Foreign investor
Industry experts believe that the global investors may initially focus at major metros than investing in high-risk Tier 2 and 3 cities. It is expected that the government’s move to reduce capitalisation limit to $5 million is likely to attract FDI in the real estate sector. The international players are reluctant to enter the markets, [...] Continue Reading »
Brookfield Asset Management, a Canadian firm has teamed up with Peninsula Land, a branch of Ashok Piramal Group and planning to invest Rs 500 crore fund in real estate sector. It is a joint effort and the fund will initiate from April 2012. The fund will also have an over allotment option of Rs 150 [...] Continue Reading »
