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JM Financial ARC to beef up war chest for buying stressed assets

Infrastructure

02 August, 2019

JM Financial ARC to beef up war chest for buying stressed assets

JM Financial Asset Reconstruction Company Ltd, India's second-biggest buyer of bad loans, plans to mobilise fresh capital to ramp up ......

Xander buys office park in Pune for $130 mn

Infrastructure

01 August, 2019

Xander buys office park in Pune for $130 mn

Xander Investment Management, the private equity real estate arm of global investor The Xander Group Inc., said it has bought ......

Appeals tribunal extends Jaypee Infra's resolution period; orders fresh bidding

Infrastructure

31 July, 2019

Appeals tribunal extends Jaypee Infra's resolution period; orders fresh bidding

The bankruptcy appeals tribunal has extended the debt resolution period of real estate developer Jaypee Infratech Ltd by another 90 ......

ASK Property invests in Noida developer Gulshan Homz's housing project

Infrastructure

29 July, 2019

ASK Property invests in Noida developer Gulshan Homz's housing project

ASK Property Investment Advisors (ASK PIA), the real estate private equity arm of financial services company ASK Group, has invested ......

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IL&FS PE's Euronext-listed real estate fund makes last exit with big loss

Infrastructure

26 July, 2019

IL&FS PE's Euronext-listed real estate fund makes last exit with big loss

The private equity arm of Infrastructure Leasing & Financial Services Ltd (IL&FS) has exited its last investment from a Euronext-listed ......

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How NHB's move to stop subvention schemes may affect developers, lenders and buyers

Infrastructure

23 July, 2019

How NHB's move to stop subvention schemes may affect developers, lenders and buyers

The already troubled real estate sector could be in for more pain after the National Housing Bank (NHB) tightened the ......

Supreme Court asks NBCC to complete Amrapali's real estate projects

Infrastructure

23 July, 2019

Supreme Court asks NBCC to complete Amrapali's real estate projects

The Supreme Court has ordered state-run NBCC (India) Ltd to take over the unfinished real estate projects of Amrapali Group, ......

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Realty Scan: How Blackstone became the big boss of India's property market

Infrastructure

22 July, 2019

Realty Scan: How Blackstone became the big boss of India's property market

Eight years ago, Jitendra Virwani dropped a plan to take his real estate company public as the stock markets wobbled. ......

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Thai developer MQDC's India head on local realty market, co-working project and more

Infrastructure

19 July, 2019

Thai developer MQDC's India head on local realty market, co-working project and more

Bangkok-based real estate company Magnolia Quality Development Corporation (MQDC) is foraying into India with a co-working project in South Delhi. ......

Ascendas India Trust to acquire seventh warehouse in Mumbai

Infrastructure

11 July, 2019

Ascendas India Trust to acquire seventh warehouse in Mumbai

Singapore-listed Ascendas India Trust (a-iTrust) has entered into an agreement with a unit of Arshiya Ltd to develop and acquire ......