Akshaya Homes
Kotak Realty Funds,the real estate private equity fund of Kotak Mahindra Group, has entered into a joint venture with Chennai-based Akshaya Homes. The joint venture has been formed for construction of residential units on a 20-acre plot off Chennais Old Mahabalipuram road. It is a revenue-share venture, where Kotak will hold 20% stake while Akshaya [...] Continue Reading »
Property developer Akshaya Homes and Kotak Realty Fund have reportedly signed an agreement to develop Kotak’s 20-acre plot on Old Mahabalipuram Road (OMR), Chennai. As per the deal, Akshaya will take possession of 80 per cent of the developed land on completion of the project and Kotak will possess the rest 20 per cent. The [...] Continue Reading »
