Property News from IndianRealtyNews

Property News from IndianRealtyNews

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DLF to Raise Rs 2,500 cr by Selling Stake in Luxury Hospitality Chain Amanresorts

Posted: 12 Oct 2011 08:05 PM PDT

India’s largest realty firm DLF is looking to raise up to Rs 2,500 crore by selling its stake in luxury hospitality chain Amanresorts and the deal is likely to be closed by December-end. According to sources, the company has received offers from few potential buyers and the same is being evaluated. DLF had [...]

PE Firm Fire Capital Forays into Real Estate, Plans to Invest 6000cr in 4 Years

Posted: 12 Oct 2011 08:02 PM PDT

Fire Capital Fund, India's first real estate-focused private equity fund, has made a first-of-its-kind debut into real estate development with the launch of Astrum Homes Pvt Ltd, a real estate company targeting middle and upper income customers in tier II and III cities. This newly launched FDI-backed realty firm, which is already in partnership with [...]

Tata Launches Luxury Residential Project “The Promont” in Bangalore

Posted: 12 Oct 2011 07:09 PM PDT

Tata Housing on Tuesday announced the launch of a luxury residential project — The Promont, its second one in Bangalore. Spread across 14 acres on a hillock, the project would have 320 apartments in the range of Rs 2.1 crore to Rs 4 crore in four apartment towers as part of the first phase, according [...]

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