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Latest bet gives GIC exposure to four out of India's five most-valued developers

Infrastructure

11 July, 2018

Latest bet gives GIC exposure to four out of India's five most-valued developers

Singapore’s sovereign wealth fund GIC is continuing its aggressive run in India’s real estate market by adding another listed developer ......

Brookfield looks to buy stake in Clearwater Capital-backed Altico

Infrastructure

11 July, 2018

Brookfield looks to buy stake in Clearwater Capital-backed Altico

Canada's Brookfield Asset Management Inc. is looking to acquire a stake in Altico Capital India Ltd, a non-banking financial company ......

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Kolkata developer Siddha Group in talks with PE firms to fund Mumbai project

Infrastructure

10 July, 2018

Kolkata developer Siddha Group in talks with PE firms to fund Mumbai project

Kolkata-headquartered developer Siddha Group has initiated talks to raise funds for an upcoming residential project in Mumbai, a top company ......

Blackstone to acquire Indiabulls' Chennai commercial property for $123 mn

Infrastructure

06 July, 2018

Blackstone to acquire Indiabulls' Chennai commercial property for $123 mn

Private equity giant Blackstone Group LP has agreed to buy a commercial property in Chennai from Indiabulls Real Estate Ltd ......

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Mumbai developer in talks to buy city's last remaining palace Kilachand House

Infrastructure

04 July, 2018

Mumbai developer in talks to buy city's last remaining palace Kilachand House

A Mumbai-based developer is planning to acquire Kilachand House, the only remaining palace in the city, two people familiar with ......

Nisus Finance's NBFC arm strikes debut venture debt investment

Infrastructure

04 July, 2018

Nisus Finance's NBFC arm strikes debut venture debt investment

Nisus Finance, which recently set up its non-banking financial company (NBFC) named Nisus Fincorp, has sealed its debut deal through ......

Real estate developer Puranik Builders files for $145 mn IPO

Real Estate

27 June, 2018

Real estate developer Puranik Builders files for $145 mn IPO

Thane-based real estate developer Puranik Builders Ltd has filed its draft prospectus with Securities and Exchange Board of India (SEBI) ......

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Two marquee suitors make the cut for GIC-Tishman's WaveRock

Infrastructure

27 June, 2018

Two marquee suitors make the cut for GIC-Tishman's WaveRock

Two marquee investors have emerged as the final bidders for commercial real estate project WaveRock, a joint venture between Singaporean ......

Foreign funds accuse investor-cum-developer IREO of $1.5 bn fraud

Infrastructure

26 June, 2018

Foreign funds accuse investor-cum-developer IREO of $1.5 bn fraud

Two hedge funds have accused Gurugram-headquartered investor-cum-developer IREO of swindling foreign investors of $1.5 billion, according to a Bloomberg report.Axon ......

Lodha Developers' IPO hits a roadblock over past violations

Real Estate

25 June, 2018

Lodha Developers' IPO hits a roadblock over past violations

Mumbai-based Lodha Developers Ltd, India’s largest real estate company by residential sales, is facing regulatory hurdles for its proposed initial ......