← Top stories
Funding and debt● Neutral for Indian equities
Poddar Keventer Capital Advisors to raise up to Rs 400 crore for maiden real estate AIF
The brief
- Poddar Keventer Capital Advisors plans to raise up to Rs 400 crore for its maiden Category II AIF
- The fund will focus on real estate projects
- The fund targets Indian real estate projects, potentially widening capital access for property developers
- Prestige Estates raises ₹3,000 crore from CPPIB for hospitality arm
- Foreign investors are back: India real estate draws record $9.5 bn in Q3
- Equity capital inflow in real estate, data centre, hotel assets doubles to USD 9.5 bn in Jul-Sep: CBRE
- Real estate capital inflows hit record $9.5 bn in Q3 on data centre demand
- Nifty 50 down 12% from September 2024 peak: Motilal Oswal