Vrindavan Tech Village
The real estate arm of HDFC Group, HDFC Property Fund is to invest Rs 700 crore in four residential realty projects coming up in Pune, Bangalore, and NCR. HDFC Property Fund has announced that the investment will be made from its second offshore fund worth $250 million (Rs 1,500 crore) and will be used for [...] Continue Reading »
Post the budget session, one can witness a lot of action in the real estate sector. HDFC Property Fund ‘s (the real estate investment arm of the HDFC Group) decision to invest Rs 700 crore in four residential projects coming up in NCR, Pune and Bangalore is also in sync with that action. A total [...] Continue Reading »
The Modinomics has spread a positive vibe post the budget session and the ripples are to be seen everywhere. Embassy Office Parks, a joint venture between private equity firm Blackstone Group and office space developer Embassy Group, is in advanced talks to acquire three large IT parks spread over two million square feet each in [...] Continue Reading »
Two substantial real estate deals have recently been struck by Bangalore-based firms Embassy Group and Sobha Developers. The deals – for which the two companies have shelled out more than ₹1,500 crore altogether – will give Embassy Group a major stake in a business park, and Sobha Developers a substantial stake in a residential project. [...] Continue Reading »
Bangalore- Private equity giant Blackstone Group has been planning to buy one of the largest Bangalore-based IT park developments, Vrindavan Tech Village for approximately Rs 800 to 900 crore, revealed sources. The PE firm which has already been in competition with other global investors Xander Group and Mapletree for buying Unitech Infospace at Dundahera, near [...] Continue Reading »
