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Avenue Venture Partners exits Assetz's project Marq with 33% IRR

Infrastructure

04 March, 2015

Avenue Venture Partners exits Assetz's project Marq with 33% IRR

Real estate-focused private equity firm Avenue Venture Partners has exited its two-year-old investment in a project of Singapore-headquartered realtor Assetz ......

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IL&FS PE exiting Kolkata IT SEZ with huge haircut

Infrastructure

04 March, 2015

IL&FS PE exiting Kolkata IT SEZ with huge haircut

IL&FS Investment Managers Ltd (IIML) or IL&FS PE, one of the country’s largest home-grown private equity firm by assets under ......

Opposition rejects amendments to land acquisition norms

Infrastructure

09 March, 2015

Opposition rejects amendments to land acquisition norms

Opposition in Lok Sabha today tore into the controversial Land Acquisition Bill, saying its "draconian" and "anti-poor" provisions would have ......

Hotel Leelaventure puts key hotel properties in Chennai and Goa on the block

Infrastructure

03 March, 2015

Hotel Leelaventure puts key hotel properties in Chennai and Goa on the block

Luxury hospitality player Hotel Leelaventure Ltd has invited Expression of Interest for sale of its hotel properties in Chennai and ......

Realty funds cheer clarity on tax pass-through status, REITs; developers disappointed

Infrastructure

28 February, 2015

Realty funds cheer clarity on tax pass-through status, REITs; developers disappointed

Finance Minister Arun Jaitley drew applause from real estate private equity community for clarifying two key taxation issues relating to ......

Loan recovery: SBI consortium takes over Kingfisher House

Infrastructure

25 February, 2015

Loan recovery: SBI consortium takes over Kingfisher House

Clamping down on Vijay Mallya-led UB Group to recover loans, a 17-bank consortium led by state-run SBI today took over ......

Lenders put Sahara's Grosvenor House property on the block; may fetch $830M

Infrastructure

03 March, 2015

Lenders put Sahara's Grosvenor House property on the block; may fetch $830M

In fresh troubles for crisis-hit Sahara Group, its iconic hotel property Grosvenor House, estimated to be worth over Rs 5,000 ......

SEBI slaps $14M penalty on DLF and related parties in IPO disclosure lapse case

Infrastructure

26 February, 2015

SEBI slaps $14M penalty on DLF and related parties in IPO disclosure lapse case

In its biggest-ever penalty, Sebi today imposed fines of Rs 52 crore on realty giant DLF and seven others, including ......

ITC buying Park Hyatt Hotel in Goa for $83M

Infrastructure

23 February, 2015

ITC buying Park Hyatt Hotel in Goa for $83M

Diversified business house ITC Ltd has emerged as a successful bidder to acquire hotel and resorts operator Blue Coast Hotels ......

Clarity on REITs, incentives for low-cost housing top realty industry Budget wishlist

Infrastructure

23 February, 2015

Clarity on REITs, incentives for low-cost housing top realty industry Budget wishlist

The real estate industry is looking forward to the Finance Minister to finish a job half done in the first ......