Author: PropertyXpo

Realty major DLF has settled the entire Rs 8,700 crore amount payable to DLF Cyber City Developers Ltd (DCCDL), its joint venture with Singapore-based GIC, by transferring various completed commercial properties and land parcels as well as cash payment. With the settlement of these dues, the company said it has completed the exercise of transforming its balance sheet and consolidation of all rental assets under the DCCDL. DLF holds 67 per cent stake in DCCDL, while Singapore’s sovereign wealth fund Continue Reading

Godrej Properties Ltd, belonging to the Godrej Group, is one of the leading real estate development companies in India. The company is focused on developing residential, commercial, retail and IT projects across cities like Mumbai, Pune, Bangalore, Kolkata and Hyderabad. Their business focuses on residential, townships, commercial complexes, office spaces, business centres, IT Parks and technology parks. The company is the subsidiary of Godrej Industries Ltd. Godrej Properties is currently developing residential, commercial and township projects spread across approximately 14 Continue Reading

A slew of reforms introduced in the Indian real estate sector over the past two-three years are helping the market move towards improved transparency and are therefore attracting more foreign institutional investors. Key policy transformations such as RERA, REIT, PMAY affordable housing, and the GST have positively impacted the realty sector. With laws now allowing 100 percent FDI (foreign direct investment) in construction development and REITs now in place for commercial real estate, the Indian real estate industry is witnessing Continue Reading