Taurus, an American Real Estate Developer, Will Construct Mixed-use Developments in India, Commencing in Trivandrum

user Admin
  • 25th Feb 2023
  • 1648
  • 0
Taurus, an American Real Estate Developer, Will Construct Mixed-use Developments in India, Commencing in Trivandrum
Never miss any update
Join our WhatsApp Channel

Taurus to Construct Mixed-use Developments in India

Taurus Investment Holdings, a corporation located in the United States, intends to create retail-centric mixed-use developments across India.

The firm's first mall development, Taurus Downtown, would be situated in Trivandrum, have a development area of 1.3 million square feet, and cost 1 billion.

The firm will concentrate on tier 1 and tier 2 cities in South and West India, with a special emphasis on secondary cities such as Trivandrum, Visakhapatnam, Coimbatore, Bhubaneswar, and Trichy. Taurus and its partner Sage Capital also want to collect 500 crore from domestic investors via an alternative investment fund (AIF) in order to participate in the Indian real estate market.

According to Colliers India, institutional investment in Indian real estate reached a new peak in 2022, accounting for 18% of overall inflows. Global firms like as CPPIB and Nexus Mall, funded by Blackstone, have shown interest in the retail development industry in India.

It is anticipated that India's first retail REIT would be listed in 2023, giving investors with expanded investment choices.


Related Topics / Tags

Admin

Author

Admin

...


Comments

Add Comment

No comments yet.

Add Your Comment

Relevant Blogs

General
Khopoli Real Estate - Growth Drivers of an Emerging Hub

Khopoli is transforming into a real estate destination. Its location, infrastructure, and economic activity create opportunities for buyers and invest

General
Equinox India Secures INR 950 Crore via NCDs to Propel Panvel Realty Projects

Mumbai | Strategic Fundraising for Growth Equinox India Developments (formerly Indiabulls Real Estate) has successfully raised ₹950 crore through n

General
How Industrialization is Shaping Khopoli's Real Estate Market

India's economy is growing and investors are always looking around for a place to put their money. There are such sites attracting interest, for examp