QuikrRealty expects to do about Rs100 billion in sales

QuikrRealty expects to do about Rs100 billion in sales

Tiger Global-backed online classifieds portal Quikr has announced that their new entity QuikrRealty expects Rs100 billion worth sale, but refused to give the timeline for achieving it. “As a single entity, we did about Rs25 billion of sale in its value last year, and...
Logix Group buys Apollo Global’s stake in its Noida projects

Logix Group buys Apollo Global’s stake in its Noida projects

Global alternative asset manager Apollo Global Management LlC has sold its investment in Logix Group’s projects in Noida back to the promoters, marking its first exit from a real estate project since it started investing in the sector on its own in 2016. The company...
DLF arm to buy Gurugram land for Rs14.96 billion

DLF arm to buy Gurugram land for Rs14.96 billion

A subsidiary of DLF Home Developers Ltd, which is a unit of India’s largest real estate firm DLF Ltd, placed a winning bid of Rs14.96 billion for an 11.76-acre land parcel in Udyog Vihar, Gurugram, in an auction conducted by the Haryana State Industrial and...
Piramal Realty appoints Naaman Atallah as CEO

Piramal Realty appoints Naaman Atallah as CEO

Naaman Atallah, formerly CEO of Dubai Properties and who ha been heading a portfolio of 144 projects worth $30 billion that included residential, commercial, retail and hospitality developments, has been appointed CEO of Piramal Group’s real estate firm Piramal...