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Aditya Birla's realty arm onboards IFC for residential projects

New Delhi, June 9 -- Birla Estates Pvt Ltd, the real estate subsidiary of the Aditya Birla Group, has secured a $50-million (about Rs 420-crore) investment from the International Finance Corporation (... Read More


Hines, Mitsubishi, Sumitomo form JV with Indian developer for office asset

New Delhi, May 30 -- US-based real estate asset manager Hines, an active investor in India's commercial and luxury residential real estate sector, has formed a joint venture with Japanese conglomerate... Read More


Peak XV-backed co-working firm Awfis elevates insider as CEO

New Delhi, May 26 -- Mumbai-listed co-working space provider Awfis Space Solutions Ltd, founded by chairman and managing director Amit Ramani, has promoted Sumit Lakhani to the position of chief execu... Read More


ASK Property Fund raises half the target corpus for first close of luxury housing fund

New Delhi, May 22 -- ASK Property Fund, the real estate investment arm of private equity firm Blackstone-backed ASK Group, said Thursday it has marked the first close of a new vehicle that invests in ... Read More


Axis AMC raises $86 mn for second private credit fund, undershoots target

New Delhi, May 22 -- Mumbai-based asset manager Axis Asset Management Company (Axis AMC) has wrapped up fundraising for its latest private credit vehicle with commitments from limited partners totalin... Read More


Kotak AMC marks first close of maiden performing credit fund

New Delhi, May 15 -- Kotak Mahindra Asset Management Company announced the first close of its maiden performing credit fund at Rs 1,200 crore ($140 million), according to a statement issued on Thursda... Read More


Fractional ownership platform Strata surrenders SM REIT license amid legal dispute

New Delhi, May 14 -- Strata, a fractional real estate ownership firm backed by Kotak Alternates and Elevation Capital, has surrendered its Small and Medium Real Estate Investment Trust (SM REIT) licen... Read More


Prabhudas Lilladher rolls out maiden private credit fund, sets sight on first close

New Delhi, May 13 -- Mumbai-based financial services firm Prabhudas Lilladher's asset management arm, PL Capital, has unveiled its maiden alternative investment fund, a performing private credit vehic... Read More


Property Share files draft papers for second SM REITlisting

New Delhi, May 8 -- Fractional ownership platform Property Share Investment Trust, led by former Blackstone executive Kunal Moktan and Hashim Khan, has filed the draft papers with the regulator to lis... Read More


Avendus hits halfway mark in first close for thirdprivate credit fund

New Delhi, May 8 -- Avendus PE Investment Advisors, the asset management arm of Avendus Group, said Thursday it has marked the first close of its third private credit fund after raising half of its ba... Read More