Red Fort Capital and Prestige earn approximately Rs 125 crore annually as rentals from the business park.
Indian companies signed as many as 360 private equity deals totaling USD 8.9 billion in the January-October period of this year, registering an increase of 33 percent over the corresponding period a year ago.
Going forward Raja Lahiri of Grant Thornton does not see an upswing in the deal momentum. However, larger funds will continue to put bets on Indian growth story, he adds
Recently, Delhi-based Parsvnath unveiled a new scheme called the ‘The 25:75 House of Happiness‘. Parsvnath‘s scheme is for 16 residential and four commercial projects in several cities including Delhi, Greater Noida, Ghaziabad, Sonepat, Panchkula and Moradabad.
Land parcels in prime areas in the Mumbai city are drying up, and that's putting more pressure on real estate companies to ramp up their margins. So, this is driving many players to actively pursue redevelopment projects reports CNBC-TV18‘s Priyanka Ghosh'