Browsing Tag

Investments

9 posts
MMRDA Allocates Land to NPCI in BKC for Global Headquarters

MMRDA Allocates Land to NPCI in BKC for Global Headquarters

MMRDA has allocated land in Bandra Kurla Complex (BKC) to NPCI for its global headquarters, reinforcing Mumbai’s role as a fintech and digital payments hub. The headquarters will drive advancements in AI-driven financial services, cybersecurity, and blockchain, attracting startups and investors. This move aligns with India’s growing dominance in digital transactions and ensures continued leadership in global payment solutions.
Blackstone’s Acquisition of Kolte-Patil Developers

Blackstone Acquires 40% Stake in Kolte-Patil Developers

In a landmark deal, Blackstone has acquired a 40% stake in Kolte-Patil Developers, a leading real estate developer in India. The global investment firm has also launched an open offer to acquire an additional 26% stake, potentially raising its ownership to 66%. This move is expected to bring fresh capital, enhanced governance, and strategic expansion to Kolte-Patil while strengthening Blackstone’s presence in India’s booming residential real estate market.
India’s HNIs and UHNIs are growing rapidly in 2024

The Rise of Indian HNIs and UHNIs in 2024: A New Era of Wealth and Influence

India’s population of high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs) is surging in 2024, fueled by tech, start-ups, and real estate. With a growing focus on luxury consumption, global investments, and sustainability, India’s wealthy are reshaping the global economic landscape, with younger entrepreneurs at the forefront of this transformation.
Industrial and Warehousing real estate industry

Warehousing & Logistics Absorption Increased by 8% Annually in H1 2024, with Mumbai and Pune Leading

New Delhi, 1st August 2024: The first half of 2024 saw a…
Investment in Indian real estate

Institutional investments in alternatives cross USD2.0Bn in 5 years; foreign investments rise 6X since 2019

·       Share of alternatives in total investments rose from 3% in 2019, to…