News for 'Panchshil Group'

Realty to get indirect push from Budget proposals

Realty to get indirect push from Budget proposals

Rediff.com3 Feb 2026

The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.

Why India Is Warming Up To Reits

Why India Is Warming Up To Reits

Rediff.com18 Nov 2025

Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.

One Reit may enter market annually for next 3-5 yrs: IRA chief

One Reit may enter market annually for next 3-5 yrs: IRA chief

Rediff.com15 Sep 2025

India's real estate investment trust (Reit) sector is set for robust expansion, with at least one new Reit expected to enter the market each year over the next three-five years. This growth trajectory builds on rising occupancies, surging leasing activity, and increasing investor interest.

Realty firms eye revenue upside, portfolio diversification from data centre boom

Realty firms eye revenue upside, portfolio diversification from data centre boom

Rediff.com24 Jun 2025

Data centres are increasingly becoming a key part of the real estate landscape, as reality firms - with rich expertise in land acquisition, construction and dealing with government approvals - are seeing them as opportunities to build long-term assets with continuous revenue flow.

IPOs mark a new era for India's hospitality industry with scale, ambition

IPOs mark a new era for India's hospitality industry with scale, ambition

Rediff.com15 Jul 2025

India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.

Hotel Rates Hit Record High In '24

Hotel Rates Hit Record High In '24

Rediff.com19 Dec 2024

Driven by a boom in domestic tourism, a record number of weddings in November and December, and a surge in extended weekend vacations.

Blackstone, Panchshil Realty to buy Express Towers for Rs 900 cr

Blackstone, Panchshil Realty to buy Express Towers for Rs 900 cr

Rediff.com19 Nov 2013

US private equity firm Blackstone Group LP and Indian developer Panchshil Realty are close to buying a majority stake in an office tower in Mumbai for about Rs 900 crore (Rs 9 billion), two sources with direct knowledge of the matter said.

Trump group has big plans for India's realty sector

Trump group has big plans for India's realty sector

Rediff.com11 Nov 2016

The group has tied up with property developer Ireo for an office complex and M3M Group for a residential project in Gurgaon

Blackstone, Embassy pad up to launch first REIT, raise Rs 4k cr

Blackstone, Embassy pad up to launch first REIT, raise Rs 4k cr

Rediff.com26 Sep 2016

Draft prospectus to be filed next week; second trust, with Panchshil, in a few months

Mumbai's iconic Express Towers sold for Rs 870 crore

Mumbai's iconic Express Towers sold for Rs 870 crore

Rediff.com5 Jul 2014

After months of negotiations, an entity owned by Pune-based property developer Panchshil Realty and US-based private equity (PE) company Blackstone has bought a majority stake in Express Towers.

Express Towers sale talks hit valuation wall

Express Towers sale talks hit valuation wall

Rediff.com18 Oct 2013

While private equity giant Blackstone and Pune-based realtor Panchshil Realty had offered Rs 800 crore for the building at Nariman Point, the building's owners -- Viveck Goenka, chairman and managing director of the Indian Express Group, and private equity firm ICICI Venture (which has 49 per cent stake in the property) -- expected the sale to fetch Rs 900 crore, said the executive.

Indian builders turn to global icons to trump the slump

Indian builders turn to global icons to trump the slump

Rediff.com19 May 2016

Zinedine Zidane, Donald Trump, Steve Waugh have all lent their name to realty projects in the country.

Tuhin Parikh: The man who spotted value in office properties

Tuhin Parikh: The man who spotted value in office properties

Rediff.com25 Dec 2014

He is the man behind Blackstone's India strategy

Hotel chains do their bit to fight COVID-19

Hotel chains do their bit to fight COVID-19

Rediff.com6 Apr 2020

The strident support from the hotels comes at a time when the industry is itself caught off guard with a sharp dip in both in-bound traffic from foreign markets, reduced domestic traction as well as a total shut-down of MICE business that has led the country top players by market cap to lose over half their value in just a little over a month.

GIC has mega plans for Indian realty; invests Rs 12,600 crore in 8 months

GIC has mega plans for Indian realty; invests Rs 12,600 crore in 8 months

Rediff.com17 May 2018

GIC entered Indian real estate in 2005, when it did a deal with residential developer XS Real, a Chennai-based developer

Blackstone, GIC rivalry keeps Indian realty pot boiling

Blackstone, GIC rivalry keeps Indian realty pot boiling

Rediff.com1 Aug 2016

Aggressive acquisitions & deep pockets fuel real estate competition; experts suggest future partnership

Will India's 1st real estate investment trust ever see daylight?

Will India's 1st real estate investment trust ever see daylight?

Rediff.com30 Mar 2017

Reit as an investment vehicle has a huge opportunity as the country has a rent-yielding office inventory of 537 million square feet valued in excess of $70 billion.

Why Morgan Stanley is so fascinated by India's real estate

Why Morgan Stanley is so fascinated by India's real estate

Rediff.com25 Dec 2014

Morgan Stanley has big plans to invest in India's real estate.

JPMorgan, Morgan Stanley cool off Indian realty

JPMorgan, Morgan Stanley cool off Indian realty

Rediff.com22 Nov 2017

According to experts, banks have found better arbitrage opportunities in dollar terms in mature economies with mortgage and leverage rather than take equity exposure on Indian real estate.

Foxconn to set up production unit in Maharashtra for $5 bn

Foxconn to set up production unit in Maharashtra for $5 bn

Rediff.com9 Aug 2015

Company signs MoU with state for its three-year plan; ties up with Subhash Ghai firm for content creation

The reality of Indian realty: More downs than ups

The reality of Indian realty: More downs than ups

Rediff.com28 Mar 2018

Raghavendra Kamath reports on what ails India's real estate sector.

Discover India's poshest homes

Discover India's poshest homes

Rediff.com6 Aug 2018

These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.

Branded homes, latest toys of India's super rich

Branded homes, latest toys of India's super rich

Rediff.com15 Jun 2015

Branded residencies, designer-stamped homes have a snob value and are sold at a high premium, to willing buyers

'I doubt if Sahara is serious about selling properties'

'I doubt if Sahara is serious about selling properties'

Rediff.com30 Jul 2014

Owners of Pune-based Serum Institute of India, the Poonawalla's have thrown the hat to acquire the iconic Grosvenor Hotel in UK from Sahara Group.