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Prestige Estates Plans Debt Reduction and Aggressive Expansion with QIP Funds

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.

By Admin

  • 15th Sep 2024
  • 1177 Views
5 Factors That Make Bajaj Housing Finance IPO a Smart Investment in a Growing Market

Bajaj Housing Finance Limited (BHFL) plans to raise 6,560 crore via an IPO, including new share issuance and a sale. With quick expansion since its founding, a broad loan portfolio, and sound financials, BHFL can capitalise on India's rising housing demand.

By Admin

  • 8th Sep 2024
  • 1170 Views
The Chapter, an Isprava Company, to Invest INR 850 Crore in Developing Luxury Villas Across Key Leisure Destinations in India

The Chapter, a luxury vacation house developer supported by industry leaders including Nadir Godrej, Anand Piramal, and the Burman family of Dabur India, plans to spend around ₹850 crore. This project aims to build luxury villas in India's top leisure spots.

By Admin

  • 30th Aug 2024
  • 1269 Views
Bhive Workspaces Plans INR 800 Crore IPO for FY26, Targets Expansion Beyond Bengaluru

A senior official at Bhive Workspaces, a top provider of managed office spaces, has announced plans for an IPO valued over ₹800 crore in the coming year. Before the IPO, Bhive wants to diversify its portfolio by lowering its 95% reliance on Bengaluru.

By Admin

  • 9th Aug 2024
  • 1226 Views
Brookfield to Acquire Controlling Stake in Leap Green for USD 550 Million, Plans to Expand Renewable Energy Platform

Canadian investment giant Brookfield Asset Management will pay $550 million (INR 4,594 crore) to purchase a majority interest in Tamil Nadu-based renewable energy platform Leap Green Energy. Commercial and industrial (C&I) users use this platform for renewable energy solutions.

By Admin

  • 20th Jul 2024
  • 1254 Views
Gurugram headquartered Smartworks Secures INR 168 Crore Funding for Expansion

Smartworks, a flexible workspace provider in Gurugram, secured INR 168 crore ($22.24 million) from investors to fund its development goals.

By Admin

  • 28th Jun 2024
  • 1229 Views
Central Park of NCR Gears Up for IPO - Realty Biz to Go Public

Central Park, a Bakshi Group company comprising infrastructure, hotel, and automotive businesses, plans to go public in 2-3 years. A top official said the corporation wants to capitalise on its expansion and pipeline.

By Admin

  • 18th Jun 2024
  • 1262 Views
Sobha Group Plans Grand Entry into Mumbai's Luxury Housing Market

Real estate giant Sobha Group will affect Mumbai's luxury home market. The business plans to treble annual sales bookings to ₹30,000 crore in the next 4-5 years via an aggressive growth strategy.

By Admin

  • 21st May 2024
  • 1270 Views
Bangalore-based Prestige Estate to Double Hospitality Holdings with INR 1700 Crore Investment

Bangalore-based Prestige Estate Projects plans to treble its hotel portfolio with a ₹1700 crore investment in the next 3-4 years. Managing 1,849 keys across India, the business aims to create ₹1,800 crore in income, tripling current sales of ₹900 crore.

By Admin

  • 1st May 2024
  • 1318 Views
Bangalore-based Embassy Group Plans IPO for WeWork India Following Full Acquisition

Embassy Group plans to take WeWork India public after acquiring the remaining 27% interest from US-based WeWork for ₹700 crore. Sources say the coworking office platform would be listed on domestic bourses within 18 months.

By Admin

  • 26th Apr 2024
  • 1330 Views
Shriram Properties Eyes Pune for Expansion

Shriram Properties plans to expand in Pune, the second-largest property market in the country due to its rapid growth. Shriram Properties is expanding into Pune as part of its expansion plan.

By Admin

  • 14th Feb 2024
  • 1266 Views
Colliers to Spearhead Development of Modern AI Hub in Ahmedabad for Infibeam Avenues

The Infibeam Avenues-commissioned Artificial Intelligence and Technology Extension Hub in Ahmedabad will be built by Colliers. With plans to open within 18 months, this new building is an expansion of the planned AI centre in GIFT City, Gujarat.

By Admin

  • 14th Feb 2024
  • 1555 Views
Phoenix Mills to Invest 2000 Cr

In the current fiscal year 2023-24, The Phoenix Mills plans to invest over Rs 2,000 crore to support the ongoing portfolio expansion in key locations such as Pune, Bengaluru, Kolkata, and Surat.

By Admin

  • 1st Jun 2023
  • 1475 Views
Club Mahindra Holidays Plans INR 1200 Crore Investment Over The Next Three Years

Club Mahindra Holidays is preparing for a rapid expansion over the next three years. The business plans to spend Rs 1,200 crore over the next three years to create 1,000-1,500 more rooms.

By Admin

  • 6th Apr 2022
  • 1529 Views
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