Private equity fund SUN-Apollo Ventures has invested Rs 300 crore for 35-40% equity in an SPV of Noida-based realty firm Amrapali group.
SUN-Apollo is a joint venture between Delhi-based Khemka family’s SUN group and US-based private equity fund Apollo Real Estate Advisors. Apollo’s development and investment portfolio is spread across US, UK, Russia and other European [...]
By Rajani
|
Posted in Real Estate News
|
Also tagged Apollo Real Estate, Apollo Ventures, Emerging Markets, Globe Fund, Housing Project, Investment Portfolio, Jaipur, Private Equity Fund, Realty Firm, Slowdown, Sun Group
|
It’s now quite evident that real estate companies are in for some difficult times. CRISIL not only foresees a delay in many planned and ongoing projects, it believes several players are over-leveraged and that the combination of sluggish demand and rising costs will lead to a shakeout. In particular, residential complexes, funded largely by customer [...]
By manish
|
Posted in Real Estate News
|
Also tagged Bookings, China, Chinese Rules, Developers., Land Banks, Mortgage Payments, Realty, Realty Firm, Residential Complexes, Residential Property, Scrutiny
|
UK-based Eredene Capital has picked up a 50% stake in Apeejay Infra-Logistics (AILPL), the infrastructure arm of Kolkata-based Apeejay Surrendra Group.
The group is setting up a state-of-the-art logistics park in Haldia in West Bengal’s West Midnapore district. Eredene Capital has invested Sterling Pound 5.25 million or Rs 42 crore to pick up the 50% AILPL [...]
Real estate firm Orbit Corp Ltd expects to add new projects worth 8-10 billion rupees in 2008/09, as it sees strong demand for redevelopment projects in South Mumbai, its main area of operation.
PBEL PROPERTY Development (India) Pvt Ltd, a joint venture of Israel based Property and Building Corporation (PBC), Electra Real Estate (ERE) and INCOR infrastructure, has invested twenty crore rupees in Mysore to build a residential township.
Announcing this progress, PBEL, executive director Anand Reddy said, “The Company has invested twenty crore rupees on a ten acre [...]
By manish
|
Posted in Real Estate News
|
Also tagged Apartment Buildings, Chennai, Cities, Coimbatore, Continents North America, Elco Holdings, ERE, Global Assets, Hyderabad, IDB, india, Investments, North America Europe, Pbc, Real Estate Sector, Residential Land, tamilnadu, township propject, Vizag
|
MUMBAI - Real estate firm Mahindra Lifespace Developers Ltd may consider private equity funding for some of its projects, but has no immediate plans to dilute its stake, a top official said.
By manish
|
Posted in Real Estate News
|
Also tagged Arch Capital, Chennai, Land Acquisition, Lifespace, Maharashtra, Mahindra Lifespace, Mumbai Market, Nagpur, Private Equity Fund, Pune, Residential Project, special economic zone, Townships
|
MUMBAI, April 4 - Fund manager Saffron Asset Advisors is raising a maximum of five hundred million dollar through an India- focused real estate fund, and has agreed for Standard Life as anchor investor, a top official said on Friday.
Saffron’s Managing Director A. V. Kapoor stated that Standard Life will invest seventy five million dollar [...]
Property Listings