RAEL ESTATE FUNDING
Stalled real estate projects will be made commercially viable: Sanjiv Chadha, SBICAP
A fund of this sort can have a cascading effect, says MD & CEO, SBICap Sec
Look for midcap stocks that will turn into largecaps: Sunil Subramaniam, Sundaram MF
Historically, the fast moving multibaggers have delivere...
IBC may have to be tweaked: SBI, government plan priority status for real estate AIF
India’s largest lender SBI and its arm SBI Capital Marke...
PE funds pump $3.8 billion into Indian real estate
Foreign private equity funds continued to dominate the real estate investment scene.
Nirmala Sitharaman's real estate fund: Everything a home buyer should know
According to FinMin's FAQs, the focus of the Special Window is on mid and affordable segment. "However, alleviating the stress for developers in this segment may have indirect benefits for the entire real estate sector including luxury segment."
SBI to contribute up to 10% of the real estate fund announced by FM: Dinesh Kumar Khara
SBI will have clear arm’s length distance when this fund is managed by SBICAP Ventures.
Have a house in a stalled project? Here's all you need to know about Nirmala Sitharaman's realty fund
Last week, FM Nirmala Sitharaman had a bunch of relief-laden announcements to make for the stressed real estate sector. The cabinet approved...
Magicbricks and Escrowffrr join hands to launch escrow account for resale deals
Magicbricks’ association with Escrowffr, supported by ICICI Bank, aims to create a secured ecosystem to benefit homebuyers. The escrow account service will be integrated on the property display page on Magicbricks’ website.
Kotak’s realty fund eyes distressed projects
After generating up to 23% returns on previous bets, the fund is looking to invest in 4-5 stuck projects that can be revived and completed soon.
FPIs open fund floodgates; Net inflow crosses Rs 1 trillion in 2019
Overseas investors have preferred equities over debt in 2019 with much higher inflows.
Home buyers can approach banks for loan revival; Rs 25,000-cr fund not for projects in higher courts: Govt
The FAQs said funding will be provided to the RERA-registered affordable and middle-income housing projects that are stalled for lack of adequate funds, but their net worth should be positive (including NPAs and projects undergoing NCLT proceedings).
Funds to boost NBFCs, HFCs and Realty may flow soon
Rs 20kcr proposals likely to get nod in 2 weeks; FM promises support to any sector that needs help. Finance minister Nirmala Sitharaman promised support to any other sector that may need help following a finance ministry presentation on ‘Major Interventions to Boost the Economy’ in the Capital on Friday.
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.
DB Realty, Prestige Estates gain up to 5% on project deal
The deal marks Prestige Estates Projects’ entry into the Mumbai commercial market.
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.
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