Search Results for:Madhurima Nandy

With more than $1b at stake, Unitech plans to sell 6 land parcels to tide over crisis

At stake is Rs7,800 crore that Unitech owes to 16,300 home buyers across 61 projects.


India: Everstone-backed IndoSpace names Aditya Sikri as new president

Sikri joins Indospace soon after Canada Pension Plan Investment Board (CPPIB) made a significant commitment of over $1 billion towards IndoSpace’s assets earlier this year.


Shapoorji Pallonji buys 20-acre land parcel from BPTP in Delhi

This is the second land parcel that BPTP has sold as part of its larger land monetisation strategy.


Amplus Capital targets to raise up to $40m third India realty fund

The new fund will see Amplus stepping away from its two earlier, equity-focused funds.


India: Godrej Properties, Nirmal Ventures ink JV to develop suburban Mumbai project

In August Nirmal raised Rs570 crore of debt financing from L&T Finance Holdings Ltd and signed a joint development agreement with L&T Realty Ltd for a residential project.


India: Investments in office space sector poised to climb fresh peak

Thus far in 2017, more than $2 billion worth foreign investment deals in commercial real estate have been closed.


India: Phoenix Mills buys back stakes in four malls for $210m

In April, Phoenix Mills and CPPIB announced the Canadian investor will invest $250 million in multiple tranches, to eventually own up to 49% in Island Star Mall Developers.


ASK Property partners TVS Group to create $63m realty investment platform

The property markets in focus will be Chennai and Bengaluru.


DLF stake sale to Singapore GIC will lead to $2b capital infusion by Nov

The capital infusion is critical for DLF, which has around Rs26,000 crore of debt.


Singapore’s GIC to buy DLF rental arm stake for $1.8b

The deal will help the Indian developer significantly reduce its debt.