Search Results for:Madhurima Nandy

India: Embassy Group’s Jitendra Virwani may buy Hard Rock Café franchisee

The deal will lead to the exit of one of the two founders, as well as private equity investor PremjiInvest.

India: Real estate developer Wadhwa Group to raise $15.5m from Piramal Finance

The fund raised will be used to to pay for a plot in suburban Mumbai that Wadhwa has bought from PepsiCo India.

Global realty investment firm Hines to inject $23m in Tata Housing project

The funds will be used for the development of Tata’s premium wellness-themed project Serein at Thane, Maharashtra.

Century Real Estate seeks to raise $155m for office projects in Bengaluru

The Bengaluru-based developer is one of the largest landholders in south India.

India: Piramal Finance invests $58m in affordable housing firm Mahaveer

A small part of it will be used to give an exit to Motilal Oswal Real Estate Fund, which had invested around Rs22 crore at an early stage of a project.

India: Virtuous Retail gets $175m funding from Dutch pension fund APG

APG and Xander Group had set up Virtuous Retail in November 2016

Piramal Finance sanctions $61.2m construction loan to Advance India Projects

This is the only deal Piramal has closed from its $500 million real estate debt financing platform with Canada Pension.

India: Clearwater-backed Altico Capital gets board nod to raise over $300m debt

Altico Capital plans to invest around Rs 3,000 crore in real estate projects in the next five months.

India: Realty firm Skylark Mansions raises $16.3m debt from Xander Finance

This was done primarily to give an exit to existing investor Motilal Oswal Real Estate in a housing project.

India: Piramal Enterprises to restructure financial services biz under new entity

Currently, Piramal Finance Pvt. Ltd houses the financial services business, which will be moved under Piramal Capital, a subsidiary of Piramal Enterprises.