NBR Developers
Citiescities-arrow
  • more-arrow-down
    • Please wait while loading other cities loading...

TCG Real Estate gears up for the second fund

  • No. 1 Property Portal in India
  • Over 25 Lakhs Apartments and More
  • Post Free Residential Properties in India
  • Find Property in Bangalore
  • Buy/Sell/Rent Apartments in India
  • Search Latest Residential Property in India
  • Get Free Alerts on Property Requirements
  • Find Agents/Buyers for your Property
mobile-ad
TCG real estate is eying bigger plans for the coming calendar in realty India. According to the sources of www.propertykhazana.com a whooping sum of 300 million US dollar approximately Rs 1569 crores are to be led for the second phase of capital rising on their ongoing sites. The company is crafting both domestic and international money and is more interested for the overseas account as stated by Bani Banerjee – executive director and chief investment officer of TCG realty group. Recently around Rs 200 crores has been put for two projects of residence at the capital city of Indian economy – Mumbai. This is one of the shares from the parent pocket of 300 million US dollar for India possessions fund. It started functioning from 2007. This fund is joint management cell of TCG along with an US based owner - Vornado realty trust which is also a manager of a commercial realty firm.
On the other hand all the investment made by The Chatterjee Group is on the hold of the TCG. Chatterjee group is a wing of non resident financier Purnendu Chatterjee. Banerjee further states that the company is schedule to raise the second fund through its own sources but a second thought is possible for a strategic associate in the later stage of the curriculum. He further adds that the coming fund will also be put for both the residential and the commercial implications and no planning for the retail market as of now despite interesting norms and much profitable circumstances after the grant of 51 percent FDI in multi brand and full 100 percent for the single brand. However the fund rising will be easier in domestic grounds due to its proximity to the new norms and regulation where as it might create a confusion among the overseas sectors. The latest engagement of TCG Vornado was for the redevelopment projects at the suburban and the central Mumbai. The fund of India Property has been invested in few other six locations of Pune, National Capital Region apart from Mumbai. The company has also made hold of around 49 percent stake in Ramprastha Group during the first quarter of the year in Gurgaon. One of the largest investments of the company is the deal of a plot in Bandra Kurla Complex business hub in Mumbai in 2007. The deal touched the rate with Rs 1041 crores which is a highest score among the recent ventures.
Source: NIMMA BENGALURU

Property Listings

Apartments, Flats and Property for Sale in Mumbai

May 15, 2017
2 x 1 BHK Jodi flats with hall wall sharing - call for more..
May 07, 2017
JK PROPERTY SAI SIDDHANT PALACE 1 BHK/ 2 BHK- ARE AVAILABLE READY POSESSION FLATS {15 MIN} WALKABLE DISTANCE FROM STATION . PER SQ.FT..
Apr 14, 2017
Fully Furnished 3 BHK, 4 balconies, Covered Parking, Nr. School, Hospital and International Airport in the located..
Mar 01, 2017
A very good opportunity flat Nalasopara east location pragtinger very low. Buggat price 1rk 1bhk 2bhk flat available ready to move flat..
Feb 28, 2017
1 bhk flat for sale at Kharghar at 30 LAKH (Include ALL.) # Location : Kharghar # Sector : 37 (Near Navi Mumbai tallest building – arihant..
Feb 02, 2017
Flat for sale 2BHK ground floor, Nectar 3 Apartment fully furnished with electronics equipments, lawn and garden Useable area 1000 sqft.CCTV..
Jan 22, 2017
1BHK Flats for sale in navi mumbai in ready possession and under construction with affordable rate.call on..
Jan 19, 2017
2 Bhk Furnished Ready to move apartment with Car..
Jan 19, 2017
buildind G+3,14 flats and 2 shops, 24 hour water supply,80% completion, Area:495sq.ft, Rate 3000sq.ft,only 700 mtrs from Navade station,3 km from..
Jan 16, 2017
still+4 with lift, 2 bldg total 80 flat out of which 68 flats are 1 Rk and 1Bhk are 12 flat. Hospital, colleges,School and Market a whistile away...
spacer

Apartments, Flats and Property for Rent in Mumbai

May 09, 2017
1BHK OF 225 in 24 floors tower, 3 lifts, open parking, 24/7 CCTV and security, only 5 min walking distance from cotton green station and 8 min..
Apr 17, 2017
Very good 2.5 bhk on rent on main Band Stand. full sea..
Mar 27, 2017
FULLY FURNISHED 5BHK FLAT AVAILABLE FOR RENT DIRECTLY FROM..
Jan 04, 2017
2 BHK FURNISHED APARTMENT AVAILABLE AT MALAD EAST, GOREGAON FILMCITY ROAD,MUMBAI. Rent 35,000 / - Security Deposit Rs.1,25.000/-. Interested..
Dec 03, 2016
PG accommd for 4 girls sharing at vakola pipeline santacruz east Mumbai India Rent 7000 call landlady 9768546430..
Sep 02, 2016
2 BHK SPACIOUS FLAT FOR RENT AT KHARGHAR – NAVI MUMBAI. # Location : Kharghar. # Sector : 18, (near to central park, golf course and ..
Aug 12, 2016
# Location : Kharghar , sector - 3 # Sector : 3 # Area : 635 sq ft # Rent : 10000 # Deposit : 40,000 # Parking : open # Balcony : balcony #..
spacer
spacer
spacer
spacer
spacer