IndustryLatest Stories

Alta Capital Invests $100M in Isprava’s Luxury Homes

Representative AI image The Isprava Group, a key player in Goa’s luxury real estate market, is nearing a significant Rs 850-crore ($100 million) investment from Alta Capital, marking the largest fundraising effort in the company’s nine-year history, according to sources familiar with the deal. This investment, encompassing both primary and secondary shares, aims to facilitate the company’s expansion in coveted vacation spots like Goa, Alibaug, Karjat, and Kasauli. It will also enable Isprava to introduce international offerings for its affluent clientele and provide exits to some previous high-net-worth investors. Once finalized in the coming weeks, Alta Capital will ascend to…

IndustryLatest Stories

Peninsula Land Purchases Land in Alibaug and Karjat

Representative image created by AI NEW DELHI: Peninsula Land, a part of the Ashok Piramal Group, has successfully acquired two land parcels—11 acres in Sogaon, Alibaug and approximately 29 acres in Bhilawale, Karjat. Rajeev Piramal, CEO and Managing Director of the company, stated, “This is the initial deployment of capital from our real estate platform and underscores our commitment to expanding our plotted development business.” Recently, the company established a real estate development platform worth INR 765 crore through a partnership with investors Alpha Alternatives and Delta Corp. Published On Jul 10, 2025 at 03:28 PM IST Join the community…