Sun-Apollo
The real estate arm of the Rs 60,000 crore Shriram Group, Shriram Properties, is planning to raise around Rs 1,000-1,500 crore equity. The company is in discussions with four PE funds, and the money is likely to be raised by end of next month. M Murali, managing director, Shriram Properties informs that the land bank [...] Continue Reading »
As per the sources the Xander group is to invest nearly Rs 375 crore in a township project of Mumbai-based realty company Keystone Realtors Pvt. Ltd. Kapstone Constructions Pvt. Ltd is a wing of Keystone Realtors is currently developing the Rustomjee Urbania project which is 127 acre in Thane near Mumbai. The project is under [...] Continue Reading »
According to sources, private equity firm, Sun Apollo is to invest up to $50 million on projects developed by Indian real estate company Sobha Developers. Sobha Developers is based in South Bangalore, has built more than 51 million square feet of homes and offices since 1995. Sun Apollo is to invest on project basis and [...] Continue Reading »
Godrej Properties Ltd has announced that it will invest Rs 500-600 crore in its upcoming residential project in Gurgaon. The project, Godrej Summit, will host 1,200 flats and is expected to be completed in 2017. The flats will start from a price of Rs 75 lakh and will spread over 0.2 million sq feet space. [...] Continue Reading »
Private equity firm IIFL Realty Fund has planned to invest in redevelopment project in Mumbai. The equity firm has made an agreement to invest Rs 80 crore in a housing society-cum-slum-redevelopment project in Sion Koliwada area. Around 1.2 million sq ft of saleable area will be developed in the project. In another PE investment Sun [...] 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 »
With the investment of Rs 500 crore the real estate company Assotech and private equity firm Sun-Apollo recently announced the development of a housing project at ,Dwarka Expressway Gurgaon. The Assotech experts say that they are entering into Gurgaon real estate by launching a 12-acre housing project in partnership with Sun-Apollo. The project is named ‘Assotech [...] Continue Reading »
