RAEL ESTATE FUNDING
Godrej Fund Management to invest Rs 700 crore in Century’s commercial project
The proposed investment will be in a commercial project in north Bengaluru spread over 10 acres with a development potential of 2-3 mn sft. “The deal is in the final stage of closure and will mark GFM’s foray in the commercial market in Bengaluru,” said a person aware of the deal.
Wealth of top 100 Indians in real estate sector is up by 17%: Report
Mumbai accounted for 6 of the top 10 and 37 of the 100 names being its r...
Markets appear at an all-time high, but it is good time to invest in equities, says Atul Kumar of Quantum Mutual Fund
Over the long term, we ...
UP RERA asks developers to apply for stress fund
Central government has proposed Rs 25,000 crore stress fund out of which Government of India shall infuse up to Rs 10,000 crore and the rest shall be contributed by Banks, LIC and other sources.
Why this fund manager is betting against consumption
We are cautious on the consumer space, where we think valuations are stretched specifically with the consumer staples pack. Between the consumer staples and consumer discretionary pack, there is still some upside left on the consumer discretionary side. But we are fairly cautious on the staples pack. On the consumption basket, we continue to be cautious on the auto sector.
Global pension funds are eyeing Bengal's real estate market
With REIT opening up giving these foreign funds an opportunity to exit, the existing private equity funds such as KKR, Blackstone, JM Financial and Xander are also looking to increase their exposure in West Bengal's retail and logistics space, avers realtor Pradeep Sureka, vice president, Indian Chamber of Commerce.
Real estate ancillary industries counting on ‘stress fund’ for revival
The real estate sector and the construction industry together form the second-largest employer in India. Once construction of housing projects resumes, ancillary industries expect to get more business.
Over 20,000 Jaypee home buyers may not receive any penalty for delay in construction
While bringing in very little cash, the two firms have offered land out of the land bank of Jaypee Infratech to settle some of the dues of the lenders.
From a 10-year view, Indian stocks better than US ones: Chris Wood
Wood said the government has the political will to do PSU divestments
Window for stalled housing projects to open in two months: Economic Affairs Secretary
"We hope to welcome the new year with the first disbursal of the Special window for stalled housing projects which will be operational in 2 months," Economic Affairs Secretary Atanu Chakraborty said on Friday.
Speed up execution of relief measures: Realtors
The real estate sector is seeking emergency lifeline from the government that has announced several measures, but the actual implementation of these steps is yet to gather pace.
SC directs government to use stress fund for stuck Amrapali flats
The estimated cost for construction of all housing projects is Rs 8,500 crore and amount recoverable from homebuyers and buyers of commercial areas is Rs 3,700 crore, which is 43% of the cost. Banks have also been told to release funds to homebuyers.
Govt's Rs 25,000 crore realty fund can only help 6% of stalled constructions
Govt’s Rs 25k cr realty fund to salvage stalled housing projects will only help 6% of stalled constructions.
Under-construction real estate now attractive. 9 things home buyers should check
Under-construction flats cost you much less than ready ones, but they are also riskier and more complicated.
Tiger Global leads $20 million funding round in Infra.Market
The Series A round of financing follows the $3.5 million Infra.Market raised from Accel Partners in August earlier this year.
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