Prateek Group secures Rs 200 crore investment from Piramal Fund Management for its luxury project, Prateek Edifice, marking a significant investment trend in the real estate sector.
Xander Group plans to invest ₹300 Cr in Nitesh Estates' Bangalore retail project on 8 acres in Koramangala. Xander has invested over $2 Bn in India.
Xander is poised to acquire 100% stake in an IT SEZ from Shriram Group for ₹690 Cr, having signed an initial agreement. The 2.5-million sq ft tech-park mostly leased.
Foreign investors shift focus to India's commercial sector due to declining home prices, with firms like Blackstone, Xander, and Morgan Stanley leading the charge.