Red Fort Capital Eyes Rs 40 Billion Worth of Projects in Indian Metropolises
Red Fort Capital, a Cayman Islands-headquartered private equity fund specializing in real estate development, is nearing the final stages of negotiations with six prominent Indian developers. These discussions revolve around projects collectively valued at approximately Rs 40 billion, set to transform metropolitan landscapes across India.
Upcoming Project Highlights
- Godrej Genesis, Kolkata: In collaboration with Godrej Properties, Red Fort Capital is poised to develop a cutting-edge information technology park. Notably, Red Fort Capital will retain a 49% stake in this ambitious venture, anticipated to yield sales exceeding Rs 7.50 billion.
- Additional Projects in Pipeline:
- National Capital Region (NCR)
- Mumbai
- Bangalore
Insights from Red Fort Capital
“We are in the process of closing a number of transactions in the National Capital Region, Mumbai, and Bangalore. We are currently engaged in discussions with six different developers in these cities,”
— Kuldip Chawlla, Director, Red Fort Capital