Gurugram-based Elan Group has raised $60 million (Approximately Rs 475 crore) from global alternative investment firm PAG, months after raising over $50 million (about Rs 425 crore) from PAG. The investment will be used towards growth capital to endorse existing debt and to scale up construction of “The Presidential“, the newly launched premium residential project […]
Gurugram-based Elan Group has completed a significant land deal with Indiabulls Real Estate. 40-acre plot of land was purchased for the construction of residential and commercial developmentsin Sector 106 of the Dwarka Expressway Gurugram for total amount of Rs. 580 crores. Akash Kapoor, Director of Elan Group, commented on the situation that, “The company is […]
Oberoi Realty, firm based out of Mumbai, is in the process of purchasing a 50-acre land piece on Gurgaon’s Golf Course Extension Road in order to enter the market in the National Capital Region. The worth of the land is estimated by experts to be around Rs 1,000 crore. Oberoi will need to assume the […]
Elan Group acquired land sprawling over 40 acres for Rs.580 crore from Indiabulls in sector 106, Gurgaon. As per the regulatory filing by Indiabulls, the realty giant has divested 100% share in its subsidiaries, including Airmid Developers Limited, Albina properties limited, Mariana Developers limited & Flora Land Development Limited. According to the source, Indiabulls is […]