Smartworks has successfully raised ₹168 crore (US $20.24 Mn) in its latest funding round this year, with investment from a consortium of investors including Keppel Ltd.
SmartworksKeppelMahima StocksDeutsche BankNeetish SardaLouis LimReal EstateJun 28, 2024
₹168 crore (US $20.24 Mn)
Keppel Ltd., Mahima Stocks Private Limited, and Deutsche Bank A.G. London Branch
For the growth and expansion of the business of the company and to meet its general corporate expenses
13 cities
8 million square feet
The Shapoorji Pallonji Group has sold its stake in the group's Singapore-based joint venture real estate fund (SPREF) held in the TSI Business Parks
Arrow Global's European Real Estate Lending strategy provides flexible solutions tailored to investors and developers backed by quality living assets.
Realty firm Gaurs Group is investing Rs 1600 crore in a new luxury housing project in Ghaziabad, Uttar Pradesh, amidst strong demand. The 12-acre development has already sold 1216 apartments, generating Rs 3100 crore in sales.
The company launched 1,040 residential units in Maharashtra's Mumbai Metropolitan Region (MMR) between 2017 and Q1 2023, and it sold 792 residential units in different markets.
The Telangana Finance Department has sanctioned 33 new posts for the Real Estate Appellate Tribunal, directing the MA&UD department to obtain financial approval before initiating recruitment.
Given the critical role of real estate, which contributes up to 7% of India's GDP, maintaining rate stability can also ensure development in related sectors...