Daily Real Estate News Digest (17th April 2019)

Singapore-based PE firms' investment into Indian real estate triples in last two years.

Major Singapore-based private equity firms like such as GIC, Ascendas and Xander are investing billions of dollars into the country's real estate sector, particularly in South Indian cities.

ET Realty

DDA goes premium, to offer penthouses, super HIG flats.

Delhi Development Authority is all set to venture into luxury housing, a segment reserved till now for private developers.

ET Realty

Visakhapatnam development body all set to sell last 20 row houses.

These 20 row houses were earlier leased out to the Andhra Pradesh Human Resource Development Institute (APHRDI) in 2017 to accommodate its trainees. 

ET Realty

Touching The Sky at 268m, is 'The 42' in Kolkata The Tallest Building in India.

The 42, located in the Chowringhee area in Kolkata, is going to be 268 meters in height. It has 65 floors, and is still under construction. The building has completely altered the skyline of Kolkata..

News 18

Tridhaatu realty in talks with private equity firms to raise 450cr.

The company has initiated talks with financiers for pure equity participation in a platform that will include its ongoing projects and few redevelopment projects to be added later. 

ET

 

 

 

 

 

Gera drags Godrej to court over use of 'ChildCentric' brand.

Pune-based realtor contends it has already registered the trademark in 2008, which is now being used by the pan-India realty major to promote the Noida project.

PuneMirror

Court raps Mumbai-based Man Global for suing flat buyers.

If a person buys a flat but does not get possession, “he has the right to raise his voice within the four corners of law”

Et Realty

Man held for duping Rs 1.1 crore from Pune-based builder.

Market Yard police have arrested a man for duping a developer to the tune of Rs 1.12 crore by selling a plot of land using forged papers. 

Et Realty

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