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VATIKA GROUP DEBT
Edelweiss sheds distressed assets ahead of EAAA India Alternatives IPOThe group has exited a number of long-stuck credit exposures, including Vatika, Adhunik Metaliks, and now BILT Graphic Paper Products (BGPP...
Edelweiss Alternatives lends Rs 700 cr to Vatika Hotels to refinance existing debtVatika Hotels (VHPL), established in April 2004 in New Delhi, is a special purpose vehicle (SPV) under the umbrella of the Vatika Group, wh...
Goldman sells Rs 1,100-cr loans to Edelweiss Alternate FundEdelweiss Alternative Fund acquired the loans for ₹650 crore, one of the people said.Edelweiss Alternative Fund and Goldman Sachs did not r...
Acre ARC buys a clutch of distressed loans from HDFCThe portfolio includes loans to Gurugram-based real estate developer Vatika Group (₹730 crore) and distressed Nirmal Lifestyle Kalyan (₹430...
Air India to dismantle regional headquarters, shift to GurugramThe airline currently has four regional headquarters headed by four regional directors. Air India inherited the regional structure of comma...
Vatika group repays Rs 1,109 crore, to sell more land to clear debtSome of the major repayments include a repayment of Rs 304 crore to Piramal Enterprises, Rs 108 crore to HDFC Limited, Rs 519 crore to Indi...
Goldman Sachs invests in realtor Vatika GroupUS banking giant Goldman Sachs has invested Rs 610 crore in Gurgaon-based realty developer Vatika Group in a part equity part debt deal, ac...
Vatika group repays Rs 500 crore duesOf the total repayment, the company has repaid HDFC’s debt of over Rs 80 crore while Indiabulls Housing Finance has received nearly Rs 420 ...
Piramal Capital and Housing Finance invests Rs 650 crore in SAMHI HotelsPrior to this, PCHFL had invested Rs 600 crore in Gurgaon based Vatika Group for their Westin Gurgaon and the Westin Sohna properties and R...
Piramal Finance likes hospitality, plans more betsPFL has invested Rs 650 crore in Vatika Hotels, which owns The Westin Gurgaon, a 313-room keys hotel located in Gurugram.
Piramal Fund Management in the process of investing Rs 1,500-2,000 croreThe investment, in Wadhwa Group’s portfolio of projects, will be made in the form of lease rental discounting that will refinance the devel...
Piramal invests Rs 150 crore in Pune-based Marvel RealtorsA few weeks ago, Marvel Realtors had acquired a 3-acre of land parcel auctioned by the Federal Republic of Germany for Rs 168 crore.
Altico Capital invests Rs 400 crore in two residential projectsThe co has extended debt of Rs 175cr in Pharande Puneville, at Punawale off Mumbai-Pune Highway and Rs 225cr in Panchsheel’s Greens II proj...
Vatika raises Rs 495 crore from Axis Bank for hospitality armThe money will be used to construct an additional tower at its hotel property, Westin Gurgaon, and villas at the Westin Resort and Spa, acc...
Piramal gives Rs 425 crore for Vatika projectLast year, the fund had sanctioned Rs 150-crore construction finance facility for the developer's a commercial project in Faridabad.
Vatika raises Rs 700 crore from Altico CapitalAltico has invested in a portfolio of projects with current potential of 3 million sq ft located in their flagship residential township ‘Va...
DLF plans to sell a majority stake in Delhi project to Singapore's GICDLF, India’s largest real estate developer, is close to selling a majority stake in a residential project in New Delhi to Singapore’s sover...
Piramal Fund sanctions Rs 150-crore construction finance for Vatika project in FaridabadPiramal Fund Management has sanctioned Rs 150-crore construction finance facility to Gurgaon-based developer Vatika Group for a commercial ...
Ashiana Homes & Landcraft raises Rs 180 crore from Indiareit & IIFLAshiana Homes & Landcraft Projects raised Rs 100 cr from Indiareit and another Rs 80 cr from India Infoline to fund their upcoming housing ...
- Loan scam to hit realty companies hard
The ongoing investigation of LIC Housing Finance and some public sector banks is set to impact realty companies, which are already facing a...