Daily Real Estate News Digest (25th July 2019)

Buyers' money diverted by Amrapali to Dhoni-promoted Rhiti Sports: SC

The bench has noted that the Amrapali Group of Companies paid Rs 42.22 crore to Rhiti Sports Management Pvt Ltd between 2009 and 2015.

ET Realty

In Mauritius papers, a real estate fund that never took off.

Kolte Patil Developers has referred to its partnership with Portman Holdings time to time but not the Fund or its association with Conyers.

Indian Express

CapitaLand looks to foray into residential and retail real estate.

Singapore-based investor CapitaLand is looking into entering residential and retail real estate in this country. 

Business Standard

Dharavi redevelopment project lands at PMO's doorstep.

A U.A.E.-based consortium has approached the Prime Minister’s Office for expediting the contract for the Dharavi redevelopment project, nearly seven months after it emerged the highest bidder

Bloomberg Quint

SEBI asks Hotel Leelaventure to seek shareholder nod for Brookfield deal afresh.

The Securities and Exchange Board of India (SEBI) has ordered Hotel Leelaventure Ltd to seek shareholder approval for a multi-million-dollar deal with Brookfield Asset Management Inc. afresh after making additional disclosures.


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