Property News from IndianRealtyNews

Property News from IndianRealtyNews

Link to India Properties - Real Estate India - Indian Property News Site

Unitech Plans Restructuring- Hires Advisors

Posted: 06 Apr 2010 11:21 PM PDT

Unitech Ltd, the second-largest real estate developer in the country, on Tuesday said its board has constituted a restructuring committee to explore, consider and evaluate opportunities and suggestions for potential merger of subsidiaries, demerger and other forms of restructuring, or acquisition, or spin-offs. It has appointed Ernst & Young, S R Batliboi & Co and Amarchand [...]

Red Fort to Invest $ 1 Billion in Indian Real Estate

Posted: 06 Apr 2010 10:19 PM PDT

Red Fort Capital Advisors Pvt., a real estate private equity fund, plans to invest as much as $1 billion in India's property market over the next few years to tap demand in the world's second-fastest growing major economy. The firm has invested $400 million since 2007, mainly in residential projects, and may consider investing in [...]

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