Two former executives from Citrix Systems and Standard Chartered Bank have joined forces to launch a new real estate private equity fund. This move comes as a part of a growing trend of firms investing in the property market.
Real EstatePrivate EquityInvestmentProperty MarketExecutivesReal Estate NewsOct 09, 2024
The new real estate fund is founded by Vishal Khare, former executive of Citrix Systems, and Shivam Sinha, former executive of Standard Chartered Bank.
The fund will focus on a diversified portfolio, including residential, commercial, and mixed-use properties, to mitigate risks and maximize returns.
The real estate market is seeing a surge in investment vehicles, with several firms launching new funds to capitalize on the potential for steady returns and innovation.
Vishal Khare has extensive experience in cloud computing and strategic investments from his time at Citrix Systems, while Shivam Sinha has a deep understanding of financial markets and risk management from his tenure at Standard Chartered Bank.
The real estate market is expected to grow, driven by urbanization, economic development, and technological advancements, providing robust investment opportunities.
The projected market for senior living facilities is expected to grow from 1.57 million households in 2024 to 2.27 million by 2030, according to the latest report.
The Nifty started the week weakly, hitting a 5-month low in early trade. Software stocks took a significant hit, with TCS closing below the 200-DMA. Earnings-led sell-offs were seen in Honasa, while IGL and MGL lost ground due to the government's cut in l
Purshottam Chavan, the husband of a Maharashtra-cadre IPS officer, has been arrested by the Enforcement Directorate (ED) in a ₹263 crore TDS fraud case. He now faces an investigation by the Economic Offences Wing (EOW) for allegedly counterfeiting governm
Alibaug, a picturesque coastal town in Maharashtra, has become a hot spot for luxury real estate. Many Bollywood stars and popular cricketers have invested in sprawling villas, making it a retreat for the elite. From Virat Kohli and Anushka Sharma's Rs 32
The Indian real estate market is witnessing a surge in demand for mid-premium homes, particularly in key metropolitan cities like Mumbai. NRIs and HNIs are finding these properties increasingly appealing due to their value and potential for appreciation.
Pune has emerged as a leader in the CREDAI-CRE Matrix Report, showcasing strong growth and regulatory compliance in the real estate market. The report, which highlights the performance of major cities in India, underscores Pune's commitment to transparenc