Jai Corporation raises over 5,686 crore rupees for its venture capital funds aimed at investing in Indian real estate and developing integrated projects.
The government is set to introduce new norms for VC and PE funds, aiming for transparency and equitable distribution of investments across sectors, including real estate.
LIC Housing Finance plans to launch a Rs 500 crore real estate fund by the end of this fiscal year. They are seeking a banking partner and will approach SEBI for approval.
High net worth investors seek more real estate investment options amid equity market volatility.