Search Results for:Madhurima Nandy

India: CDPQ arm Ivanhoé Cambridge partners Piramal, commits $250m

Both will provide long-term equity capital to top residential developers.

India: Indiabulls to launch fund to invest in office spaces

It plans to raise up to Rs1,500 crore from mainly domestic investors.

India: Qatar Holdings commits $250m to Arthveda’s affordable housing fund

Arthveda is an associate firm of Dewan Housing Finance.

India: Reliance AIF to raise $147m office fund

Reliance AIF Asset Management Co. Ltd is raising a Rs1,000 crore rental yield fund, its first initiative to buy and own office projects. Besides Reliance AIF’s fund, two more such office investment funds are expected to launched this year. Reliance AIF, a unit of Reliance Nippon Life Asset Management Ltd,… Read more »

India: Piramal Finance eyes home loans, corporate lending

Piramal Finance Pvt. Ltd, which houses the entire financial services business of the Piramal Group, will start lending to smaller corporate groups, form a joint venture platform for slum redevelopment investments, lend to new sectors and begin housing finance operations in four months’ time, said a company executive. The Mumbai-based… Read more »

India: Piramal Finance invests $62.2m in Prateek Group project

Piramal Finance Pvt. Ltd has lent Rs425 crore to Noida-based Prateek Group to repay existing loans and complete construction of a township project in the National Capital Region (NCR), top officials of both companies said. Prateek will use the money to pay off existing loans to Xander Finance Pvt. Ltd… Read more »

India: Piramal consolidates its financial services business under one unit

Only some of the real estate funds which deployed equity capital under Indiareit Fund Advisors Pvt. Ltd will remain with PEL.

India: Piramal Enterprises to set up housing finance firm

Piramal Finance has a long presence in wholesale finance, catering to financing needs across real estate and as non-real estate (operating infrastructure and other sectors) sectors with a current overall loan book Rs19,170 crore.

India: Vatika Hotels raises $73m debt from Axis Bank

Vatika Hotels Pvt. Ltd, owned by real estate and hospitality firm Vatika Group, has raised Rs495 crore in debt from Axis Bank Ltd, which it will use to expand its hotels and quick-service restaurant chain besides its business centres, a top company executive said. The Gurgaon-based company will also invest… Read more »

India: Shopping malls catch fancy of global realty investors

Investors across the globe shopped for some of the best malls across Indian cities this year, signalling an increasing interest in retail real estate as they bet on long-term gains from the country’s booming consumer economy. Marquee investment and pension funds such as Blackstone Group Lp, GIC , APG Asset… Read more »