Latest Answer: Hi folks,
As slow property market over the past 3 yrs. has offered private equity and institutional investors an opportunity to buy assets at attractive valuations in markets including Bengaluru, Mumbai and Delhi/NCR. Private equity players are invested heavily in Indian Real Estate. This could be the golden period for PE investments to invest further as the opportunities are being offered are huge.
Q:One of the most active investors in the property sector for the past 2 yrs. in Mumbai is looking to expand its assets under management by over a 5th to Rs 22000 crore by the end of March.
Latest Answer: Right Balmiki,
And the Apartment Fund seeks to buy residential units from developers at a discount to popular market price, by offering to purchase in bulk. The Rs 500 crore Redevelopment Fund, launched in mid-2012, has fully been deployed, while 60% of the Rs 570 crore apartment fund, which was launched in 2014, has been invested.
Latest Answer: Good morning friends!!!!!
And if i am not wrong, it will take at least 40-45 months to find buyers for unsold inventories in Mumbai. The unsold inventory is between 8-12 months in an efficient market.
Q:Is it true that the Mumbai-based real estate firm has raised Rs. 200 core from Piramal Fund Management Pvt. Ltd. for its 500 acres township at Panvel in Navi Mumbai?
Latest Answer: Hi,
Township developments, which are long time development and capital-intensive projects, have had a mixed run in the country so far, with some handing over the project on time while others delayed and cash-starved.
Wadhwa Group, which builds high-end apartments and office buildings. It is an attempt to replace high-cost debt with cheaper capital. They are also buying some additional land for the Panvel project.
Latest Answer: Of these, 2 investments were made in self-development projects being implemented under the brand "Address Makers" in Whitefield and Electronic City, Bengaluru. The 3rd partial exit was made through interest payments received from an investment with the Marvel Group in Pune.
Q:Do you know that Piramal Fund Management has invested R125 Cr in a slum redevelopment project, BKC One, carried out in Bandra-Kurla Complex by Kolkata-based Forum Group and Mumbai's Omkar Realtors and Developers Pvt. Ltd.
Latest Answer: Piramal Fund Management's main planning to raise a second store on the same lines anyway it would also get society redevelopments under its crease in the new support.