Indiareit Fund Advisors Pvt. Ltd.
Originally announced in the Fiscal Year of 2014, REITs (Real Estate Investment Trust) did not offer any tax sops to attract potential investors in the cash-strapped realty market. The BSE has now launched a 11-member advisory group on REITs, to engage long term funds from national and international investors. In order to popularise REITs, various [...] 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 »
Bangalore- Former CEO of South Asian Real Estate Group (SARE Group), Arvind Pahwa, has taken position as the executive director at Indiareit Fund Advisors Pvt. Ltd. At an interview, Pahwa disclosed that he will be a part of Indiareit’s business and willo be monitoring existing investments. Ramesh Jogani , Indiareit’s chief executive and managing director, [...] Continue Reading »
