Category: Investments

Prestige Group Deal

Prestige Estates wants to buy 80% in Sterling Urban Infraprojects worth Rs. 336crore

March 12, 2018

By Realty Quarter Bureau Sterling Infra projects owns around 59acre of land at outer ring road Sarjapur Bangalore. Prestige in planning to own around 6milion sq ft of commercial complex. Developer Prestige Estates Project has entered into an agreement or probably will to acquire 80% of the stake in Sterling Urban Infraprojects which holds land […]

Prestige Estates wants to buy 80% in Sterling Urban Infraprojects worth Rs. 336croremore

Hospitality major India Hotels Company enter Bhopal for its new ventures

February 22, 2018

By Realty Quarter Bureau Hospitality major Indian Hotels Company has announced its entry into Bhopal with the signing of a new 150-key hotel, Vivanta Bhopal, through a management contract with Genex Hotels. The company said the contract is in line with its strategic expansion plans for aggressive growth. This will be its first hotel in the MP capital. “Consolidating […]

Hospitality major India Hotels Company enter Bhopal for its new venturesmore

Piramal Finance wants to invest $2billion in affordable & mid income projects

By Realty Quarter Bureau Affordable housing is the need of the hour and looking at the present scenario Piramal Finance has targeted $2billion worth of deals that would finance the developers for constructing affordable projects. Piramal Finance, a subsidiary of Piramal Enterprises, has set up a separate vertical to invest in affordable and mid-income residential projects in major metros […]

Piramal Finance wants to invest $2billion in affordable & mid income projectsmore

Blackstone buys 49% of Indiabulls office rental business for $60 million

February 21, 2018

By Realty Quarter Bureau Blackstone Group world’s largest private equity firm is all set to buy 49% of stake in the office rental business of Indiabulls Real Estate in a $600-650 million deal taking the entire portfolio around $1.2 billion. This transaction will include landmarks in Mumbai Lower Parel such as One Indiabulls Centre and […]

Blackstone buys 49% of Indiabulls office rental business for $60 millionmore

Century Real Estate Group investing 1,100crore in affordable segment

December 12, 2017

By Realty Quarter Bureau The company also plans to launch about 1,350 plots next year in two projects and expects a sales realization of about Rs 600crore, its managing director Ravindra Pai said. Century Real Estate, which has a huge land bank in Bengaluru, will enter affordable housing segment and invest Rs 1,100 crore to develop 7,000 homes […]

Century Real Estate Group investing 1,100crore in affordable segmentmore

Edelweiss raises Rs 500 crore through its real estate fund

December 8, 2017

By Realty Quarter Bureau Edelweiss Alternative Asset Advisors, part of diversified financial services firm Edelweiss Group, deals in alternative private Debt, across special opportunities, real estate and distressed assets credit space Edelweiss Alternative Asset Advisors said it has raised Rs 500 crore through its onshore alternative investment fund — Edelweiss Real Estate Opportunities Fund. The fund […]

Edelweiss raises Rs 500 crore through its real estate fundmore

Many global MNC getting in to build country largest convention centre

December 2, 2017

By Realty Quarter Bureau 26,000crore IICC project has received nod for the Union Cabinet this month and govt. has invited proposal by latest December 8 Samsung Construction and China Construction are few names to bid the competing with in house multinational company L&T and Reliance Infrastructure for bagging the biggest contract of constructing India’s largest […]

Many global MNC getting in to build country largest convention centremore