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1. Irfan Razack, CMD, Prestige Group, on the year that was for Indian realty and looking ahead

The real estate market has proved to be resilient in 2018. Despite witnessing several major policy changes with the implementation of RERA and GST, we have still managed to do well as an industry.


2.Next-gen quick-launch bridges are the need of the hour in India to save time and money, writes KK Kapila, Chairman, International Road Federation

India has challenging ground conditions in places like Uttarakhand, Himachal Pradesh, Jammu & Kashmir and the northern and eastern parts of the country, which are prone to landslides and difficult terrains.


3.Prestige to acquire 66.66% stake in group company for Rs 324 crore; plans to develop one of the largest affordable and mid- income housing projects

Prestige Group, a leading real estate developer in the country, through its wholly-owned special purpose vehicle (SPV) is acquiring 66.66 per cent stake from private equity partner Red Fort India Real Estate and land owners in its group company – Prestige Projects (PPPL).


4.Prestige Group and HDFC to set up a Rs.2,500-crore residential platform

Prestige Group and HDFC to set up a Rs.2,500-crore residential platform Prestige Estates Projects (PEPL) has entered a strategic partnership with HDFC Capital Advisors to enhance its presence in the affordable housing sector.


5.Find out how companies are bolstering risk management systems

Ten years on from the global financial crisis, RICS’ Real Estate Investment Risk Forum (IRF) challenges the industry to learn from the lessons of the past, as market dynamics create growing appetite for risk.


6.Jaypee Infratech ordered to deposit Rs 2,000 crore in court

A bench comprising of Chief Justice Dipak Misra along with judges DY Chandrachud and AM Khanwilkar has permitted an Interim Resolution Professional (IRF) to access Jaypee Infratech’s records, following which, the Supreme Court has taken a series of steps in the case to protect the interests of those affected.


7.Prestige Group announces strategic acquisition of stake in seven SPVs for Rs 342 crore

Prestige Group, a leading real estate developer and one of the largest mall owners in the country, through its subsidiary has concluded acquisition of CapitaLand’s stake in various SPVs for a total consideration of around Rs 342 crore.


8.IIFL arm to raise $500 million for maiden offshore affordable housing fund

Leading finance major IIFL Asset Management is set to raise $500 million in the coming financial year for its first offshore affordable housing fund. The company is optimistic of closing its domestic funds by the end of the current financial year.


9.Prestige Group and HDFC partner to set up Rs 2,500 crore

Prestige Estates Projects (PEPL) has announced that it has entered into a strategic partnership with HDFC Capital Advisors for furthering its business in the mid-income or affordable housing sector.


10.CREDAI will lead the charge to achieve Housing For All

The Confederation of Real Estate Developers' Associations of India (CREDAI), flagged off its prestigious annual flagship summit – CREDAI Conclave 2017 – at Hotel Taj Palace, New Delhi.