You Searched for: debt reduction
Anant Raj, a renowned Delhi-NCR real estate developer, aims to raise up to INR 2,000 crore via a QIP. The funds will fund project expansion and new initiatives in high-demand areas.
- 31st Oct 2024
- 1153 Views
Prestige Estates Projects, a prominent real estate developer, disclosed its intention to allocate the ₹5,000 crore it raised through a Qualified Institutional Placement (QIP) earlier this month.
- 15th Sep 2024
- 1177 Views
Adarsh Developers, a leading real estate developer, repaid a ₹750 crore structured financing arrangement from Edelweiss Alternative Asset Advisors in 2022 progressing towards financial stability.
- 3rd Sep 2024
- 1170 Views
Mapletree Investments, a Singapore-based private equity organisation, bought a 41-acre Bengaluru property tract from Adarsh Developers. At over ₹1,900 crore, the acquisition is part of Adarsh Developers' debt reduction strategy. The site has 7 million square feet of development potential.
- 25th May 2024
- 1336 Views
The Wadia Group-owned Bombay Dyeing & Manufacturing Company (BDMC) will sell 22 acres of premium Worli property to a subsidiary of Japan's Sumitomo Realty & Development Company is buying the prime real estate for INR 5200 cr
- 14th Sep 2023
- 1350 Views