GIC and Temasek invest in Mumbai tallest residential project

The Economic Times, 17 Aug 2010
MUMBAI: Real estate firm Lodha Developers has raised Rs 500 crore by selling a 10% stake in a project to develop a 117-storey residential tower in Mumbai to HDFC Venture Funds.
“The deal shows the investor’s appetite for quality real estate projects in India,” said Abhisheck Lodha, the managing director of Lodha Developers.
HDFC Venture Funds is promoted by mortgage leader HDFC. Other investors include GIC, Temasek and Abu Dhabi Investment Authority. Full story