IL&FS Investment Managers Ltd (IIML) intends to launch a new fund under Yatra Capital, an India-focused real estate investment firm, pending shareholder approval and market conditions.
IL&FS Investment Managers Ltd (IIML) is planning to launch IL&FS India Realty Fund (IRF) III with a targeted corpus of $500 million in the current FY.
Assotech and Sun-Apollo announce a Rs 500 crore housing project in Gurgaon, located on Dwarka Expressway, with the development of apartments and villas.
Indian real estate sector faces liquidity concerns due to global debt worries, with 2012 expected to be a challenging year with expensive debt, cautious private equity, and a rise in structured debt deals.
Indian companies saw a 58% surge in PE investments in February 2012, reaching $922.7 million across 51 deals, with real estate leading the way.
Bank lending to commercial real estate sees 12.2% growth, driven by unlisted developers taking a larger share, despite claims of credit shrinkage from listed firms.
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.
Real estate sector faces financial and regulatory challenges in the first quarter, impacting both projects and investors.
Fire Capital aims to raise $100 million to invest in housing projects across tier-II and tier-III cities in India, addressing severe residential shortages.
Tata Capital and Mizuho Securities collaborate to establish a $500 million India-focused private equity fund, attracting global investors.
Yatra Capital to invest ₹115 cr in Indian real estate in FY10, focusing on affordable residential projects in tier I and II cities.
IL&FS private equity plans to boost investments in infrastructure and real estate, increasing commitments significantly by FY10's end, highlighting bullish market outlook.
15 real estate firms, including Lodha Developers and Oberoi Constructions, plan to raise $6 billion via IPOs as the housing sector recovers.
Tata Housing engages in initial discussions with Sequoia Capital and Atlanta Equity to secure funding for affordable housing projects, attracting investor interest with low-risk opportunities.
HDFC Property Ventures and Temasek are negotiating a potential Rs 625 crore investment in Prestige Group, which seeks a business valuation of $1 billion.
Franklin Templeton raises $383 million Asian real estate fund to capitalize on distressed assets in Hong Kong, Singapore, and other Asian markets.
Unitech plans to raise $300-500 million through convertible debt to repay Rs 2,700 crore debt, already seeking $200 million from residential projects.
Sahara Prime City plans to raise Rs 2,000 crore within 18 months for the development of 217 integrated townships across India, focusing on debt and private equity funding.
Parsvnath Developers postpones retail expansion due to economic slowdown, but SEZ stake sale to private equity investors nears finalization.
Private equity investors are shifting focus from traditional sectors like real estate and financial services to emerging sectors like education, healthcare, and infrastructure due to their growth potential.
Rising property prices and interest rates have led to reduced affordability in residential properties, prompting developers to introduce various incentives and innovative schemes to boost sales.
Tishman Speyer plans to raise $1 billion for Indian realty projects, while Jina Ventures aims for $200 million.
Axa REIM expands Asia presence, sets up headquarters in Singapore. Global head of Asia appointed to drive regional growth.
Provident Housing seeks to raise ₹750 crore from private equity to fund affordable housing projects across various Indian cities, expanding into a growing market segment.
DLF continues to excel in the Indian real estate market, shifting focus towards mid-income housing and commercial projects while maintaining impressive growth metrics.