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NEW DELHI: The Private equity investment arm of AIG is learnt to be in advanced stages of negotiations for acquiring close to 14-15% stake in Bangalore-based real estate firm RMZ, for about $350 million. The companies are likely to give finishing touches Read More...
Mumbai, India, February 22, 2007 - UK-based investment firm Dawnay Day International plan to invest $1.5 billion in Indian realty over the next few years. Areas of interest include residential developments, townships, and warehousing. Dawnay Day which Read More...
Bangalore-based Nitesh Estates has announced that New York-based Och-Ziff Capital Management Group has picked up 25 per cent stake in the company for $51 million. Och-Ziff Capital Management Group is a global hedge fund with assets worth $21 billion, Read More...
IDEB Projects Pvt. Ltd., a Bangalore-based construction and property development company, has raised $32 million from a private equity placement with U.S.-based Samsara Capital, the Indian firm said. IDEB is is developing over 8 million sq. ft. of land, Read More...
Bangalore Feb.15 The city-based real estate developer DivyaSree Developers Pvt Ltd has received $100 million from TPG-Axon Capital, a global investment firm managing over $7 billion in capital, to pick up a minority stake in the company. According to Read More...