Unitech gets Approval to raise $700 million in Singapore
Articles, IPO, Real Estate Gurgaon, Real Estate India, Real estate, Unitech | (0)
Vikas Rikhye,Real Estate Blogger
It is observed that Singapore based companies & investors from Singapore are taking a great interest in investing in Real estate in India, as recently a Singapore based developer Ascendas, raised a REIT( Real Estate investment Trust) of about $500 million to invest in India in real-estate market.
It is understood from sources that while DLF, the country's largest real-estate company is awaiting regulatory approvals to raise over $2-25 billion from Singapore market, for listing its subsidiary DLF office trust , Unitech has already got regulatory approval to raise $700 million (approximately Rupees 2800 crore) through a public ...