Build Nivesh secures Rs 400 million in inaugural real estate AIF
Real Estate

Build Nivesh secures Rs 400 million in inaugural real estate AIF

Build Nivesh LLP announced the successful close of its first real estate alternate investment fund (AIF), raising Rs 400 million. The fund has reached its final close, achieving a total corpus of Rs 400 million with an additional Rs 400 million in investor commitments for further investment opportunities, expanding the total investible corpus.

The fund will primarily target real estate projects within the Mumbai Metropolitan Region (MMR). "Build Nivesh is a strategic part of our expanding Real Estate Asset Management business under the BUILD brand. We plan to collaborate with Labdhi Lifestyle Limited to invest in four to five projects in MMR, focusing on acquiring significant minority stakes," said Kuldeep Jain, CEO and Co-Founder of Build Capital.

(ET)

Build Nivesh LLP announced the successful close of its first real estate alternate investment fund (AIF), raising Rs 400 million. The fund has reached its final close, achieving a total corpus of Rs 400 million with an additional Rs 400 million in investor commitments for further investment opportunities, expanding the total investible corpus. The fund will primarily target real estate projects within the Mumbai Metropolitan Region (MMR). Build Nivesh is a strategic part of our expanding Real Estate Asset Management business under the BUILD brand. We plan to collaborate with Labdhi Lifestyle Limited to invest in four to five projects in MMR, focusing on acquiring significant minority stakes, said Kuldeep Jain, CEO and Co-Founder of Build Capital. (ET)

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?