Real estate funding
On Tuesday, the Reserve Bank of India (RBI) issued “draft guidelines,” with the evident aim of perking up the infrastructure sector. The “draft guidelines” will essentially give the banks the ability to provide partial credit enhancements to bonds which have been for financing infrastructure projects by companies/Special Purpose Vehicles (SPVs). According to the “draft guidelines” [...] Continue Reading »
In a mail to Lucknow Metro Rail Corporation’s (LMRC) Sreedharan suggests that an Agence Francaise de Development (AFD) loan is not best suited for the project. He points out that FIDIC contract conditions don’t suit the Indian situations and may lead to international arbitrations hiking the cost of the project. He adds that AFD would [...] Continue Reading »
Bangalore witness strong private equity interest in real estate The New Year started with a boom for the Bangalore realty market. The realty in the city is attracting private equity investments in the real estate sector. Multiple sources had been quoted as saying that many deals topping $10 million (above Rs 60 crore) have been concluded or [...] Continue Reading »
The journey to the real estate funding will continue for Giorgio Armani. Earlier that had a joint venture with DLF. Now the Armani is closing the deal with DLF and planned to go for a new venture with Genesis Luxury. The basic investment policy of Armani is into luxurious projects in India. And as DLF [...] Continue Reading »
Private equity is taking a vital role for the growth of real estate sector in India. It is observed that fresh funds are being invested in real estate from different equity players. During the year 2010-11 more than one billion dollar was invested in different residential projects in India. The big sources of equity funds [...] Continue Reading »
