Century Real Estate, a Bangalore-based firm, plans to raise ₹400 Cr to refinance existing debts. They are in talks with NBFCs and private equity funds, and part is raised through NCDs.
LIC Housing Finance has successfully closed Rs 250 crore for its first real estate private equity fund, targeting Rs 500 crore total investment.
Indian real estate sees 3-year high in Q1 PE deals despite lower investment values
Amidst a real estate slowdown, K Raheja Universal and Lupin's land deal in Boisar, Thane has collapsed due to market insecurity. Lupin denies real estate interest, focusing on its pharmaceutical business.