NRI investors
In spite of high prices of property, once again, India’s industrial revenue generation capital Mumbai has emerged as the most prominent and interesting property investment hotspot in India. According to 35 percent United Arab Emirates (U.A.E.) based Indians; Mumbai is the best city for doing investment in property. All this came up in a recently [...] Continue Reading »
In a first of its kind legal defamation against private equity firms, a group of non resident Indians have come together to sue ICICI ventures seeking damages for losses on their investments. A total of 69 non residents Indians have issued a joint statement accusing Dynamic India Fund III run by ICICI Venture of misleading [...] Continue Reading »
Finance Minister Arun Jaitley has recently tasked a high-level panel led by Finance Secretary Arvind Mayaram to sketch out a new framework to facilitate Non-Resident Indians (NRIs) to make investments in the country. The Centre’s efforts in having a new framework outlined for NRI investments in India is an apparent indication of the fact that [...] Continue Reading »
A number of NRI investors have filed a case in the Mauritius Supreme Court against the ICICI Venture Funds Management Company by accusing the PE firm for misleading them while raising the real estate fund that went to under perform when they had been promised by the fund management company of a certain return. ICICI [...] Continue Reading »
Due to the increasing value of dollar, more and more NRI’s are considering to invest in Indian real estate market. Since Mumbaihas been considered the business hub of real estate in India, NRI investors are looking forward to invest in Mumbai. NRI’s consider Mumbai is the best and safe to invest as many investors have [...] Continue Reading »
The real estate builders of India are now targeting the NRI investors and individual for promoting the project. To advertise the market opportunity, a property exhibition is set in Doha. More than 100 projects across India will be promoted in the property expo. The organizers expecting a huge inflow of funds will promote the real [...] Continue Reading »
