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Piramal Group Archive

$2.4 billion worth PE funds to be invested in 53 realty deals

Reinforcing faith in India’s real estate sector, amid a two-year-long slowdown that continues to see apathetic sales and an inventory pile-up, foreign institutional investors (FIIs) and the private equity (PE) funds made a beeline to invest in residential and commercial projects this year. According to data from VCCEdge, PE funds invested about $2.4 billion in […]

Goldman Sachs will invest Rs 900 Crore in Piramal Realty

Global Investment Bank, Goldman Sachs is planning to invest Rs 900 crore or $ 150 million as the minority stake in Piramal Realty, which is Mumbai based real estate developer. Currently, Piramal Realty owns more than 10 million square feet of residential as well as commercial projects under development stage and they all are located […]