However, rivals call it too expensive
While MCHI-CREDAI Property 2012 had 120-plus developers, the 2013 edition saw just 102 developers
Absoprtion of homes in NCR down 12% in second half of FY13 over last year, while launches have declined by 31% in same period
Coming close to Future Retail, after 42% revenue growth
Nearly 33,500 units were launched in H2 of FY 2013
The fund will have a corpus of Rs 500 crore with a greenshoe option of an additional Rs 500 crore.
The British retail brand has gone in for focused segmentation to ease navigation by shoppers
More expected to follow by doing away with warehousing
At Rs 340 a square feet a month, the nine-year pact is among the costliest
84% of the Rs 27,907 cr PE funds have gone into projects in B'lore, Chennai, Pune and Mumbai
JLL's first fund is close to investing in a Bangalore housing project, according to reports
The move has helped the retailers to cut costs and inventory
Scales down offshore fund size from Rs 2,720 crore to Rs 1,632 crore; also plans second re-development fund for the Mumbai market
Will redevelop a private housing society in Malad West, Mumbai
Sale of the company to Aditya Birla Nuvo will transfer Rs 1,600 cr debt to new entity
The company has been buffeted by setbacks. Its expansion plans are on hold, promoters have pledged their shares and its market cap has tumbled
The value of the stake comes to about Rs 83 crore
Stock tumbles 24% in two trading sessions
FMCG giant HUL sold or leased its landmark commercial properties, including its former headquarters, last year