Piramal Group has raised Rs 800 crore through Indiareit Fund Advisors for residential project development. The fund aims to reach Rs 1,000 crore by year-end.
LIC Housing Finance has successfully closed Rs 250 crore for its first real estate private equity fund, targeting Rs 500 crore total investment.
Indian developers prioritize feasibility studies and strategic alliances to avoid repeating 2009 real estate downturn. Focus on buyer-oriented projects rather than speculative ventures.
Indiareit Fund Advisors is launching a Rs 500 crore real estate fund aimed at investments in residential projects across Mumbai, New Delhi, and Alibaug.