Realty News
Dont jump up when you hear or read the news which would say NBFC and PE have merged, thanks to Piramal Capital. Piramal Capital has made the private equity domains an the non banking financial company, Indiareit and Piramal Finance join hands and called for an integrated vertical, now named Piramal Fund Management, says a [...] Continue Reading »
Azure Capital, a private equity name in the market manages India Realty Fund-I ( IRF-I), and the private player now has announced profit distribution for the second time, which it has earned by scope of Fund May 18, says a source. Fund May 18 has five percent of its income distributed too, this would be [...] Continue Reading »
Non Resident Indians from all over the world and especially UAE have their eyes on Mumbai properties. They look at the investments here for long term gains, which is why the commercial hub of India has been upped as the best place to put money into, more than Bangalore says a source. With 31.86 percent [...] Continue Reading »
With Prakash Javadekar swearing in as the Minister of State, and also handling the esteemed positions with Information and Broadcasting, along with Environment and Forests, there are plenty of hopes by the Maharashtra pinned on him, especially on projects that haven’t seen the light of the day for a very long time. Along with Prakash [...] Continue Reading »
The incoming government led by Narendra Modi has a new spokesperson, an articulate spokeswoman, Nirmala Sitharaman, who is being viewed with a personality of being a bridge between commerce and finance ministries, says a source. An economic turnaround is what the nation needs at the moment, and the coordination of the two ministries is important, [...] Continue Reading »
‘’Acche Din Ane Wale Hain’’ (The good days are here) was the main mantra of the BJP campaign. Looks like the CM of Uttar Pradesh Akhilesh Yadav has taken it seriously and has planned to set up low cost hospitals at all districts of U.P under Public Private Partnership (PPP) model. In a meeting held [...] Continue Reading »
As India embraces urbanisation and confidently walks the talk of development, the new government’s next step should be to introduce stringent measures in favour of the use of green technology in the construction and realty space, say experts. CBRE South Asia Chairman and Managing Director, Anshuman Magazine says the construction and property markets are set [...] Continue Reading »
Indian private equity firm Milestone Capital Advisors is set to launch a new residential realty fund in the month of June. The fund will look to raise Rs 300 crore, and an additional Rs 200 crore in case of excess demand. Vice Chairman and Director of Milestone, Rubi Arya said the new fund will possibly [...] Continue Reading »
As per global consultancy firm Knight Frank’s Prime Asia Development Land Index, land price appreciation in Bengaluru has been the second highest among the major Asian cities considered for the study. Land price appreciation in Mumbai turned out to be the highest, with a 35.2% increase over the last couple of years. Bangalore and the [...] Continue Reading »
If there was anything one could take away from BJP’s election manifesto, it was low-cost housing, thanks to the several mentions in the document. It has now become known that the government may likely grant low-cost housing the status of infrastructure to ensure increased development. An infrastructure status would enable real estate developers to avail [...] Continue Reading »
