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PE realty funds flock to residential projects

For second year in a row, funds continue to invest more in residential assets over commercial spaces

Piramal builds on credit to realtors

It has emerged as the largest lender to real estate developers at a time when the sector is facing severe slowdown

H&M India will boost staff strength to 1,000 by year-end

Swedish retail chain, which has six stores across the national capital region, Bengaluru and Mohali, currently has around 800 employees in the country

H&M India to boost staff strength to 1,000 by year-end

H&M has six stores across NCR, Bengaluru and Mohali, and around 800 employees in the country

India a bright spot for Tesco

UK-based retail chain's India operations have registered highest growth in like-for-like sales

Big Bazaar plays the social card

The Kishore Biyani-owned retail chain launches a new campaign after two years, positions itself as a multi channel mass market brand

BlackSoil Realty Fund invests in Mumbai project

The Mumbai-based fund has made five other investments in the past in Mumbai, Chennai, Bengaluru and Hyderabad

IKEA to hire 15,000 to set up 25 stores

Plans to hire equal number of men and women at its offices and stores across the country

DLF draws plan to repay residential business debt

Reports say DLF promoters will infuse Rs 10,000 crore in the company through preferential allotment after they sell 40% in DLF Cyber City Developers

Developers agree with HDFC Chairman Deepak Parekh; PEs say they are best suited

Developers said if banks and housing finance companies are allowed to fund land buying it would reduce their cost of funding

UK is the place to holiday, study & buy your next dream home

Exchange rates to provide for 5-7% savings in package costs; consultants forecast higher property purchases by Indians; currency depreciation to make education cheaper

Brexit Impact: More Indians may buy properties in UK

Anuj Puri, chairman of JLL India, compared the UK situation to the earlier recession in the US when Indians took leading position to take advantage of falling property prices

HDFC arm aggregating brokers' services to widen realty market

The company's new strategy comes in the backdrop of the prolonged slowdown in the real estate markets in the country

Bengaluru realtors complete office projects in a hurry

In a few quarters, more projects expected to follow suit as developers are aiming for faster completion of projects

Luxe malls catch realty developers' fancy

At least half a dozen are in the works with increasing brand awareness and growing purchasing power in upper classes

C&W's Dutt to be India CEO of Ascendas-Singbridge

He is currently on notice period in C&W and will relocate to Bengaluru once he moves

Sebi to e-sell Sahara properties for Rs 1,000 cr

It has set a reserve price of Rs 1,898 crore for these properties

Lodha Group looking at IPO in 12-15 months

Aims for Rs 7,500 cr of sales in FY17

Housing financiers on a high

Loans against property and affordable housing are seeing good traction, despite a slowing real estate market

HDIL to garner Rs 750 cr from Mumbai land deals

Firm is selling 5 mn sq ft each in Palghar and Vasai-Virar areas, is expected to get Rs 350-400 cr for each