Debt
IVRCL Infra, a Hyderabad based firm has planned to sell some of its lands in Bangalore, Pune, Chennai, Hyderabad and Visakhapatnam to recover from debt. The land measures around 1600 acres which was kept for real estate development. They have in total of 2300 acres of land, out of which 700 acres is being used [...] Continue Reading »
Even though there is prevalence of slow down in domestic investment net worth midst the individuals and mid-sized corporates for a real estate fund. Milestone Capital Advisors, a private equity firm has raised Rs 450 crore of real estate fund. According to Reserve Bank of India (RBI) till end of June 2011, Indian real estate [...] Continue Reading »
