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Billionaire Sajjan Jindal-led JSW Group has selected some local and foreign investment bankers to float the initial public offering of its subsidiary JSW Cement, a ......
Real estate private equity firm HDFC Capital Advisors is backing the project with a financing of Rs 200 crore. This is the second investment the developer has secured from HDFC Capital under a Rs 500-crore residential housing platform that was by both the entities in 2019. Last year, HDFC Capital secured a complete exit from its first investment of Rs 135 crore made through this platform.
The 2.5-acre project is located in Parel and the company will develop more than 400 residences. It is expecting ₹1,800 crore in sales realisation
"We have entered into a joint development agreement with Tejukaya Group to develop a 2.5-acre residential project in Parel, South Mumbai. We will develop over 400 units in this project," Tribeca Developers founder Kalpesh Mehta told PTI.
Budget 2024 Expectations: One of the experts said the real estate sector seeks strategic fiscal measures stimulating demand for homebuyers and developers, addressing liquidity concerns, and simplifying regulations.