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.
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).
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.
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.
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.
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.
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.