Search Results for:Madhurima Nandy

India: Godrej arm raising $600m for office development, investment funds

Jointly the funds can invest or develop office assets worth over $1 billion in value.

Xander Finance to provide $20.8m debt for Kolkata Trump Tower project

Trump Tower on Kolkata’s EM Bypass is being developed by Unimark Group, RDB Group and Tribeca Developers, with 136 high-end residential units spread across two acres.

India: Blackstone’s takeover bid for Urban Infra Opportunities Fund collapses

A deal would have given Blackstone, India’s top commercial property owner, a huge leg-up in residential properties in the country.

Warburg-backed e-Shang Redwood to kick start India operations this year

ESR aims to invest around $100 million annually and is looking to either buy or form joint ventures for land parcels of 50-150 acres each.

India: Mohandas Pai, Ranjan Pai acquire minority stake in realty startup Maia Estates

Besides Maia Estates, Mohandas Pai and Ranjan Pai have also backed Neev Asset Advisors, which invests in small residential projects.

India: Kotak Realty Fund exits Lodha’s Mumbai township project at 18% IRR

Kotak had invested around Rs540 crore in 2015 from its $400 million offshore fund in the project.

India: Prestige gears up to build mid-income housing platform

Prestige recently signed a Rs2,500 crore residential joint venture agreement with HDFC Capital Advisors Ltd.

ICICI Prudential unit sells commercial office assets to HNIs, family offices

ICICI Prudential AMC is currently raising its first commercial office realty AIF to make fresh investments in pre-leased and finished office assets.

India: DLF arm wins bid for Gurugram land at $230m

The project will eventually be transferred to DLF’s rental arm DLF Cyber City Developers Ltd and its joint venture partner GIC Pte Ltd.

India: Apollo Global sells Noida projects to Logix Group

The deal marks Apollo Global’s first exit from a real estate project since it started investing in the sector on its own in 2016.