Madhurima Nandy
Stories by Madhurima Nandy
India: Asset management companies take NBFC route to fund realty projects
More than half a dozen institutional investors are in the process of procuring a licence to set up NBFC, buying out existing NBFC or reviving existing
India: Piramal Fund to invest $347m in Lodha project in debt financing deal
Some of the money will be used to offer an exit to HDFC Property Fund, which acquired a 10% equity stake and invested Rs.500 crore in the project’s
India: DLF shortlists bidders for mega stake sale deal
DLF Ltd, India’s largest real estate developer, has shortlisted bidders for the ongoing office stake sale transaction and expects to receive binding
India: Cerestra Advisors plans to launch InvIT, offshore education-infra fund
Cerestra was acquired by London-based asset manager The Capital Partnership from Religare Global Asset Management. It is currently raising Cerestra E
India: Centrum-backed PE firm IPAL Fund set to launch $51m real estate vehicle
Private equity firm IPAL Fund Managers, which has a strategic partnership with Centrum Wealth Management, is planning to launch its second Mumbai-focu
India: Private equity, NBFCs offer new funding options for crisis-hit realty firms
Private equity funds and non-banking financial companies are offering various modes of lending and repayment to real estate developers struggling with
Altico Capital inks $30m multi-project financing deal with Bengaluru realty firm
The deal involves funding multiple projects in Legacy Global’s portfolio in central and south Bengaluru, that are in different stages of constructio
India: Tata Realty to invest $1.5b in infra projects, launch an InvIT
IRB Infrastructure Developers Ltd and Sterlite Power Grid are gearing up to list their InvITs. Other infrastructure companies such as IL&FS Transporta
India: Piramal Fund plans to focus on equity investments in real estate
The Ajay Piramal Group’s investment arm Piramal Fund Management Pvt. Ltd (PFM) plans to focus on equity investments in residential projects through
India: Ascendas-Singbridge eyes growth via acquisitions, greenfield projects
Ascendas-Singbridge Group is looking to add Mumbai as a potential development location and tap opportunities in the office sector