Search Results for:Madhurima Nandy
Global investment firm Blackstone Group Lp’s India subsidiary Nexus Malls is set to launch its first shopping mall in the country in Seawoods, Navi Mumbai, expanding its retail portfolio. Blackstone had bought about 1 million sq. ft of retail space in the Seawoods Grand Central Mall in 2016 from L&T… Read more »
L &T Realty Ltd, the real estate unit of India’s largest engineering company Larsen and Toubro, has secured approval to develop a special economic zone (SEZ) in north Bengaluru, though its focus will be on projects in west India, said a company official. The Mumbai-based firm plans to develop around… Read more »
Investments by real estate funds in residential projects have slowed down as property prices remain stagnant, sales tepid and the same set of projects come up for multiple rounds of refinancing. Four years into the slowdown, the deal pipeline in residential real estate is drying up, said fund managers, at… Read more »
IDFC Alternatives Ltd, the real estate investment arm of IDFC Ltd, has invested Rs105 crore in Sunworld Developers Pvt. Ltd’s residential project in Noida, on the outskirts of Delhi, in a structured debt transaction. The investment has been made from the new IDFC SCORE Fund, a Rs760 crore structured credit… Read more »
The investment includes land cost, project development and execution costs
Blackstone has invested $2.7 billion while GIC put $2 billion in Indian realty.
The DLF Cyber City stake sale will help reduce DLF’s debt
Both will provide long-term equity capital to top residential developers.
It plans to raise up to Rs1,500 crore from mainly domestic investors.
Arthveda is an associate firm of Dewan Housing Finance.