Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Tata Housing to Launch Luxury Residential Project in Gurgaon at an Investment of Rs 2000 crore

Posted: 17 May 2011 08:47 PM PDT

Tata Housing Development Company Ltd today said it will invest Rs 2,000 crore in the next three years to build a luxury housing project in Gurgaon and also announced its plans to foray into the overseas market this fiscal. The Mumbai-based realty firm, a subsidiary of Tata Sons, said it is exploring the option of [...]

Fire Capital Plans to Raise $ 100mn to Invest in Housing Projects

Posted: 17 May 2011 07:45 PM PDT

Fire Capital, the first private equity fund focused on the Indian real estate sector , plans to raise $100 million to invest in housing projects, as banks turn away from the debt-ridden sector leaving builders to fall back on PEs. The firm will raise the capital primarily from its existing investors in the US to [...]

CBI Grills NRI, CA for Suspicious Land Deal in Chennai

Posted: 17 May 2011 07:06 PM PDT

The Central Bureau of Investigation (CBI) on Monday quizzed Malaysia-based NRI Sarvanan and chartered accountant Ratnam, who are considered close to former Tamil Nadu chief minister M Karunanidhi’s kin, in the 2G case. The questioning took place days before DMK leader Kanimozhi’s bail plea comes up for hearing on May 20. The duo was questioned [...]

CBI Grills NRI, CA for Suspicious Land Deal in Chennai

Posted: 17 May 2011 07:05 PM PDT

The Central Bureau of Investigation (CBI) on Monday quizzed Malaysia-based NRI Sarvanan and chartered accountant Ratnam, who are considered close to former Tamil Nadu chief minister M Karunanidhi’s kin, in the 2G case. The questioning took place days before DMK leader Kanimozhi’s bail plea comes up for hearing on May 20. The duo was questioned [...]

Kotak to Raise 600 crore through 4th Realty Fund

Posted: 17 May 2011 06:45 PM PDT

Kotak Realty Funds Group, the PE arm of Kotak Bank, is aiming to raise 600 crore through its fourth realty fund to be launched in the next few days. The fund will be mopped up from domestic market and invest predominantly in residential properties across India. It will have a green-shoe option of 100 crore. [...]

CBI Grills NRI, CA for Suspicious Land Deal in Chennai

Posted: 17 May 2011 06:26 PM PDT

The Central Bureau of Investigation (CBI) on Monday quizzed Malaysia-based NRI Sarvanan and chartered accountant Ratnam, who are considered close to former Tamil Nadu chief minister M Karunanidhi’s kin, in the 2G case. The questioning took place days before DMK leader Kanimozhi’s bail plea comes up for hearing on May 20. The duo was questioned [...]

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