Q:Tata Housing is in advanced-level talks with a few foreign institutional investors to raise Rs 3200 crore for its upcoming premium and luxury residential projects across top 5 cities.
Latest Answer: @Kunal,
And big institutional investors like GIC-Singapore, Canada Pension Plan Investment Board, Dutch pension fund asset manager APG Asset Management and sovereign wealth funds Qatar Investment Authority, among others, have made solid project specific investments over the past 1yr.
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.