In the Real World – The Week that was 15 06 2013


Real Estate Information for last week

Market Gup Shup

From: Berinder Sahni
Date: Fri, Jun 14, 2013 at 10:57 PM
Subject: In the Real World – The Week that was

Key News

· Rana Kapoor, Shriram Properties, is emerging as a strong contender for acquiring a prime real estate development in Bangalore for about Rs 570 crore; Goldman Sachs, has 73% stake in the project, Century Real Estate and Westcourt account for the remaining stake

· Portman Holdings close to picking up a stake in an upcoming project in Bangalore being developed by an arm of Tata Housing Development Company

· RPG Life Sciences sells part of land at Navi Mumbai to Maruti Suzuki for Rs. 76.91 crores

· Ascendas Trust acquired 2 million sq. ft of office space from Phoenix Group in IT hub of Gachibowli, Hyderabad . The deal valued at about $110m

· L&W Construction, has purchased a 10.1 ha land site in Devanahalli, Bangalore for…

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