This investment marks ADIA's maiden venture into India's residential real estate market. :
BENGALURU : The Abu Dhabi Investment Authority (ADIA) and Kotak AIF will invest ₹2,001 crore in four residential projects by real estate developer Prestige Group. The funds will be used to develop projects in Delhi, Mumbai, Bengaluru, and Goa. This investment marks ADIA's maiden venture into India's residential real estate market, expanding beyond its previous commitments in commercial office spaces. “The kind of opportunities coming up in the residential sector is huge. The partnership with ADIA-Kotak is long term.