NEW DELHI: FractoProp, a real estate-focused fund management company, has received registration from the Securities and Exchange Board of India (SEBI) for the Ridhama Real Estate Fund, a category II Alternative Investment Fund (AIF).
Sponsored by R.D. Brothers Group, the fund is targeting a corpus of ₹50 crore, with a greenshoe option of up to ₹75 crore, taking the potential fund size to ₹125 crore.
It is expected to typically deploy investments in the range of ₹10–12 crore per project.
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NEW DELHI: FractoProp, a real estate-focused fund management company, has received registration from the Securities and Exchange Board of India
NEW DELHI: Manglam Group plans to invest approximately ₹400 crore to develop a commercial project – Summit Signature Sangam, along
NEW DELHI: DRA Homes has acquired 3.91 acres of land at Karanai, off Old Mahabalipuram Road (OMR) in Chennai for
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