IL&FS Investment Managers Ltd
FDI in real estate as announced by the finance minister Arun Jaitley has already started picking momentum in the real estate market. IL&FS Investment Managers Ltd or ILFS IML, the private equity arm of the local infrastructure financier Infrastructure Leasing & Financial Services Ltd or IL&FS, will raise roughly $1 billion (Rs 6,000 crore). This [...] Continue Reading »
India’s largest homegrown private equity firm, IL&FS Investment Managers Ltd (IIML) has planned to launch a fundraising program under the name of Yatra Capital. Yatra Capital is an India-focused real estate investment firm and acquired by IIML two years ago. Yatra Capital has already raised 220 million euro for investment in the real estate in [...] Continue Reading »
Land acquisition was a major headache throughout the year in Noida and therefore maximum of the building constructions were stopped. Now things are in place there is huge number of upcoming projects and the floor area rates have raised by Rs.500 to 600 per square feet. The Amrapali Group, a realty firm has planned to [...] Continue Reading »
