Motilal Oswal Real Estate or MORE, the real estate private equity arm of Motilal Oswal Group, has exited a project of listed firm Kolte Patil Developers at Rs 105 crore, the company said in a statement. MORE had invested Rs 58 crore equity money in the…
Mumbai: The credit squeeze may be a blessing in disguise for banks. While the real estate sector in general has slumped, commercial realty has been on an upswing, with some projects yielding as high as 9 per cent. Bank lending to commercial real estate projects rose 15 per cent in July compared…
Blackstone Group Inc. has raised $20.5 billion for the largest global real estate fund, as the world’s biggest manager of alternative assets refills its coffers to make property investments. The New York-listed firm said in a statement that the new fund, named Blackstone Real Estate Partners…
What is the government doing about battling the slowdown? Are we expecting more sops for auto, some measures for real estate and infra? Some announcement have been made during the budget speech. Post that also, we have met all the stakeholders, various industry leaders, homebuyers, real estate sector…
Kofi Nartey, National Director of the Sports and Entertainment Division at Compass and Forbes Real Estate Council Member. ALL PHOTOS COURTESY OF THE MEMBERS. According to the Global Wellness Institute, the international wellness market is worth $4.2 trillion (more than half of the world’s total health spending),…
. HYDERABAD: Sujatha Burla, a real estate entrepreneur and survivor of an accident which left her paraplegic and bound to the wheelchair for the last 18 years, shared her success story, “People treated me like a bitter vegetable but that only made me stronger. I had invested…
President Donald Trump says the idea of buying Greenland from Denmark came up in conversations within his administration and that it’s essentially “a large real estate deal.” The semi-autonomous territory of Denmark has said it’s not for sale. In remarks to reporters on Sunday, Trump cast…
On July 23, the Supreme Court of India directed government-owned National Building Construction Company to take over 42,000 unfinished projects of realtors Amrapali Group in the National Capital Region. A week after the SC ruling, the relevant questions popped up. Does NBCC have the money required to…
NoBroker.com, a customer-to-customer real estate portal, is offering brokerage-free real estate services in Hyderabad. The platform lists residential as well as commercial properties for rent/buy/sell. “A large percentage of the new-age consumers do not appreciate the age-old ways of finding a home through property brokers and…
Real estate body CREDAI on Tuesday highlighted the need for the sector to focus on consolidation to emerge stronger. Releasing a report titled ‘India 2030 – Exploring the Future’, the Confederation of Real Estate Developers Association of India said the future is bright and some of…