By Realty Quarter Bureau US private equity (PE) behemoth Blackstone Group Lp said it has raised $9.4 billion for two Asia-focused private equity funds, signaling the increasing focus of the global private equity industry on Asia. Blackstone closed its first Asia private equity fund at about $2.3 billion, while it separately raised $7.1 billion for […]
Blackstone Raises $9.4 Bn for Asia Realty and PE Fundsmore
By Realty Quarter Bureau Financial Services firm Inditrade Capital plans to foray into housing finance segment with focus on promoting affordable housing. “We have applied for licence. The applications (are filed) with the regulator National Housing Bank and we are awaiting approval,” Inditrade Group of Companies Chairman Sudip Bandyopadhyay said. Housing finance business will be operated through a separate subsidiary and aims […]
Inditrade plans to foray into housing finance segmentmore
By Realty Quarter Bureau Indiabulls Private Equity would buy one million square ft in a Hyderabad IT park property for onward leasing to technology companies, marking one of the biggest pure-play investment purchases in commercial real-estate in the country. The multi-phase deal at Phoenix Trivium values the property owned by Hyderabad realtor Phoenix Group at Rs […]
Indiabulls PE to buy one million sq ft in Hyderabad for Rs 450croremore
By Realty Quarter Bureau Dubai-based Relam Investment LLC has announced its entry into the Indian market, with an initial commitment to invest USD 300 million in the real estate and technology sectors, over the next five years Dubai-based Relam Investment LLC will make India its hub for investments in south-east Asian markets, its chairman and […]
Dubai’s Relam Investment to invest USD 300 million in Indiamore
By Realty Quarter Bureau In order to make REITs and InvITs more attractive, markets regulator Sebi said that they will have to provide a mechanism for resolution of disputes with their shareholders and partners in the holding company. Sebi has also amended REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trusts) regulations in order to facilitate the growth of such […]
SEBI amends norms for REITS & Infra Investment Trustmore
By Realty Quarter Bureau ATS Group, a National Capital Region (NCR)-based developer, plans to invest close to Rs 1,500- 2,000 crore for construction mid- income and affordable homes under a new entity ‘HomeKraft’. The fund will be raised from a mix of internal accruals, debt and private equity funds. “We are in advance talks with […]
ATS Group invest Rs. 2,000crore for affordable housingmore
By Realty Quarter Bureau French Euro 2.5 billion cement giant Vicat group will invest Rs 1,735crore (223 million euros) in the Indian cement sector involving both brownfield expansions and Greenfield projects. The Vicat group chairman Guy Sidos, who was part of the team of French industrialists accompanied France President Emmanuel Macron to India, has signed two memoranda of understanding to this […]
Vicat French Cement giant agrees to invest Rs. 1,735crore in Indiamore
By Realty Quarter Bureau Sterling Infra projects owns around 59acre of land at outer ring road Sarjapur Bangalore. Prestige in planning to own around 6milion sq ft of commercial complex. Developer Prestige Estates Project has entered into an agreement or probably will to acquire 80% of the stake in Sterling Urban Infraprojects which holds land […]
Prestige Estates wants to buy 80% in Sterling Urban Infraprojects worth Rs. 336croremore
By Realty Quarter Bureau Hospitality major Indian Hotels Company has announced its entry into Bhopal with the signing of a new 150-key hotel, Vivanta Bhopal, through a management contract with Genex Hotels. The company said the contract is in line with its strategic expansion plans for aggressive growth. This will be its first hotel in the MP capital. “Consolidating […]
Hospitality major India Hotels Company enter Bhopal for its new venturesmore
By Realty Quarter Bureau Affordable housing is the need of the hour and looking at the present scenario Piramal Finance has targeted $2billion worth of deals that would finance the developers for constructing affordable projects. Piramal Finance, a subsidiary of Piramal Enterprises, has set up a separate vertical to invest in affordable and mid-income residential projects in major metros […]
Piramal Finance wants to invest $2billion in affordable & mid income projectsmore