Life insurance giants like LIC, HDFC Life, ICICI Life, and SBI Life are set to boost infrastructure investment via InvITs and REITs, following IRDAI's approval.
Asian Development Bank plans Asia Pacific Infrastructure Fund to finance regional projects, focusing on debt in infrastructure projects and attracting regional and international investment.
Embassy Property Developments plans to raise Rs 800 crore in debt for an IT park in Bangalore, starting discussions with banks and considering selling space to Blackstone.
Sahara Prime City plans to raise Rs 2,000 crore within 18 months for the development of 217 integrated townships across India, focusing on debt and private equity funding.
Vaishnavi Infrastructures secures $25 million from Actis for its Bangalore project, comprising 925,000 sq ft of residential and retail space. This marks Actis India Real Estate Fund's first investment.