REAL ESTATE

Exclusive: Bangalore developer Krishna Enterprises gets new investor on board

February 23, 2017 | Joseph Rai & Swet Sarika

Bangalore-based real estate developer Krishna Enterprises (Housing & Infrastructures) India Pvt Ltd has raised fresh funds from a new investor, two people familiar with the development told VCCircle.

Piramal forms realty investment platform with CDPQ arm Ivanhoe Cambridge

February 23, 2017 | Swet Sarika

Piramal Enterprises Ltd (PEL) formed a strategic partnership with Ivanhoé Cambridge, a real estate subsidiary of CDPQ (Caisse de dépôt et placement du Québec), to provide long-term equity capital to residential property developers across five main cities in India, the companies said in a statemen

Capri Global backs Mumbai-based Rodium Realty’s project

February 22, 2017 | TEAM VCC

Non-banking financial company Capri Global Capital Ltd has invested Rs 36 crore ($5.3 million) in a project of public-listed developer Rodium Realty Ltd through the structured debt route, the developer said in a statement. 

Exclusive: Campusville dials education-focused investor for Series B round

February 21, 2017 | Debjyoti Roy & Swet Sarika

Campus Students Communities Pvt. Ltd, a Bengaluru-based company that provides student housing under the Campusville brand, is in advanced stages of discussion with an institutional investor to raise its Series B round of funding, two people privy to the development told VCCircle.

DLF extends deadline for stake sale in rental arm again

February 15, 2017 | Joseph Rai

Realty major DLF Ltd said the deadline to sell a 40% stake by its promoters in the group's commercial rental properties to some third-party institutional investors has been extended for the second time by a year.

Exclusive: Xander buys North India-based IT park from PE firm

February 13, 2017 | Joseph Rai & Swet Sarika

The Xander Group Inc has acquired an IT park in North India from a domestic private equity firm as it seeks to step up investments in the country's commercial real estate segment, two people privy to the development told VCCircle.

Law tribunal dismisses Mumbai developer’s plea against Dutch investor FMO

February 10, 2017 | Maulik Vyas

Mumbai developer Hubtown Ltd has suffered a second major legal blow within three months after the National Company Law Tribunal dismissed its petition against Dutch government-backed financial institution FMO, which had invested in its group company Vinca Developer Pvt. Ltd.

Blackstone seals another big-ticket commercial real estate deal in India

February 08, 2017 | Joseph Rai

World’s largest alternative investment firm that has built a strong foothold in the Indian real estate asset class and is now one of the largest owners of commercial realty has struck back-to-back deals to begin the new year on a high.

ASK Group's realty fund exits three housing projects

February 08, 2017 | Debjyoti Roy

ASK Property Investment Advisors, the real estate private equity arm of financial services firm ASK Group, said on Wednesday it has exited three housing projects located in Noida, Bengaluru and Thane.

Exclusive: L&T Finance backs developer Anant Raj's project

February 02, 2017 | Joseph Rai & Swet Sarika

L&T Finance Ltd, which has aggressively enhanced its lending activity in the real estate segment recently, is investing in a North-based public-listed realtor Anant Raj Ltd, two persons privy to the development told VCCircle.

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