PE investment in real estate
Actis which is a PE (Private Equity) firm invests aggressively in emerging markets. It is one of the few funds which has invested a lot in India. However they have made a number of attractive exits in the last 10 years when the profit margins went low. Actis South Asia head JM Trivedi believes that India [...] Continue Reading »
The hospitality industry in India is witnessing increasing number of private equity investments in various projects. In 2010, the industry saw only five private equity deals with a cumulative value of $156 million. By 2011, the deal amount grew to $299 million and during the first five months of 2012, hospitality industry has raised $121 [...] Continue Reading »
Nandi Infrastructure Corridor Enterprise Limited has raised a private equity fund for the Bangalore-Mysore expressway.The total estimated cost of construction of the highway is Rs 4000 crore. The Bangalore-Mysore Expressway project which has been in the making for nearly 16 years, raised $100 million from a private equity fund owned by J P Morgan for [...] Continue Reading »
Assotech real estate has launched a premium housing project in Gurgaon sector 99. Real estate Private Equity firm SUN-Apollo will invest Rs 500 crore in the project. Assotech Blith will be constructed over 12 acres. The project will have 586 apartments on the upcoming 150 NPR (Dwarka expressway) in Gurgaon and is one of the [...] Continue Reading »
Real estate focused private equity fund ASK Property Investment Advisors had invested Rs 50 crore in the residential? development ?project in Noida. The project is expected to be completed in few months. 12 residential tower have been constructed in the project over 14.5 acres of land in Noida. As the project ended with a great [...] Continue Reading »
Real estate in Pune is reported as favored destination amongst Real Estate PE funds since 2005.Most of the funds are based out of Mumbai, which gives Pune obvious preference, as the city’s proximity allows these funds to track and monitor the market. The interest in investing in Pune market is increasing, as it is among [...] Continue Reading »
LIC Housing Finance Ltd has planned to invest in the real estate market in Bangalore. For that purpose they have raised Rs 250 crore by a real estate private equity fund. According to a higher official of the equity firm, the amount is mostly raised from the institutional investors like banks and corporates. The equity [...] Continue Reading »
The real estate in India will not be able to attract more international funds because of its recent market scenario. Hence, the cost of borrowing from overseas would get expensive. The International Funding for ECB, FCCB will also get affected which will ultimately affect Indian GDP. The International Funds would restrict themselves from investing aggressively [...] Continue Reading »
When the private equity (PE) investors are not getting attracted by the Indian real estate, Walton Street Capital is planning other way. The us based PE firm planned to invest at least Rs 100 crore in a Supertech project at Noida. Walton will get a 20 per cent stake in the residential towers of Supertech’s [...] Continue Reading »
It will be mandatory for a real estate mutual fund to invest at least 75 % of the scheme`s net assets in real estate companies and related securities. In that amount a minimum of 35 % was to be invested directly into real estate projects in India. The investment funds also will not be allowed [...] Continue Reading »
