OKAS to raise for affordable homes and office space projects
Real Estate

OKAS to raise for affordable homes and office space projects

According to a senior executive, OKAS, the DMI Group's real estate private equity division, is now seeking $500 million for its second real estate fund, which will invest in affordable housing and office space projects.

11 million square feet of space were under construction in the first fund, which invested $250 million across 20 real estate projects in Gurgaon, Noida, Lucknow, and Bangalore.

According to a senior executive, OKAS, the DMI Group's real estate private equity division, is now seeking $500 million for its second real estate fund, which will invest in affordable housing and office space projects. 11 million square feet of space were under construction in the first fund, which invested $250 million across 20 real estate projects in Gurgaon, Noida, Lucknow, and Bangalore.

Next Story
Infrastructure Urban

PM Modi Inaugurates Rs 180 Billion Projects at Numaligarh, Assam

Prime Minister Shri Narendra Modi inaugurated the Assam Bioethanol Plant and laid the foundation stone for a polypropylene plant at Numaligarh Refinery Limited (NRL), Golaghat, Assam today. Speaking at the event, he extended greetings on Sharodiya Durga Puja and paid tribute to Srimanta Sankardev and revered Gurujanas.Shri Modi noted that Assam’s energy sector is vital for India and highlighted projects worth approximately Rs 180 billion allocated to the state. Earlier, he laid foundation stones for connectivity and health projects in Darrang. The energy-focused initiatives inaugurated today..

Next Story
Infrastructure Urban

PM Modi Inaugurates Rs 90 Billion Projects in Aizawl, Mizoram

Prime Minister Shri Narendra Modi laid the foundation stone and inaugurated development works worth over Rs 90 billion in Aizawl, Mizoram today. The projects span multiple sectors including railways, roadways, energy, and sports. Addressing the gathering via videoconference, the Prime Minister paid respects to Supreme God Pathian, the guardian of the Blue Mountains, and expressed regret for being unable to join the people in person due to inclement weather.Shri Modi highlighted the contribution of Mizoram’s people to the nation, recalling the sacrifices of figures like Lalnu Ropuiliani and P..

Next Story
Infrastructure Urban

PM Modi Lays Foundation for Rs 73 Billion Projects in Manipur

Prime Minister Shri Narendra Modi laid the foundation stone for multiple development projects worth over Rs 73 billion at Churachandpur, Manipur, today. Addressing the gathering, he praised the courage and determination of the people and highlighted the hills of Manipur as a priceless gift of nature, symbolising the hard work of the region’s communities.Shri Modi noted that these projects, valued at approximately Rs 70 billion, will enhance health and education facilities and improve the lives of tribal communities. He extended his congratulations to the people of Manipur and Churachandpur o..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?