Real Estate India,Real Estate Investment in India,Real Estate Gurgaon,Real Estate Delhi,Real Estate Bangalore,Real Estate Chandigarh,Real Estate Mumbai,Real Estate Chennai

Saturday, November 17, 2007

Mall in Mumbai

Mumbai real estate is going to attract ETA Star Property Developers which will build a mall in Mumbai’s Juhu area by spending Rs. 1,500 crore.

The mall will be constructed in a 50:50 joint venture with Supra Estates by developing 10 acre plot in January next year.The service apartments will also be built.

ETA Star is basically a Chennai real estate developer which is a part of $4 billion ETA Ascon group based in the UAE.

The company has invested Rs. 800-900 crore to acquire the land for the mall. The construction of the mall will be completed by 2010 and will be available for lease for seven years.

Mainly the company is operating its projects in southern region of the country across Chennai, Bangalore and Hyderabad.

The Jasmine Court apartments are being built by the company in Chennai. There are two more Bangalore residential projects ‘Binny Crescent’ and ‘The Gardens’.

Wednesday, November 14, 2007

India Realty Fund by Trikona Capital

Trikona, a New York-based real estate investment company is planning to invest an Rs.1, 500 crore in India.

The investment will be made in residential and commercial properties
by-invitation-only with a minimum ticket size of Rs25 crore which will be launched in December.

This is going to be the largest rupee-denominated real estate fund to be raised so far.

A $1 billion (Rs3,940 crore) infrastructure fund will also be launched by Trikona.


A report on the real estate sector by consulting firm Ernst & Young revealed out that over $3 billion real estate funds is in the queue which is targeting real estate in India.

Blackstone, Morgan Stanley, GE Commercial, Citigroup Property, Berggruen Holding and Bluestone Quantum Management Pvt. Ltd also want investments in real estate in india.

Friday, November 9, 2007

Lehman Brothers to pick Ramky

NYSE-listed Lehman Brothers is going to take 10% in a Hyderabad-based Ramky Group for Rs 407 crore. Ramky Group is an infrastructure and realty company promoted by Ayodhya Rami Reddy with a turnover of around Rs.1, 600 crore.

Lehman Brothers who deals in different types of industries is a global financial services firm. It has its various branches across the world.

The company wants to expand its operation in Middle East and Singapore in addition to India. They are also willing to acquire mid-sized companies in Singapore and Middle East.

Ramky Enviro Engineers which get second highest PE funding. Last year, IL&FS and Sabre Abraaj introduced around Rs 125 crore ($28 million) in Ramky Infrastructure by picking up a 13.5% stake in Ramky Infrastructure.

Also, Lehman Brothers has invested around $80 million in a Bangalore-based research and development SEZ in Gandhi City. The company also provided funds by its PE arm in India.

Thursday, November 8, 2007

Real estate boom in India produce more investments

The real estate boom in India and technology sector of India are the most important sector in the eyes of foreign investors.The foreign private equity funds want to make more cash from these booming sectors by investing in these sectors.

A New York based private equity firm, Baseline is planning to invest $50-100 million in the sectors i.e realty, infrastructure,power,retail and technology.

The flow of investment will take a time of one year.The company is also interested to pick an equity stake in mid sized companies.

In the first phase the company is willing to invest in Hyderabad, Bangalore and Chennai and will expand to other regions later.

The mid sized companies which has strong business model will be targeted first by the Baseline .Wexford Capital LLC has joined with Baseline to fund its initial investment in India.

Wexford having over $7 billion assets under management with an over twelve years of experience in hedge funds and private equity investment which is the main investor in Baseline.

Baseline has performed 120 advisory and capital raising transactions over $100 billion in collaboration with Wexford Capital LLC

Wednesday, November 7, 2007

India Real Estate Fund by HSBC

A $500 million India real estate fund has been provided by the HSBC in addition to the growth fund investments in the range of $600 million.

Not only the private equity club is developing which has reached to billion dollar worth but also forcing to feel their presence in India-focused funds.

Hongkong and Shanghai Banking Corporation (HSBC) recently entered for growth stage companies and real estate ventures with an estimated $1.1 billion. They have already acquired global assets of trillions dollars.

Monday, November 5, 2007

Nri investment in india

Nris (Non-resident Indians) who have their homeland in Punjab are contributing an important role in the economic development of Punjab.

The one third of Indians overseas is estimated to over five million who belong to Punjab.

