KKr
Close on the heels of securing an Rs 1,000-crore long-term loan from global private equity major KKR, GMR Infrastructure said that it is looking at international markets for funds at lower interest rates. Managing director Kiran Kumar Grandhi said on Thursday at the company’s annual general meeting that the firm will focus on recalibrating its [...] Continue Reading »
The market for the luxury homes seems to be picking up as Mumbai-based developer Wadhwa Group has launched its luxury homes project in suburban Ghatkopar where apartments cost Rs.1.7-10 crore. They have named this project ‘’ The Address’’ and are busy raising Rs 750 crore for the project. Kohlberg Kravis Roberts and Co. LP (KKR) [...] Continue Reading »
Blackstone Group LP, a leading private equity (PE) investor in India, is planning to increase their exposure in real estate in India. Structured finance deals, according to experts, have been quite common as the cost of equity has increased significantly due to unfavourable Indian macro situation. Another PE investor, Kohlberg Kravis Roberts (KKR), says it [...] Continue Reading »
