
File photoBENGALURU: The India arm of New York-based collaborative workspace major We-Work has taken on lease about 2.5 lakh sq ft of office space across Bengaluru, Mumbai and Gurugram as it seeks to expand operations, said people aware of the transaction. Of this, the largest lease is for 96,500 sq ft in Blue One Square…
MUMBAI: Fund inflows from institutional investors reached its peak of Rs 11,212 crore — highest third quarter performance in the past 11 years — indicating the continued momentum in private equity investments in the Indian real estate sector.The investment volume increased 9 per cent from a year ago in the first three quarters of 2018…
NEW DELHI: PNB Housing Finance said Wednesday it has raised Rs 2,450 crore through commercial papers (CP) amidst reports of tight liquidity situation in the market. This is in addition to Rs 1,775 crore raised earlier in October totalling to Rs 4,225 crore of CPs raised in October 2018, the mortgage firm said in a…