Alternate Investment Fund
Mumbai Metropolitan Region (MMR) is the 2nd largest city in terms of stuck housing projects with 92,000 housing units, while NCR (National Capital Region) has 1.76 lakh housing units stuck. Experts assume that the maximum commitment through the government’s Rs 25,000-crore aid can be reached in this region. The city has the capacity to attract [...] Continue Reading »
The Reliance Capital Asset Management (RCAM) on Monday said it has launched its first alternate investment fund (AIF) and is targeting to rise over Rs 5,000 crore through the fund in the next three years. The real estate-based fund is being launched through RCAM’s subsidiary, Reliance AIF Management Company. RYMAIF (Reliance Yield Maximiser Alternative Investment [...] Continue Reading »
The private equity firm of Anand Rathi Financial Services and Knight Frank India are planning to raise Rs 500 crore for the real estate industry in India. The two organizations planned to raise the funds from the internal domestic market. They are not going to the foreign investors for the fund raising program. The organization [...] Continue Reading »
