INDIS inks Rs.10 bn deal with Brookfield
01 Jan 2022
INDIS (formerly INCOR Group) recently announced an investment of Rs.10 bn with Brookfield Asset Management. The deal will fuel INDIS’s strategy of aiming to
grow its housing portfolio in the mid-market segment in urban locations in Southern India.
The Rs.10 bn investment in five residential projects from Brookfield’s Special Investment Fund (BSI) in the form of structured capital with base returns and an equity upside will provide INDIS with additional liquidity to accelerate the development of projects in a fundamentally strong residential market.
Contact: INDIS
Website: indis.co.in
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