Invesco Global picked up equity shares worth Rs 220 crore of Oberoi Realty through open market transactions. According to the bulk data available on BSE, a total of 50,24,217 shares of Oberoi Realty were purchased by...
Max Estates forms JV with New York Life for Noida realty project
Max Estates, the wholly owned subsidiary of Max Ventures and Industries, has formed a 51:49 joint venture with New York Life Insurance, the largest mutual life Insurance company in the United States, to develop a...
Max Estates forms JV with New York Life for Noida realty project
Max Estates, the wholly-owned subsidiary of Max Ventures and Industries, has formed a 51:49 joint venture with New York Life Insurance, the largest mutual life Insurance company in the United States, to develop a...
Realty, infra sectors drive buyouts deals to a record high in 2019
Buyout deals dominated private equity (PE) and venture capital (VC) investments in India last year, hitting a record high in both volume and value. In 2019, there were 58 transactions worth $16.2 billion, compared with...
Piramal Realty inks joint-venture with Omkar Realtors for Mumbai project
Piramal Realty on Thursday said it has formed a joint venture with Omkar Realtors to develop a project in Mumbai and will invest Rs 3,000 crore over the next few years. Piramal Realty, the real estate development arm of...
Suraksha Realty raises objections to lenders, IRP for not putting highest bid on vote
Suraksha Realty Raises Objection to Lenders, IRP for not putting Highest Bid on Vote. Suraksha Realty, one of the two bidders for insolvent developer Jaypee Infratech, has raised objections to the Interim resolution...
Virtuous Retail buys Tata Realty’s retail mall portfolio for $100 mn
Virtuous Retail South Asia Pte. Ltd (VRSA), the retail development arm of investment firm The Xander Group Inc., has acquired the Trilium shopping mall portfolio from Tata Realty and Infrastructure Ltd (TRIL) for $100...
Suraksha Realty hopeful of getting favourable vote of lenders, home buyers on Jaypee bid
Mumbai-based Suraksha Realty on Monday expressed confidence that bankers and home buyers will vote in favour of its bid to acquire bankrupt realtor Jaypee Infratech, saying that the company has substantially improved...
JSW Infra lends support to Suraksha Realty in turnaround of Jaypee Infratech
JSW Infrastructure on Thursday said it has reached an understanding with Suraksha Realty to provide financial and technical support to the Mumbai-based company which has submitted the final offer to acquire debt-ridden...
Jaypee Infra insolvency: NBCC, Suraksha Realty place final bids
More than 22,000 Jaypee Infratech home buyers have opted for internal voting of the committee of creditors to decide which of the two companies that have bid to take over the stuck projects would complete them. State...
Prestige Group buys 29% in DB realty project
Realty developer Prestige Group has picked up 28.99% stake in commercial development of a DB Realty project. The commercial property in Mumbai’s Bandra locality has a development potential of over 7 lakh sq ft and is...
NBCC, Suraksha Realty asked to make fresh bids for Jaypee Infratech
State-owned NBCC and Suraksha Realty have been asked to submit fresh bids to acquire debt-laden Jaypee Infratech in an ongoing insolvency process, sources said. Lenders of Jaypee Infratech will meet on November 18 to...