Our client, a leading India focused real estate fund (Client) backed by one of the U.S.’s largest banks, makes investments in commercial and residential properties across several metropolitan cities in joint partnership with major developers across India.
Investments are made through a plethora of Special Purpose Vehicle (SPV) by equity or quasi-equity instruments such as Compulsorily Convertible Debentures (CCDs), Compulsorily Convertible Preference Shares (CCPSs), and more.
For its several investments across India, Nexdigm was retained to conduct a fair valuation of the investments in Residential, Commercial & Hospitality projects.
