It Sez

Ascendas Property Fund Trustee Pte. Limited, in its capacity as Trustee-Manager of Ascendas India Trust, enters into definitive agreements for the proposed acquisition of aVance 6 at HITEC City in Hyderabad.

DLF Cybercity to invest Rs 500 crores for Phase III expansion, in Chennai

DLF Cybercity, which commenced operations in 2007, on May 10, 2017, announced the expansion of Phase III of its SEZ in Chennai, covering 1.6 million sq ft, a company statement said. Reaffirming the company’s &#82

Shriram Properties, Xander enter into USD 350 million deal

Xander Group, on May 2, 2017, signed a deal with Shriram Properties, to acquire 100 per cent stake in Shriram’s Gateway SEZ in Chennai, for USD 190 million (Rs 1,250 crores), with a further &#82

M3M group to sell Gurgaon IT-SEZ to Tata Realty for Rs 500 cr

M3M India's subsidiary Mikado Realtors Pvt Ltd had got a formal approval from the Commerce Ministry to develop a 25 acre SEZ for electronic hardware, IT/ITES in Gurgaon with a developable area of 3-3.5 million sq ft.

DLF to launch Rs 3,600cr CMBS issue in next two months

DLF, had in February this year, said it was ready to launch a large CMBS of about Rs 3,600 crore in its SEZ business to further improve the quality of debt.

South India emerges as property hotspot

Chennai recorded a 50 percent quarterly growth in the July-September period, with some of the bigger transactions involving properties like the Prestige Palladium in the heart of the city

Unitech inks Rs 1,000 cr office leasing deal with Accenture

Unitech and UCP, listed on the AIM of the London Stock Exchange, are in talks to sell their entire stake in the special economic zone (SEZ) being built for IT companies in Gurgaon.

Sebi revives process of introducing Realty Investment Trust

Market regulator SEBI has revived the process of introducing REITs. IT effectively provides an alternate investment vehicle to a private investor. Ramesh Sankahead of DLF talked to CNBC-TV18 about rental business for commercial and retail real estate.

ICICI Venture to raise upto Rs 1,000cr to invest in housing

Leading private equity firm ICICI Venture on Friday said it plans to raise up to Rs 1,000 crore from high net worth individuals in the next six-nine months to invest in the residential real estate.