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Abu Dhabi Investment Authority: ADIA-backed Lake Shore in talks to acquire Viviana Mall


Synopsis
The proposed deal assumes significance as it indicates global investors’ unabated interest in Indian mall developments and confidence that retail consumption will rebound once the Covid-19 pandemic is over.
Representative Image
The Abu Dhabi Investment Authority-backed Lake Shore India Advisory is in talks with realty developer Ashwin Sheth Group and Singapore’s sovereign wealth fund GIC to acquire Viviana Mall in Thane for around Rs 2,000 crore, said persons with direct knowledge of the development.
The proposed transaction will be the largest ever single and operational retail property acquisition in the country.
“The discussions between all three entities have reached an advanced stage and the transaction is expected to be completed soon as the terms are being finalised now,” said one of the persons mentioned above. ....

Pratap Nagar , Madhya Pradesh , Andhra Pradesh , Abu Dhabi , Abuz Aby , United Arab Emirates , Warburg Pincus , Xander Group , Sheth Group , Blackstone Group , Ashwin Sheth Group , Sethi Group , Phoenix Group , Viviana Mall , Pokhran Road , Lake Shore , Canada Pension Plan Investment Board , Virtuous Retail South Asia , Nagpur Based Sethi Group , Viviana Nagpur , பிரதாப் நகர் , மத்யா பிரதேஷ் , ஆந்திரா பிரதேஷ் , ஒன்றுபட்டது அரபு அமீரகங்கள் , வார்பர்க் பிங்கஸ் , க்ஷண்தேர் குழு ,

Omaxe And Eldeco Among Seven Players Keen For Development Of Land Along Chandigarh Station


Omaxe And Eldeco Among Seven Players Keen For Development Of Land Along Chandigarh Station
by Arun Kumar Das - Mar 13, 2021 06:08 AM
Chandigarh Railway Station.
Snapshot
IRSDC had recently invited a Request for Proposal for leasing vacant land parcels for mixed-use development as part of the Chandigarh Railway Station redevelopment project.
Evincing keen interest, seven leading developers have participated in the first pre-bid meeting held for leasing four vacant land parcels for mixed-use development as part of the Chandigarh Railway Station redevelopment project.
The positive response came from from seven companies including Eldeco, Developer Group, Virtuous Retail South Asia, Kalpataru Power Transmission and Omaxe for the leasing out a total built-up area of 2,32,341 sqm. ....

Union Cabinet , Indian Railway , Developer Group , Development Corporation , Chandigarh Railway Station , Virtuous Retail South Asia , Kalpataru Power Transmission , Indian Railway Stations Development Corporation , Railway Station , Chief Executive Officer , Railway Act , Indian Railways , Chandigarh Railway Station Redevelopment Project , தொழிற்சங்கம் மந்திரி சபை , இந்தியன் ரயில்வே , டெவலப்பர் குழு , வளர்ச்சி நிறுவனம் , சண்டிகர் ரயில்வே நிலையம் , நல்லொழுக்கமுள்ள சில்லறை தெற்கு ஆசியா , கல்பதரு பவர் பரவும் முறை , இந்தியன் ரயில்வே நிலையங்கள் வளர்ச்சி நிறுவனம் , ரயில்வே நிலையம் , தலைமை நிர்வாகி அதிகாரி , ரயில்வே நாடகம் , சண்டிகர் ரயில்வே நிலையம் மறுவடிவமைப்பு ப்ராஜெக்ட் ,