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.
GMR Group intends to sell its Chennai technology park for Rs.150 Cr, with Global Tech Park and a prominent CA vying for the acquisition.
US-based private equity firm Blackstone, along with HDFC and Embassy Realty, plans to purchase a Business Park in Bangalore for $367 million.
Private equity investment in Indian real estate and infrastructure witnessed a decline last year, according to a Grant Thornton report. However, there is optimism for increased investment in 2023.
Texas Pacific Group Capital acquires 15% stake in Shriram Properties for INR 450 crore, valuing the firm at over INR 2,700 crore.
JP Morgan Chase invests Rs 130 crore for 33% stake in Alok Infrastructure's SPV for a Mumbai realty project.
Hyderabad's Totem Infrastructure enters real estate with ₹200cr project, aims for 25% portfolio share
ICICI Venture to raise $3B from 2 funds, including $1.5B for real estate, targeting residential and commercial properties.
Warburg Pincus invests $75M in Unique Affordable Homes for North & Western India projects