Parsvnath Developers plans to list 2.5M sqft of shopping malls as REIT, awaiting SEBI & Govt. guidelines, to raise capital and reduce debt.
Indian real estate developers prepare to issue asset-backed bonds utilizing rental income from offices and shopping malls.
DLF to raise ₹2000 Cr by selling 81 million shares through institutional placement program to reduce debt and meet SEBI's public shareholding guidelines.
Sanofi India acquires 150,000 sq. ft. of office space in Powai, Mumbai, planning to shift their headquarters from Andheri to this new location worth Rs.220 Cr.
Embassy Group in talks with JP Morgan for Rs.500 Cr real estate fund for two Bangalore projects.
Gammon India, grappling with financial losses and a substantial debt of Rs. 3200 Crore, is monetizing real estate assets due to high financing costs. The company looks to reduce debt.
JP Morgan has financed $30 million for Parsvnath Developer’s La Tropicana residential project in New Delhi, allowing Red Fort Capital to exit with a 30% return.
Lodha Group secured a ₹250 crore investment from HDFC for a project in Hyderabad, marking the fourth investment from PE funds totaling over ₹2,400 crore.
A recent AFIRE survey reveals India ranks highly among foreign real estate investors, with JP Morgan planning a substantial investment in the sector.