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

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..