Daily Real Estate News Digest (21st July 2018)

Brookfield puts $100 million in Incor’s projects in Hyderabad

Brookfield Capital Partners has invested $100 million in two residential projects of Incor Infrastructure in Hyderabad. The two residential projects have the developmental potential of 6 million sq ft and are expected to be completed by 2022

ET Realty

IHCL to open eight new hotels this year, eyes 30% growth next five years

Indian Hotels Company will be opening eight new hotels this year and is targeting a 30 percent revenue growth over the next few years as the sentiment has turned positive for the industry

ET Realty

Over 900 projects not registered with RERA may be blacklisted: Karnataka's housing minister

As many as 924 housing projects across the state are likely to be blacklisted by the government for not registering with RERA as mandated by Real Estate (Regulation and Development) Act.

ET Realty

Secondary real estate market on a recovery mode: FICCI survey

The secondary real estate market in India has started recovering after being hit by demonetisation, according to a survey conducted by Grant Thornton, FICCI and Escrowffrr.

Business Line

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