Xander group
An amount of Rs. 400 crores (US$ 66 million) will be invested by Singapore-based realty investment division of The Xander Group in Supertech Ltd’s Township and Group Housing projects in Sector 79, Gurgaon. With the Supertech Township located at a strategic location in one of the fastest growing sectors south of the NH-8, the township [...] Continue Reading »
Realty firm Supertech has raised Rs. 400 crore from the private equity firm (PE) Xander to finance its upcoming township and housing projects in Gurgaon.The company will develop plots, villas and independent homes in the 140-acre township at an investment of about Rs 1,100 crore. The company said in a statement that Supertech has received [...] Continue Reading »
The Sinclair Hotels headquartered in Kolkata which are also being funded partly by the Xander Group have finally decided to come up with a business hotel at New Town, Kolkata. This hotel will have around 114 rooms. Another tourist resort will be developed in Burdwan and a suite and luxury resort at Kalimpong. This one [...] Continue Reading »
The private equity real estate arm of the global investment firm Xander Group has invested Rs 370 crore in Kapstone Constructions. It is the It is the group company of Mumbai-based developer Rustomjee. The money raised will be used for reducing debt burden and for further growth of the Rustomjee group. Boman Irani, Chairman, Rustomjee, [...] Continue Reading »
A new patron has been found by the city’s startup community in none other than institutional investment firm Xander Group. An incubation centre for entrepreneurs is been created at the upcoming mall in Whitefield, Bangalore by Virtuous Retail, a mall developer-cum-operator backed by Xander with a committed equity of $600 million, a first among mall [...] 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 »
Ascendas, a Singapore-listed technology park developer, is likely to buy an IT special economic zone (SEZ) of Shriram Properties in Chennai, for about Rs 500 crore. Shriram’s IT SEZ is part of a larger mixed use development on a 58 acre land (1.3 million sq. ft.), which it had bought from Standard Motors Factory in [...] Continue Reading »
India’s oldest golf club, Kolkata’s Royal Calcutta Golf Club (RCGC), plans to enter real estate sector in order to create a regular source of income to rise its operational revenue and gather funds for the clubhouse and course upgrade. The club authorities will be signing a joint agreement with private equity (PE) player, Xander Group, [...] Continue Reading »
The Xander group has paid Rs 200 crore to buy an IT office building in Chennai. Appaswami real estate sold the property to the investment firm. The commercial building is located at Old Mahabalipuram Road. Being an IT corridor, any property in the location is high in demand as these will be revenue generating assets [...] Continue Reading »
