The 3C Company invests Rs 3,500 cr in Delhi One, a Noida project featuring a Four Seasons 5-star hotel and branded residences.
IIFL to raise 2 new real estate funds for residential & office space projects
Cushman & Wakefield reported Rs.700 Cr in private equity investments in Delhi-NCR, with a notable decline in interest in Gurgaon despite overall growth in the market.
Actis to exit $25m PERE fund in India, invested in Bangalore's residential & retail project in 2008.
Blackstone is reportedly interested in acquiring Express Tower in Mumbai, with potential investments totaling over ₹850 crore as it diversifies into the commercial sector.
Valmark Group, a Bangalore-based real estate company, is considering raising a private equity real estate (PERE) fund of ₹125 Cr focused on Bangalore's realty market.
Essel Financial Services Ltd's private equity wing is set to launch a Rs.1000 Cr real estate fund focusing on residential projects across top cities in India.
Bangalore and Mumbai dominate private equity real estate investments in India, attracting over 84% of total funding, while Delhi's contributions remain primarily theoretical.
Bangalore tops PERE investments, receiving Rs.32.3 billion, doubling last year's amount, mainly in commercial sector, as per Cushman & Wakefield's report.
India holds the 20th position in global real estate investment, with $3.4 billion received last year, signaling potential growth in 2013.