Bidya Sapam

India: Sunteck Realty to invest $232m in commercial leasing portfolio

Last month, the company raised $100 million via a QIP and promoter capital infusion.


India: Omkar Realtors raises $19m from KKR unit for residential projects

The three-year facility has been raised through Accord Builders, an Omkar group firm.


India: Kolte-Patil plans to set up $78m real estate platform with global investors

It is also in talks with PE firms to raise another $31m for existing projects


Provenance Land to raise $153.5m from private equity funds

Most of this money will be used to build a 600,000 sq. ft premium office tower at a two-acre plot at Worli in Mumbai.


India: Piramal Realty to acquire land from Nirmal Lifestyle for $23m

Nirmal Lifestyle has been in talks with several large developers to monetize its land holdings and reduce debt.


India: WeWork in talks with Blackstone to lease space at 247 Park in Mumbai suburb

In 2015, Blackstone had acquired the entire 1.1-million sqft building from its previous owners HCC Real Estate Ltd and IL&FS Milestone Realty Advisors Pvt. Ltd for over Rs1,000 crore.


India: Godrej Properties signs JV with Royale Builders for housing project

Between April and July, Godrej Properties finalized land parcels—three in the National Capital Region (NCR) and one in Bengaluru.


Shapoorji Pallonji buys 20-acre land parcel from BPTP in Delhi

This is the second land parcel that BPTP has sold as part of its larger land monetisation strategy.


India: PE deals in hospitality beat slump to more than double to $91.6m

12 PE deals worth around $91.69 million have closed so far this year as against a total of $40.85 million in 17 deals the whole of last year.


South Korea’s Mirae to enter India realty biz with $500m investment

Globally, the Mirae group’s assets under management (AUM) stand at $100.5 billion.