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
TheIncome Tax (IT) department has launched raids on the RAMA Group, a prominent real estate developer in Chhattisgarh. The operation includes the offices of Shyam Somani, the President of the Bastar Chamber of Commerce. Despite the ongoing investigation,
This financial support is expected to catalyze significant real estate development in the region, enhancing market confidence and encouraging investment.
Real estate developer Sattva Group has made a significant move by purchasing an 8.5-acre property in EPIP, Bengaluru, for Rs 300 crore. The property, which was previously owned by a high-net-worth individual, marks a strategic expansion for the company.
The Maharashtra Housing and Area Development Authority (MHADA) is set to launch a lottery for 19,000 affordable homes in the Mumbai Metropolitan Region (MMR) and Pune. The homes are priced starting from ₹12 lakh, offering a glimmer of hope for low and mid
Billionaire Gautam Adani's real estate arm has emerged as the frontrunner to develop one of Mumbai's largest housing projects, valued at approximately $4.1 billion. This move underscores Adani's ambitious expansion into the real estate sector.
Private equity investments in the Indian real estate sector saw a decline of 4% in the recent period, signaling a shift in market dynamics and investor sentiment. This article explores the reasons behind this decrease and its implications for the industry