At a time when cash flows are weak owing to slump in home sales, real estate developers are relying heavily on external sources of capital to drive business. To ease the woes of Indian realty, it is reported that Macquarie Infrastructure and Real Assets (MIRA), an arm of Australia’s Macquarie Group Ltd, is set to […]
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August 21, 2015 6:00 pm
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 […]