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Milestone invests Rs 110cr in Godrej property in Kolkata

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 11:59 PM IST

Milestone Real Estate Fund has invested Rs 110 cr into a residential project to be developed by Godrej Properties in Kolkota, a release from Milestone said.

Though Milestone did not disclose the percentage of stake picked by itself, it said that both iself and Godrej will jointly develop 3 million square feet of residential property, it said.

After a long lull in private equity deals in real estate, the action seems to be hotting up with recently Red Fort Capital saying that it has bought additional 4 per cent stake in Parsvnath's premium project in Delhi.

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First Published: Oct 05 2009 | 1:04 PM IST

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