Infrastructure sector projects by Vivendi Ventures Pvt Ltd in
Project Information
5940
Vivendi Ventures Pvt Ltd
Chennai-based Vivendi Ventures, which is into real estate development and fund management, is planning to launch a private equity arm headquartered in Singapore, to invest in real estate projects in India.
“We will be launching an entity in Singapore with an initial offer of Rs 200 crore in 2015, which would be increased to Rs 500 crore by end of 2016,” said Srinivas Anikipatti, chairman and managing director of Vivendi Ventures.
It expects to invest in real estate projects in India and complete investments in three years starting from 2016. After this, it would be looking for a major fund raising for the real estate PE investments, he said.
The company today launched a joint venture residential real estate project, Masken Heights, here, in collaboration with city-based Greata Enterprises and Developers. The project includes a 72-apartment residential area and commercial space involving a cost of Rs 175-200 crore.
Vivendi is planning to develop a few more projects with a total project cost of Rs 1,000 crore in collaboration with Greata, which holds the land bank. Besides this, it is developing a Rs 45-crore row house project; a Rs 60-crore commercial space and Rs 9-crore boutique housing units.
Project Value
INR 200 Crore /-
Fund Mobilization Stage
Multi State
India
Infrastructure
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