Tag: Jp Morgan

DLF to Raise Rs.2000 Cr Via Selling Shares

Largest developers of India, DLF is planning to sell its shares. The realty major aims to raise Rs.2000 Cr through selling shares. DLF plans to sell out nearly 81 million shares. Through this, the realty major aims to raise over Rs.2000 Cr. The shares will be sold via institutional placement program (IPP).

Parsvnath Developers may get Fund of 120 crore from Kotak Realty.

Parsvnath Developers is raising Rs 120 crore from Kotak Realty Fund for a new 100-acre integrated township project on Sohna Road in Gurgaon. Kotak Realty fund will get a 20% stake in the special purpose vehicle that will develop the yet unnamed project. Parsvnath Developers has sold stakes in many of its residential and office projects to private equity funds […]

JP Morgan Will Put More Than $1Billion In Asian Market

JPMorgan, internationally well-known investment bank, considers putting in over one billion dollar in Asian property sector over the next 3 years, as Indian and Chinese real estate developers crave for more funds to finish their forthcoming projects. Property prices all across the globe, especially UAE, have been on ascendancy to the amusement of many potential […]

JP Morgan Chase Buys 33% In Alok Infra’s SPV

Global financial giant JP Morgan Chase is investing Rs 130 crore for 33% stake in an SPV of realty firm Alok Infrastructure, a wholly-owned subsidiary of Mumbai-based textile maker and retailer Alok Industries, according to banking sources. Alok Infrastructure’s SPV, which is receiving the JP Morgan funding, will develop a realty project at a prime […]