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IL&FS Milestone Fund set to invest Rs 150 crore in coming month

IL&FS Milestone Fund set to invest Rs 150 crore in coming month
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 »

IL&FS Milestone Realty in talks to sell its stake in Mumbai project

IL&FS Milestone Realty in talks to sell its stake in Mumbai project
IL&FS Milestone realty Advisors, one of the property funds is in talks with Blackstone, Morgan Stanley and GIC to seel its entire stakes in a commercial project in Mumbai. The project is worth Rs 1,000 crore  revenue and has 1.2 million sq ft of leasable space in three 14-storey towers which is fully occupied. Siemens, Future Group, DHL [...] Continue Reading »



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