Tag: Saffron

Saffron Asset To Launch Three New Funds

Saffron Asset Advisors, a private equity player, is planning to launch three new funds in hospitality, logistics and infrastructure early on 2010. Ajoy Veer Kapoor, founder and managing director, Saffron Asset Advisors told FE, “We are planning a five hundred million dollar infrastructure fund, and will introduce two hundred million dollar hospitality and logistics funds. […]

Sobha Sells 40% In Bangalore Project

Sobha Developers Ltd leading real estate company said on 02nd July it has sold forty percent stake in an forthcoming Bangalore project to Dubai’s Pan Atlantic LLC for ten million dollar. Sobha plans to develop a 1.7-million-sq ft residential township at the plot in south Bangalore. A senior company official said the present value of […]

Parsvnath sells 30 % stake of Mumbai project

MUMBAI – Real estate firm Parsvnath Developers Ltd has sold thirty percent stake in a Mumbai project to foreign funds for 1.86 billion rupees, the company said in an announcement on Thursday. Shares in the company hit a high of 217.65 rupees on the news, and were trading 4.57 % higher at 216.30 rupees. Parsvnath […]