Godrej Fund Management (“GFM”), the real estate private equity arm of the Godrej Group, has announced the second and final close of its US$ 450 million office development platform. Across Godrej Build to Core-I (“GBTC-I”) and the existing core fund, GFM can now invest in or develop office assets worth over US$ 1 billion in value.
The private equity funds managed by Blackstone have acquired a 97.7 per cent stake in Aadhar Housing Finance, including the entire stake held by the existing controlling shareholders, Wadhawan Global Capital (WGC) and Dewan Housing Finance
Private equity (PE) funds altogether pumped nearly US$ 9.7 billion into Indian real estate between Q1 2017 and Q1 2019 – but into more sectors than the 'usual suspects' of commercial and residential projects. Logistics and warehousing is a bright new spot on the Indian real estate heatmap.