Real estate investment
The newly appointed head of Tata group, Cyrus Mistry, also a real estate and construction baron plans to launch a real estate fund in Singapore. This has been planned as the group wants to unlock a closely held subsidiary’s investment in projects such as IT parks, malls and roads already built or under construction assets [...] Continue Reading »
Portman Holdings is planning to raise third party funds to invest in Indian real estate. The fund worth is estimated at $300 million. The company will raise these funds in overseas markets in the first half of 2013. It then plans to deploy the entire corpus in the next 30 months once the fund raising [...] Continue Reading »
The 4.85 acre plot Madras Race club Guindy has been bidded for Rs 260 crore by Mahindra Lifespaces, part of the Mahindra & Mahindra Group. The land value is Rs 3 crore per ground. The other two bidders were Arihant of Chennai and RMZ from Bangalore. Madras Race Club instructed that international real estate consultants [...] Continue Reading »
One of the largest pension asset managers, APG Asset Management, Abu Dhabi Investment Authority and the Government of Singapore Investment Corp are to invest in Indian real estate market . APG, which manages about 300 billion euro in assets, now plans to work directly with real estate developers, as it looks to establish a stronger [...] Continue Reading »
DMI Finance is in the process of raising 1,000 crore to invest in the real estate sector. The company was founded by the former Citigroup employees Shivashish Chatterjee and Yuvraj C Singh. The company will target an equity and debt corpus of 500 crore each and it will target over 20% internal rate of return, [...] Continue Reading »
A recent survey shows that real estate sector remains the preferred asset for investors in India. It is being followed by gold and silver. The investment pattern in the country suggests that investment flow have been highest in the traditional modes of investments such as in properties and gold or silver. Given the uncertain economic [...] Continue Reading »
Over 20 real estate developers from India are expected to take part in a property exhibition to be held in London. The property exhibition aims to bring together high net worth non-resident Indians (NRI) and persons of Indian Origins (PIO) in London to explore investment opportunities in India. The exhibition will be hold by Unesta, [...] Continue Reading »
In the present real estate market scenario the home buyers are younger than they were before. Most of the home buyers buy their dream home in their twenties. Buying a second house in India is a new trend and has been recognized as a growing market in the past few years. As an investment, real [...] