Realty News
Reports received from a senior executive of the Securities and Exchange Board of India (SEBI) revealed that a greater deal of transparency will be ushered in by the Real Estate Investment Trusts with the objective of attracting more global funds. Several norms for the listing of business trust structures, REITs and Infrastructure Investment Trust were [...] Continue Reading »
A collaboration made between the Origo Commodities and the NABARD will be providing a ‘warehouse receipt financing’ to the farmers of Andhra Pradesh and Telangana, as per reports provided by the former, Origo collateral management firm. The tie up between the collateral management firm, Origo Commodities and the NABARD aimed at providing Telangana and Andhra [...] Continue Reading »
Mumbai based developer, Godrej Properties announced its decision to buy back its 49.90 % stake in the subsidiary Godrej Buildwell Private Ltd, a company that has Motilal Oswal Advisors –managed India Realty Excellence Fund as its Private Equity Investor. This announcement was made on Wednesday; the transaction value for the deal remained undisclosed. In 2009, [...] Continue Reading »
Lodha Developers, a real-estate company based at Mumbai has decided to hire two banks for its first dollar bond issue that aims at raising money from investors abroad by the end of this year. This announcement comes after Century Ltd. which raised 175 million dollars through selling bonds closed its issue on Friday. Two banks [...] Continue Reading »
Poor real estate sales in the residential sector have made significant impact on home loan disbursements, revenues and balance sheets of banks etc. Most buyers reluctant of making immediate purchases are now being lured into the market by being offered lucrative financing schemes by Banks. The residential property sector of the real estate market suffered [...] Continue Reading »
On the basis of availability of ready-made infrastructure in the Eastern state of India, Industrialists are being wooed to invest in West Bengal, says reports from a senior government official from the state. West Bengal has over 40 industrial parks with ready-made infrastructure available which can be beneficial for investing industrialists. Reports reveal that the [...] Continue Reading »
Realty fund and asset management firm, Capitedge India Investment Advisory which had is planning to launch a residential property based fund in India. Capitedge India, the Company: The independent advisory firm, Capitedge India was set up by 6 members of the American Banking Giant Wells Fargo, when the latter decided to shut its operations in [...] Continue Reading »
Reports reveal a significant drop in consumer inflation rates at 5.52 % in October. It is the lowest since February 2008. The previous consumer price index for urban dwellers had its lowest inflation rate in February 2008 and the significant lowering has been recorded once again in October at the rate of 5.52%. This report [...] Continue Reading »
In the latest monetary review offered by the Reserve Bank of India on 30th September 2014, the repo rate was kept unchanged at 8% since it was last announced in January 2014. The unchanged repo rate announced by the Reserve Bank of India on 30th September, 2014 at the rate of 8% has been viewed [...] Continue Reading »
Indian real estate development firm, the M3M group will be partnering with one of the top Chinese showcase development firms with the objective of building a large Expo-Center in New Delhi. It is estimated to be a multi-billion dollar investment. The Xin Ji Group of showcase developers from Guangzhou, China announced an MOU with the [...] Continue Reading »
