Milestone Capital
Private equity player Milestone Capital is hoping to raise Rs. 500 crore in its 10th fund. They launched this fund keeping in mind that they will invest the money which will be raised through them in the mid-segment residential real estate. Tata Investment Corporation is the anchor investor in this fund which is named as [...] Continue Reading »
Private equity (PE) firm Milestone Capital Advisors Ltd is all set to buy apartments in bulk in Assotech Realty Pvt. Ltd’s project in Gurgaon. The funding for this purchase will be done with an element of structured debt. This investment is one of the last couple of deals that remains to be done from Milestone Domestic [...] Continue Reading »
Private equity giant Blackstone is acquiring a 1-million sq ft office space at Vikhroli, Mumbai from real estate fund house Milestone Capital at a cost of Rs 1050 crore. The property, 247 park, is owned jointly by Milestone Capital and HCC Real Estate in a 74%-26% arrangement. It’s valued at Rs 1000 crore and requires [...] Continue Reading »
PE firm Milestone Capital has sold a 2.5 lakh sq ft commercial property in Pune for about Rs 145 crore to a high-net-worth individual (HNI). This deal marks a potential renewal of interest among such investors in assets that provides constant rental return in addition to capital appreciation. The office building in Kalyani Nagar was [...] Continue Reading »
Seeing hope regarding the revival of economy after Lok Sabha elections, both foreign and domestic private equity players are now returning back to invest in Indian real estate sector, but with caution. As per the industry experts, they plan to focus on top six-seven cities. During the last year as many as 393 PE deals [...] Continue Reading »
IL&FS Milestone Fund, a major real estate private equity firm is all set to invest around Rs 100-150 crore by next month. As of now, the investment proposals are being evaluated and term sheets are being worked out. An official has confirmed that the said amount will be invested around April. The investment is meant to [...] Continue Reading »
