The $2.5-billion Godrej group plans to make its property development arm Godrej Properties (GPL) the largest business within the group in 5-10 years. “This is the fastest growing and capital intensive business and does not …

In an attempt to cash in on the peak winter season and the improved economic scenario, “Hoteliers are planning to increase the average room rates (ARRs) by 10-15 per cent from September 2010 as they …

Real estate firm Lodha Developers has raised Rs 500 crore by selling a 10 per cent stake in a project to develop a 117-storey residential tower in Mumbai to HDFC Venture Funds. “The deal shows …

The country’s largest real estate developer DLF is in talks with leading domestic banks ICICI Bank and State Bank of India to refinance a $300-million loan it had raised via external commercial borrowings (ECB) last …

The International Finance Corporation is in talks with several real estate developers to create large affordable housing projects in India. “IFC has been talking with everybody; there have been discussions with the Tatas and with …

Six real estate projects in Chennai have got top ratings from Crisil, which has, for the first time, has come out with a product to provide city-specific all round assessment of real estate projects.
Addressing a …

Transport Corporation of India (TCIL) will demerge its real estate and warehousing divisions in next three months and expects to create greater value for shareholders through the hive-off. After the demerger, the company would focus …