In Q1, Q2 & Q3 FY23, PE investment in NCR real estate increased by 58%

13 Jan 2023 CW Team

According to a survey released, private equity (PE) companies are more interested in the real estate market in the National Capital Region (NCR) than the Mumbai Metropolitan Region (MMR) this fiscal year. According to ANAROCK Capital's Flux report, private equity investors spent $1,215 million in NCR real estate in the first nine months of the fiscal year 2022-23 (FY23), up from $771 million in the same period the previous fiscal year. According to the report, overall PE inflows in the NCR region, which includes Delhi and other cities, have increased by 58% annually.

Total PE investments in MMR for FY23 were $224 million, down from $574 million during the same period the year before. Chennai increased its participation from 1% of all PE inflows in the first nine months of FY22 to 8% in the first nine months of FY23. According to the data, investments of $268 million were recorded in Chennai in 9M FY23 as opposed to $37 million in the same period the previous financial year. In comparison to the same time in FY22, PE funding in Indian real estate climbed 3% annually, reaching $3.4 billion in 9M FY23.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..