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Realty developers mulling the option to launch REITs

Realty developers mulling the option to launch REITs
With Finance Minister Arun Jaitley having announced in his Budget speech that the income generated by Real Estate Investment Trusts (REITs) will be taxed at the hands of investors, bigwig realty developers are mulling the option of launching REITs. The prominent real estate players that are considering the option to launch REITs – which are like mutual [...] Continue Reading »

Chetan Dave walks out from IDFC

Chetan Dave walks out from IDFC
Bangalore- Chetan Dave, head of IDFC Alternatives real estate investment team, has resigned from his post due to mismatch of interests between him and the rest of the management, as said by sources. Dave had joined IDFC Alternatives in June 2010. His position is expected to be taken up by Satish Mandhana, currently managing partner [...] Continue Reading »

Brighter outlook for LICHF in future, says report

Brighter outlook for LICHF in future, says report
Eastern Financiers is buoyant on LIC Housing Finance. It recommends buying rating on the stock with a target of Rs 329 in its July 2, 2012 research report. LIC Housing Finance (LICHF), promoted by LIC of India, is one of the largest players in the nation’s housing loan segment.In addition of having a widespread network [...] Continue Reading »

Saran Developers enter Bangalore realty market

Saran Developers enter Bangalore realty market
Saran Developers, a new name in real estate sector but not a naive in this field. It is a group of highly experienced team of professionals with a rich knowledge in the sector. The group involve of people from different sector like Real Estate, Landscape Development, Agro-farming Technology, Development of Gated Communities, Information Technology, Management [...] Continue Reading »



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