Madhurima Nandy
Stories by Madhurima Nandy
PE investments in India’s real estate decline 42% in first half of 2016
Large builders have stayed away from starting new housing projects, resulting in a lot of capital chasing a few good quality projects and pushing fund
India: IIFL looks to raise $110.5m realty debt fund
The IIFL fund will lend Rs80-100 crore each to selected builders in key property markets developing homes costing Rs35 lakh to Rs1 crore
GIC, Blackstone among investors interested in DLF’s rental arm stake
The sale of 40% stake in DLF’s commercial property arm by the promoters to institutional investors aims to raise about Rs.12,000 crore
Indiabulls to raise up to $150m from NRI investors for real estate fund
India Opportunities Fund, a real estate-focused, alternative investment fund (AIF), allows NRI investors, along with persons of Indian origin (PIOs) a
India: PE funds exit residential realty projects through refinancing route
Despite a three-year-long slowdown in the residential real estate sector, unlike during the 2008 financial crisis, there is a lot of liquidity in the
Canada’s Brookfield to scale up real estate investments in India
Brookfield will invest in residential projects in top Indian cities from its new $9 billion global real estate fund. These will be transactions in the
India: Piramal Fund Management invests $62.8m in Lodha’s Mumbai project
The investment is towards construction of premium residences being developed by Lodha Developers in a project with more than 5 lakh sq.ft of saleable
India: Distressed office projects emerge as good buyout options
Despite the gloom-and-doom situation in India’s residential sector in recent years, the office space has fared relatively better. A number of large
Indiabulls to raise up to $150m for its second real estate fund
Unlike the first fund, which offered debt to developers, Indiabulls High Yield Fund is a structured debt fund that incorporates an equity kicker as we
India: Blackstone set to buy retail space from L&T Realty for $217m
Blackstone Group is set to buy a million sq.ft of retail space in L&T Realty Ltd’s Seawoods project in Navi Mumbai and has has in-principle, agreed
