The fund has been set up as an alternate investment fund, firm expects to achieve first close by March and conclude fundraising in the next 6-9 months
Leading realtors say it's difficult to judge the trend
Third party and e-commerce accounted for 60% of total absorption in 2020, followed by manufacturing at 24%. That year, investments of over $1-bn were made in industrial & warehousing market
Globally, its asset management business includes 344 properties (143.7 million square feet). Recently DLF bought Hines' stake in One Horizone Center for Rs 780 crore
However, developers peg the benefit at 6 to 7 per cent after passing on stamp duty costs to buyers
Reduction approved under new DCPR rule 2034 across the board for on-going and new projects up to Dec 31, 2021
The company's stock has risen 95 per cent since beginning of FY21
Hyderabad led the pack with the highest net absorption in Q4CY2020
Savills Research expects private equity investors to assess an opportunity of around $330 million in the industrial and warehousing segments in 2021
Bengaluru asset has a development value of Rs 12,000-14,000 crore
Among the top 7 cities, Pune saw the maximum rise of 38 per cent during the period
Both developers and fund managers believe that residential has rebounded better than commercial properties
According to Raj Menda, chairman of RMZ, the deal would be higher than what was originally planned and involves more cities than just Chennai and Bengaluru
Birla Estates aims to become one of the country's largest property developers; is starting the next phases of some of its existing projects
The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce debt.
Blackstone, Brookfield, Allianz make ₹2,000-crore bid for the property
Godrej Properties, part of Godrej group, last month launched plotted developments of 1 million sq ft in Faridabad on 43.61 acres of land acquired from BPTP, an NCR-based developer
Prestige will sell 85-87 per cent in its nine operational malls to Blackstone in places such as Bengaluru, Mysuru, Mangaluru, and Hyderabad
The total portfolio is expected to be around 21 million square feet (mn sq ft) of completed and under construction projects, said CMD Razack
Six months ago, it was looking at increasing the number of three-bedroom apartments by 5 per cent