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Real estate fund managers rush to raise fresh money as banks baulk


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Godrej Fund Management To Motilal Oswal , Godrej Fund Management , Motilal Oswal , Investment Advisors , Standard Digital , Business Standard , Seamless Sign Up , Business Standard Digital , Debit Cards , Net Banking , Payment Wallets , கோதுரேஜ் நிதி மேலாண்மை , மோட்டிலால் ஒசுவள் , தரநிலை டிஜிட்டல் , வணிக தரநிலை , தடையற்ற அடையாளம் மேலே , வணிக தரநிலை டிஜிட்டல் , பற்று அட்டைகள் , நிகர வங்கி , கட்டணம் பணப்பைகள் ,

Prestige Estates acquires land from Century Real Estate Holdings


Prestige Estates acquires land from Century Real Estate Holdings
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Synopsis
The newly acquired land has developmental potential of 2.4 mn sft and can generate rental income of Rs 260 cr per annum, said a person familiar with the development.
(Representational image)
Prestige Estates has acquired two land parcels North Bangalore from Century Real Estate Holdings to expand its commercial portfolio. The firm plans to invest Rs 1,000 crore to develop the 17 acres land parcel in the city.
The land parcels housed under two SPVs will have Prestige hold 45% stake in Century Megacity and 55% stake in Century Landmark in Hebbal, North Bangalore. ....

Venkatk Narayana , Prestige Group , Blackstone Group , Godrej Group , Century Real Estate Holdings , Bangalore To Godrej Fund Management , Prestige Estates , North Bangalore , Century Megacity , Century Landmark , Godrej Fund Management , Real Estate , Century Real Estate , ப்ரெஸ்டீஜ் குழு , கருப்பு கல் குழு , கோதுரேஜ் குழு , சிஇஎன்டியுவ்ஆர்ஒய் ரியல் எஸ்டேட் ஹோல்டிங்ஸ் , ப்ரெஸ்டீஜ் தோட்டங்கள் , வடக்கு பெங்களூர் , கோதுரேஜ் நிதி மேலாண்மை , ரியல் எஸ்டேட் , சிஇஎன்டியுவ்ஆர்ஒய் ரியல் எஸ்டேட் ,

IL&FS headquarter: IL&FS expects BKC headquarters, GIFT City towers' sale to fetch over Rs 1,350 crore


Synopsis
At least a dozen entities have expressed initial interest in buying the IL&FS headquarters and the final bids will show the actual conversion. The deadline for final bids for this asset is at the end of this month (April), but we expect this to spill over to May,” C.S. Rajan, Managing Director, IL&FS told the media at a web conference.
The government-appointed management of Infrastructure Leasing & Financial Services (IL&FS) expects the sale of its iconic corporate headquarters in Mumbai’s Bandra-Kurla Complex (BKC) and two commercial towers in Gujarat’s GIFT city to fetch over Rs 1,350 crore. ....

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