| Canada Pension Plan Investment Board is close to buying an IT park in Chennai jointly owned by Shapoorji Pallonji and New Vernon Capital for Rs 1,500 crore, two people familiar with the matter said. If it goes through, this will be the biggest real estate private equity transaction so far this year. "Both parties are in final stage of discussions and the deal is expected to close soon.
Singapore's sovereign wealth fund GIC, along with Bengaluru-based builder Brigade Enterprises, announced that it will jointly invest Rs 1,500 crore in housing projects across southern India...............................................Full Article: Source
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