Mansions, schools, hospitals and sports complexes in the State are being developed with the investment made by the nris who have their native place in Punjab.

The nri investment which is made in housing and real estate India development provides Foreign Direct Investment (FDI) to the country.

A mansion has been developed by investing 500000 dollar near Nakodar town, a few miles from Jalandhar by Upender Dhillon who now lives at Nevada in the United States migrated from Punjab in 1981.

Sunday, November 4, 2007

Real Estate Investments in India by Omaxe

Real estate firm Omaxe will develop a residential project at Vishakhapatnam in Andhra Pradesh by investing up to Rs 500 crore in the next 2-3 years

Omaxe has made a deal with Vishakhapatnam Urban Development Authority (VUDA) of 19.53 acres for about Rs 100 crore. The company has already acquired the land for the project.

This project will be a mid-income housing project having an area of 30 million sq ft which will produce Rs.900-1100 crore by selling Rs. 3000 per squre ft of 1500-2000 housing units.

The construction work of project will be commenced in the next 2-3 months and will be completed within 2-3 years.

India Real estate funds an investment destination

Real estate investment in India produces high returns. The high return is given due to many factors i.e. good economic growth, demand of residential, commercial and office space in India.

The investment in Indian real estate gives high returns but it’s a time consuming process.
You are required to have a large amount of funds to buy or invest in real estate sectors.

The India real estate funds are being locked for a long time which gives the investors a huge profit after a certain interval of time.

As the more time is required in getting the profit from the investment the more investors keep them away from this type of investment.

The promotion of India real estate funds by some prominent companies and banks changed the intension of many investors to invest in real estate india. These funds are known as venture funds which are focused on real estate and regulated by the Securities and Exchange Board of India (SEBI), under the category of venture capital funds.

REMF is known as real estate mutual funds which is a good investment option for small investors. It makes the small investors a part of the real estate action. It is operated exactly like the conventional equity funds which a liquid investment and can be redeemed easily.

Saturday, November 3, 2007

FDI in indian real estate market by UK firm

UK based Reit Asset Management is planning to invest $500 million in indian real estate market over next three years. Reit Asset Management has become the FDI partner of Eden City in south Kolkata with Eden Group. Eden City is the biggest projects of South Kolkata.

The company started to invest in India real estate market in 2005 after the permission of FDI in real estate sector. It has already invested $50 million in three projects.

Currently the company is working on two projects in Pune and one in Kolkata with local partners.

On the occasion of launching of Eden City project the director of Reit India pointed out the investmet figure and gives sign of making more investment in real estate projects in India with local firms and organizations.

Friday, November 2, 2007

Real Estate Investments in India by Old Lane

There is one more news regarding real estate investments in India, Old Lane Mauritius III which is an investment vechicle of Old Lane India Opportunites Funds has invested $26 million (around Rs 104 crore ) in KVK Energy and Infrastructure Private. KVK Energy is a Hyderabad-based company.

This real estate investment in India will benefit by funding 1,200Mw KVK Nilachal power project in Orissa and the 120Mw SV power project in Chhattisgarh

KVK Group, operates in natural gas, LSHS, coal, biomass and hydro power, currently owns stakes in 9 power generation projects spread across 6 states.

The Old Lane India Opportunities Funds reached to $518 million with a life of 10 years which was established in july 2006.

Thursday, November 1, 2007

Real Estate Investing in India is Growing

Walton Street Capital, a U.S based real estate private equity fund is going to invest $100 mn(Rs.400 crores) in Shriram Properties.

Shriram Properties owned by Shriram Group is also opened for investment by others which is planning to invest the money in north and west India in the next year.


Walton Street already has an assets of $14 billion is planning to invest in more Indian real estate ventures.

The deep consumer base, high economic growth, rising demand for offices, malls and residence in India are the factors which make Walton Street to think about additional partnership in India.


Shriram Properties will develop an integrated township in Kolkata in collaboration with Starwood Capital Group and Walton Street Capital. As Walton Street has picked up a stake, there will be two members from it in the seven member’s boards.

They have already successfully completed five million sq.ft of properties and currently developing propjects over 65 sq.ft in Kolkata, Chennai and Bangalore with revenues of Rs.295 crore last year.

Real estate investing in India is growing. It will reach to $90 billion by 2015 from $12 billion in 2005 as the real estate fund in India will get $10 billion in overseas funds in the next two and a half years. So far it has attracted about $3 billion.