With Rs 1,800 cr Warburg boost, Piramal eyes on mixed-use projects
In one of the largest FDI deals in realty sector, global private equity Warburg Pincus will invest Rs 1,800 crore in Piramal Realty, which would use the funds to develop mixed-use projects in the megalopolis.
Jul 21, 2015, 22:01 PM ISTGovernment relaxes FDI norms for construction sector
In view of depleting FDI inflow in construction and real estate sector in last couple of years, the government has reduced the minimum floor area to 20,000 sq mt from the earlier 50,000 sq mt.
Dec 03, 2014, 16:17 PM IST