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Meenakshi Group, a diversified player based in Hyderabad, has announced the creation of a $10-million fund, ‘Meenakshi Multiples’, to invest in promising start-ups. Meenakshi Multiples announced its first investment by picking up a six per cent equity in Hyderabad-based co-working venture ‘iKeva’ for an undisclosed sum. https://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/article26066403.ece

Global furniture major IKEA Group has entered into a strategic alliance with realty developer Rustomjee Group to provide furnished apartments in the latter’s residential project.  IKEA India will provide ready-to-assemble furniture for around 1,200 apartments in Rustomjee’s project Global City Virar near Mumbai. The project will offer 1 and 2 bedroom apartments at prices starting from […]

Arvind SmartSpaces, the realty arm of fashion and apparel brand Arvind said it plans to invest ₹ 250 crore this year for acquiring and developing new projects across the country. The company is also exploring and evaluating other markets such as Hyderabad for potential opportunities. In Pune, the company is developing a residential project ‘Arvind Elan’ spread […]

Residential real estate has gone through a choppy ride this year, initially hinting at a recovery only to be sucked into a liquidity crisis later. The year also marked a significant rise in consolidation across geographies and demand for affordable housing that saved the day for realty developers. Armed with the Insolvency & Bankruptcy Code, […]

Coworking enterprise workspace Incubex NestaVera is investing close to Rs 100 crore to strengthen its network in Bangalore and expand in cities such as Hyderabad, Pune and Mumbai. It has raised the funding commitments through internal sources and intends to launch new services soon. The company was founded in 2014 and manages 10 office spaces […]

Real Estate fund SUN Group plans to invest across real estate asset classes including industrial and commercial space in the country apart from residential segments. India remains an exciting market for investors. So far, we had made project level investments and are looking at long term platform deal in the country. SUN Group is a […]

Motilal Oswal Real Estate (MORE), the real estate private equity arm of Motilal Oswal Group, has invested more than Rs 300 crore across three transactions with realty developers in Mumbai, Pune and Chennai through two of its funds. These investments have been made in affordable and mid-income residential projects of S D Corp, a joint […]