Edelweiss Invests Rs.7.75 Bn in Prateek Realtors

02 Apr 2024 CW Team

Edelweiss Group has made a substantial investment of ?7.75 billion in Prateek Realtors and Suruchi Properties, enhancing its foothold in the real estate sector. This infusion of funds underscores Edelweiss's confidence in the growth potential of the real estate market and its strategic partnership with Prateek Realtors and Suruchi Properties.

The investment will enable Prateek Realtors and Suruchi Properties to bolster their development projects and strengthen their position in the competitive real estate landscape. With Edelweiss's financial backing, the companies aim to accelerate their growth trajectory and deliver innovative and high-quality real estate offerings to customers.

Prateek Realtors and Suruchi Properties are reputed names in the real estate industry, known for their commitment to excellence and customer satisfaction. The investment from Edelweiss further validates their strong market position and long-term growth prospects.

Edelweiss's investment in Prateek Realtors and Suruchi Properties signifies its strategic approach to capital allocation and its focus on partnering with promising businesses for mutual growth. The infusion of funds is expected to catalyse the development of new projects and drive value creation for all stakeholders involved.

Overall, the investment from Edelweiss is poised to fuel the expansion and diversification efforts of Prateek Realtors and Suruchi Properties, enabling them to capitalise on emerging opportunities in the real estate market. It also reflects Edelweiss's commitment to supporting the growth and development of India's real estate sector.

Infrastructure Urban

19 Sep 2025

LTTS Joins MIT Media Lab To Drive AI And Sustainable Tech

L&T Technology Services, a global provider of AI, digital and engineering consulting services, has announced a multi-year membership agreement with the MIT Media Lab, one of the world’s leading research institutions.As a consortium Lab Member, LTTS will collaborate on next-generation artificial intelligence (AI) developments, highlighting its commitment to advancing transformational innovation in mobility, sustainability and technology.Under the agreement, LTTS will participate in active exchanges of knowledge with the Media Lab’s cross-disciplinary ecosystem of researchers, innovators..

Maharashtra Approves Rs 9.31 Bn for Bhandara–Gadchiroli Expressway

The Maharashtra cabinet, chaired by Chief Minister Devendra Fadnavis, has approved the revised design and funding of Rs 9.31 billion for the Bhandara–Gadchiroli controlled access expressway, a project expected to enhance connectivity across Vidarbha.The 94.2 km expressway, to be implemented by the Maharashtra State Road Development Corporation (MSRDC), will cut the Bhandara–Gadchiroli distance by 23 km and reduce travel time to 1.5 hours. Of the sanctioned funds, Rs 5.34 billion has been earmarked for project work and Rs 3.96 billion for interest, with land acquisition to begin shortly.The..

Waaree Energies to Offload 14.66% Stake in Indosolar via OFS

Waaree Energies, promoter of Indosolar, will sell up to 61 lakh equity shares, representing 14.66 per cent of Indosolar’s paid-up capital, through an Offer for Sale (OFS) on stock exchanges. The move is aimed at meeting SEBI’s minimum public shareholding (MPS) norms.The OFS will open for non-retail investors on September 18 (T-day), followed by retail investors on September 19 (T+1 day), through a dedicated trading window. Each share carries a face value of Rs 10.Antique Stock Broking has been appointed as the seller’s broker to manage the transaction, ensuring compliance and transparenc..