Latest Answer: Recently, Mahindra Lifespace Developers Ltd and SCM Real Estate Pvt. Ltd. of Singapore, the investment arm of Standard Chartered Bank, have made a joint venture agreement with a combined investment commitment of Rs.1000 crore to buy land and develop residential projects.
last month, Mahindra Lifespace announced its entry in Bengaluru with a residential project, which is also part of the investment partnership.
Latest Answer: Now, they are being very cautious in deployment because the real estate market is in a continuous change. Developers typically raise capital to either refinance existing obligations or for growth. Currently, most of the deals in the market are for refinancing because of slower sales pace.
Latest Answer: Last month, JLL Segregated Funds Group had partly way out from its 1st investment made through this first fund clocking a 30% Internal Rate of Return (IRR) in less than a year's time. The fund had invested Rs 24 crore in a premium residential project of Bengaluru-based Assetz Property Group in February 2014.