The fund will primarily focus on real estate projects in the Mumbai Metropolitan Region (MMR).
Real EstateAifMumbai Metropolitan RegionInvestmentDevelopmentReal Estate MaharashtraNov 14, 2024
Build Nivesh's inaugural AIF is an Alternative Investment Fund that has secured Rs 400 million to invest in real estate projects, primarily in the Mumbai Metropolitan Region (MMR).
The MMR was chosen due to its dynamic growth, strong demand for real estate, robust infrastructure, and thriving economy, making it an ideal location for high-potential investments.
The AIF will fund a variety of real estate projects, including residential, commercial, and mixed-use developments in the MMR.
Build Nivesh has a strong track record of successful ventures, including luxury residential complexes and commercial office spaces, with a focus on sustainable development and innovative design.
The AIF is expected to create jobs, boost economic activity, and contribute to the overall development of the MMR, generating numerous benefits for the local community and investors alike.
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The Ministry of Statistics & Programme Implementation (MoSPI) recently organized a brainstorming session to improve response to surveys from high-income groups and gated societies.
Faruqui's recent purchase is a part of Lodha Aura, a premium residential real estate project undertaken by Macrotech Developers Limited.
Brookfield India Real Estate Trust has successfully raised Rs 3,500 crore by selling units to institutional investors through a Qualified Institutional Placement (QIP) issue. The prominent investors include LIC and IFC.
Real estate consultants are reporting a robust real estate market in recent years, with strong sales and a growing interest in new projects. Worldwide Realty, a leading developer, is set to invest Rs 320 crore in a 22-acre housing project in Haryana.
The Housing Price Index (HPI) in Delhi-NCR witnessed a significant rise of 17 points in December, driven by robust demand for residential properties, according to a joint report by Housing.com and the Indian School of Business (ISB).