The Ahmedabad-based Amrapali group and Venus group went into a joint venture to develop a retail-cum-office project on a land parcel of 15,000 sqft that cost over Rs. 400 crore. The land is situated on the Sindhu Bhawan Road also known as SBR and this is believed to be one of the costlier real estate […]
Continue ReadingRecently, the VRSA i.e. the Virtuous Retail South Asia, an extended arm of private equity major Xander Group bought a land parcel of approximately 20-acres in Thane from the Raymonds Group, a textile major. This transaction is believed to be finalized for $100 million that is nearly Rs.710 crore. The Virtuous Retail South Asia plans […]
Continue ReadingIn a recent development, the Embassy Industrial Parks plans investment of approximately USD 300 million (about Rs 2,100 crore) in the next three years for developing its ongoing logistics and warehousing projects, an official said. The company, a joint venture between realty firm Embassy Group and private equity firm Warburg Pincus, is developing industrial and […]
Continue ReadingIn a recent development, Sunteck Realty a well-known name in Indian real estate market signed a deal with Transcon Developers to jointly develop a plot located in Mumbai. This land parcel is estimated to cover 7-acre of the area and is exactly situated in Off New Link Road that is near to the Lokhandwala Complex […]
Continue ReadingThe well-known realty developer, the Lodha Group went into a joint venture with ESR India the Asia Pacific logistics real firm to develop an industrial park at the Palava City, close to Mumbai. This park will be named as the ESR-Lodha Industrial Park and is planned to have 17 buildings in the vast area of […]
Continue ReadingThe Chennai-based Olympia Group in a joint venture with a US-headquartered alternative asset manager Apollo Global Management plans to invest Rs. 750 crore on a 1.1-million sq. ft. greenfield IT park in Chennai. This will be developed in three years. Both, the Olympia Group and the Apollo Global share 51% and 49% share in the […]
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