Tag: Property Consultant

Realty PE Deal Volume Rises in Q1 and Big Deals are missing.

Private equity deals are alive and kicking in Indian real estate space even though headline numbers do not reflect the same due to the absence of big ticket investments. The total number of PE deals during the first quarter of CY 2012 has hit a three-year high, according to VCCEdge, the financial research platform of […]

Impact of Regional Laws on Realty Sector

In past few years, the realty sector has shown tremendous growth but according to experts, it may still remain a regional play in the country. The underlying reason is that different regions have different laws. JLLM, Jones Lang LaSalle Meghraj, a property consultant firm’s  Country Head and Managing Director Anuj Puri said that developers experience […]

ED Suspects Russian Land Mafia Behind FEMA Violation In Goa

The Enforcement Directorate(ED), the agency responsible for investigating economic crime in India, has sought information from the Goa government on all companies that bought properties in the state between 2000 and 2007, as it investigates the role of a suspected Russian land mafia. The agency suspects that some Indian companies that bought large plots in […]

Real Estate Firms Delay Plans

Most Indian developers have hit the brakes on fresh land acquisitions as a slide in the stock market, rise in interest rates and aggressive demands of the private equity investors have limited funding options. After five years of boom, real estate firms in India are grappling with tepid sales and cash crunches as inflated property […]

Nirmal Lifestyle Plans To Develop 20 Townships

Real estate developer Nirmal Lifestyle is planning to develop 20 townships across India. The company has marked an investment of $5 billion for the first phase, which includes five townships under the brand name of Lifestyle City, a company release said. Spread over 300-1,000 acre, the phase I townships will come up one each in […]