APG
The Piramal Enterprises Ltd has come together with Dutch pension fund APG Asset management in order to invest $1 billion in Indian infrastructure companies over three years in a move that will help indebted firms’ access funds to complete their projects. A slow economy and stopped bureaucratic decision making since the last two years has [...] Continue Reading »
One of the largest pension asset managers, APG Asset Management, Abu Dhabi Investment Authority and the Government of Singapore Investment Corp are to invest in Indian real estate market . APG, which manages about 300 billion euro in assets, now plans to work directly with real estate developers, as it looks to establish a stronger [...] Continue Reading »
A residential project in Bangalore worth Rs 100 crore was launched by Godrej Properties in a joint venture with actor Fardeen Khan and his sister Laila Khan. Godrej Gold Country, a 12-acre premium residential property, will come up on the outskirts of the city in Chikkabidarakallu village owned by late Bollywood actor Feroze Khan. Pirojsha [...] Continue Reading »
Godrej Properties Ltd (GPL) has formed a residential development platform with Rs 770 crore of equity commitment. The platform mainly aims towards the development of the middle-income residential space in Mumbai, Delhi NCR and Bangalore, apart from looking for opportunities in Chennai and Pune. GPL would contribute 29 per cent in the investment platform while [...] Continue Reading »
