You Searched for: development fund
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
- 1155 Views
The Indian Institute of Management (IIM) Mumbai, founded last year in Powai, will undergo a comprehensive renovation. An INR 800 crore ($100 million) makeover of the institute's 64-acre campus is planned.
- 11th Sep 2024
- 1191 Views
To promote affordable housing in India, the government has quadrupled the financial allocation to ₹10 lakh crore under the PMAY Urban 2.0 scheme. This extra funding is intended to boost affordable housing, especially for individuals relocating to cities for better jobs.
- 21st Aug 2024
- 1203 Views
SEBI-registered alternative investment fund (AIF) Triveda Capital has raised 80 crore in its first close, aiming to raise 250 crore. Ranjan Pai, chairman of Manipal Education and Medical Group, led the investment, a milestone for the new fund.
- 18th Aug 2024
- 1229 Views
Golden Growth vehicle (GGF), a category-II alternative investment vehicle, aims to collect 400 crore for land purchase in South Delhi to create luxury apartments. After its first financing round, the fund bought property in South Delhi's posh Anand Niketan residential complex.
- 18th Aug 2024
- 1208 Views
The Mumbai Metropolitan Region Development Authority (MMRDA) plans to lease out seven plots in the Bandra-Kurla Complex (BKC) to earn 5,497 crore. This program finances Mumbai Metropolitan Region infrastructure projects.
- 4th Aug 2024
- 1211 Views
Hyderabad-based Lansum Properties acquired a 3.6-acre Bengaluru land tract for over ₹200 crore. Sources say this outstanding Kokapet area would be developed into premium housing. Lansum Properties secured ₹250 crore from IndusInd Bank to fund this ambitious luxury project.
- 4th Aug 2024
- 1281 Views
ASK Property Fund, the real estate private equity division of the Blackstone-backed ASK Asset & Wealth Management Group, has committed ₹190 crore to Kalpataru’s upper mid-income housing project in Borivali, a prominent Mumbai suburb.
- 23rd Jul 2024
- 1198 Views
A strategic bond sale by MMRDA to fund INR 50,000 crore will accelerate Mumbai's infrastructure development. MMRDA hopes to overcome its financial issues and forward critical projects that would boost connectivity and growth with state government support and a strong financial plan.
- 7th Jul 2024
- 1244 Views
Smartworks, a flexible workspace provider in Gurugram, secured INR 168 crore ($22.24 million) from investors to fund its development goals.
- 28th Jun 2024
- 1229 Views
The Indian Finance Ministry has extended PMAY-G funds till September 2024 to build 3.5 million rural dwellings. This prolongation is part of the government's pursuit of "housing for all" by March 2024.
- 21st Apr 2024
- 1270 Views
In a Rs 18,000 crore ($2.4 billion) initiative with the Abu Dhabi Investment Authority (ADIA) and Kotak Alternate Investment Fund, Prestige Group is developing residential projects in India. Partners will spend Rs 2,001 crore ($270 million) to accelerate early-stage housing developments.
- 3rd Apr 2024
- 1255 Views
At the heart of Trevoc Group's operations lies a deep-rooted philosophy that transcends mere construction. The group is committed to sustainable development, intertwining energy efficiency, innovative technologies, and eco-friendly designs into the fabric of its projects.
- 23rd Feb 2024
- 1287 Views
Ghaziabad is on the brink of a cultural and touristic revolution with the Ghaziabad Development Authority (GDA) announcing a significant investment of Rs 25 crore into the development of a Ramayana-themed park.
- 21st Feb 2024
- 1431 Views
Omaxe raised 450 crore from Kotak Mahindra Bank Limited. This strategy helped Omaxe repay a lot of its debt. This money paid off the April 2022 Värde Partners debt with Rs 290 crore.
- 17th Jan 2024
- 1342 Views