In the Real World – The Week that was

From: Berinder Sahni
Date: Fri, Apr 19, 2013 at 7:17 PM
Subject: In the Real World – The Week that was

Key News

· Mahindra Lifespace and partners looking to sell 5 acre prime land parcel in Byculla, Mumbai

· Lodha Developers Ltd has tied up Rs. 1,950 crore in bank loans for three projects at prime locations in Mumbai,

· Jain Heights & Structures raises $8.2M from Reliance Capital PMS; Milestone Capital exits

· Valmark Group to launch Rs 125 Cr Bangalore focused real estate fund

· Essel Group launches Rs 500 Cr real estate fund

· Indiareit strikes debut deal from the fifth realty fund. The deal is valued at around Rs 100 – 150 Cr

· VGN Developers raises $25.45 M debt for Chennai land parcel acquired from T`ata

· Wyndham Hotel Group to add 26 hotels in India

· Real Value Promoters Pvt Ltd aims to raise Rs 100 – 200 Cr from PE funding for its projects.

· Shilpa Shetty enters realty sector with Grupco Developers in partnership with her friend and first generation entrepreneur

· Government has decided to reduce the Minimum Land Area Requirement by half for different categories of SEZs

Source: Compilation of news articles from various publications


Berinder Sahni CFA MRICS



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