IndiaReit equity fund
As compared to real estate investments in the Asia Pacific Region, Indian realty remained dull in 2012-13. REITs worth $10 billion may be listed in case of tax relief provided by the Government of India. CEO of Jones Lang LaSalle for Asia Pacific, Alastair Hughes revealed his opinions on matters related to real estate market [...] Continue Reading »
In what can be termed as good news for the Indian real estate sector, Milestone Capital advisors, a well known private equity fund that invests in realty projects has managed to raise nearly Rs. 170 crore for its structured debt fund. Milestone Capital advisors plan to raise a total of Rs. 500 crore in the [...] Continue Reading »
Investment sentiments of consumers in India might soon improve, as the government has given its consent to 25 proposed Foreign Direct Investments (FDI). While the FDIs are not going to be placed directly in the real estate market, they would, however, play an important role in reviving the country’s economy, imbuing similar effects on the [...] Continue Reading »
REIT has not yet been a reality. The finance minister however has made a progressive announcement about the REITs or the Real Estate Investment Trust during his budget speech. He said that he believes in the work that still requires to be completed on the fine print and the state level issues that need to [...] Continue Reading »
Commercial office space landlord RMZ offices aims high as it sets its sight on obtaining Rs 9,000 crore ($1.5 billion) through a Real Estate Investment Trust (REIT) either in Mumbai or Singapore. RMZ corporate vice chairman Manoj Menda has made it clear that this Bangalore-based developer is soon to be made public within 15 months, [...] Continue Reading »
Last year, SEBI announced the draft Real Estate Investment Trust (REIT) regime. The move was widely hailed by the beleaguered real estate industry as an advance in the right direction and a potential redeemer of the industry. However, the REIT regime is still to be effectively implemented because of a number of reasons; the [...] Continue Reading »
India’s first real estate investment trust (REIT) will be set up very soon by Blackstone Group (BX.N) and its partner, Embassy Group. This trust will be listed on one of the country’s stock exchanges too. The government is working on finalising the rules that will govern the trusts and by next month the directive will be issued [...] Continue Reading »
The Real Estate Investment Trusts are hoping to get a positive signal soon in matters of the Budget which is coming up soon. They could soon come up with a fresh way of funding for all those developers who are struggling with increasing cost of funds as well as the sales which are rapidly declining. [...] Continue Reading »
Samira Habitats, a real estate developer based in Alibaug have to let go of an equity fund called IndiaReit owned by Ajay Piramal. The main reason for this exit is that the investment tenure of IndiaReit is over and has to be renewed again. The equity fund based company can only make an exit if [...] Continue Reading »
