Page 3 - Embassy Group

Embassy to merge some of its properties with Indiabulls Real Estate

The companies did not share details of the properties they are merging

The co-living space heats up with real estate biggies making a beeline

While builders such as Embassy and Brigade are aiming at creating exclusive coliving brands, others are investing in startups active in the segment

Top realtors in talks with Graphite India to acquire Bengaluru land

Deal size expected to be in the Rs 2,000-25,000 crore range

Embassy Group planning to infuse more funds into office park REIT

Blackstone Group is the other sponsor of this REIT

M P Lodha India's richest realty tycoon, DLF's Rajiv at second spot: Report

Lodha Developers' M P Lodha and family has been named India's richest real estate entrepreneur with a wealth of Rs 31,960 crore followed by DLF's Rajiv Singh and Embassy group founder Jitendra Virwani in the second and third position respectively, according to a report. Hurun Report and GROHE India on Monday released the third edition of GROHE Hurun India Real Estate Rich List 2019' featuring the richest real estate entrepreneurs in India. "With a wealth of Rs 31,960 crore, Mangal Prabhat Lodha & family of Macrotech Developers (earlier named Lodha Developers) retained the top spot in GROHE Hurun India Real Estate Rich List 2019 for the second consecutive year," the report said. Lodha family's wealth increased by 18 per cent during 2019 and was 12 per cent of the cumulative wealth of the remaining 99 Indians featured on the list. "At number two is Rajiv Singh of DLF (up one rank) with a wealth of Rs 25,080 crore up 42 per cent as compared to 2018," the report said adding that ...

Land-buying hurdle hits private equity firms betting on warehousing units

The JV had an equity base of $250 million. Four years since the signing of the pact, people in the know say the JV may invest just $100 million

Embassy Parks to invest $300 mn to build warehousing, logistic projects

The company says e-commerce and third-party logistics firms are the main drivers of the demand

Top 10 biz headlines: RBI helps govt on fiscal deficit, IndiGo AGM & more

From RBI's surplus transfer helping the govt contain fiscal deficit at 3% of GDP in 2019-20 to India's leading PSUs facing financial headwinds, here are the top business headlines for Tuesday

Embassy Group forays into co-living space, plans to build 20,000 beds

The company will build 20,000 beds on its existing land portfolio

Embassy may call off stake-purchase deal with Indiabulls Real Estate

Indiabulls now mulling partnership with Blackstone for its commercial real estate assets

Issues aside, cost efficiency, networking opportunity make co-working work

Real estate experts say such places work out to be 15-25% cost efficient vis-a-vis permanent offices

Embassy likely to mop up additional 14% stake in Indiabulls Real Estate

Gehlaut to sell additional stake in a week

Embassy group to acquire 28% promoter stake in Indiabulls realty arm

Indiabulls realty arm Indiabulls will exit realty; Embassy will become a pan-India player

Bengaluru's Embassy Group partners with Amazon to power smart homes

The real estate company's first project in the premium-affordable segment Embassy Edge will have over 800 Alexa-powered homes

Embassy group to invest Rs 13.5 bn to develop four new hotels in Bengaluru

Embassy group had earlier signed the first dual-branded 620-keys twin hotels at Embassy Manyata Business Park

Embassy buys 10 acre land in Bengaluru for Rs 255 crore

Embassy will pay about Rs 230 crore or Rs 23 crore per acre and pay rest as broker charges, registration charges etc

Embassy shelves plans to sell stake in office holding firm

The company was expecting to raise about Rs 5,000 cr through this and was looking to utilise the fund to expand its business