Foreign investors
An FDI asset management firm, US-based Brahma Management concentrated on domestic real estate, mentioned that after elections it is expected that prices of commercial realty will rise by 20-25 per cent. About 2,500 crore have been invested by a company in 3 upcoming projects, stated that the foreign investors were waiting for policy clarity and [...] Continue Reading »
Brakes have been put on mergers and acquisitions activity in the power and infrastructure space due to general elections. Earlier Infrastructure developers which were anxiously investigating for investors are now pushing negotiations waiting for elections as they suppose that a stable new government may increase their threadbare valuations. Conversely, the investors are going through deals [...] Continue Reading »
Canadian Pension Plan Investment Board (CPPIB) is set to appoint an India team with a new office in Mumbai later this year. The board manages $200 billion in assets. This is the second office of the Canadian giant in the emerging markets and signifies reviving sentiments on the India investment story. In the past one [...] Continue Reading »
Concerns faced by its state-owned enterprises, including real estate major Emaar and telecom giant Etisalat in India, UAE is expected to take up the matter at the high level investment body meeting next week. A Commerce Department official told Business Line that, Anand Sharma ,Union Commerce and Industry Minister in his meeting with the the Managing [...] Continue Reading »
The urban development ministry is proposing for an important change in the foreign direct investment (FDI) policy for construction sector, which will permit foreign investors to purchase farm land in India. There has been a proposal to relax the FDI rules for construction and housing by the Department of Industrial Policy and Promotion (DIPP). It has suggested that a company owned and [...] Continue Reading »
The government is taking a move that could open up funds flow into the financially stressed sector by proposing relaxation of norms for foreign investment in construction. 100 per cent foreign direct investment is allowed through the automatic route in development of townships, housing and built-up infrastructure, subject to stringent conditions, under current rules. A company owned and controlled by an [...] Continue Reading »
Indian real estate is going through a slowdown amid stagnating sales and facing funding issues with foreign investors. Private equity firms focussing on real estate are facing difficulty to raise funds through foreign high net-worth individuals (HNIs) and institutions. According to experts, both international and national PE firms are not able to close funds if [...] Continue Reading »
Indiareit Fund Advisors, the real estate private equity arm of Piramal Enterprises who invested Rs 440 crores has exited from the three realty projects including a residential project in Pune, a premium luxury project in Mumbai and phased stake sale of an SEZ within a township project located at Hinjewadi, Pune, being developed by Paranjape [...] Continue Reading »
New Delhi- Despite the flourishing Indian real estate market, the market has been witnessing a sharp decline in foreign investments in the past two years. The key reason being the lack of international standards as global investors might be too cautious about it. The Indian real estate witnessed a decrease of about $2-3 billion when compared [...] Continue Reading »
New Delhi- According to a top executive of property advisory firm, CB Richard Ellis-Asia Pacific, India still continues to be a key real estate market for Private Equity funds and other foreign investors although the country has been affected by global economic slowdown. The Asia Pacific region of India has been considered a place of opportunities for developers who [...] Continue Reading »
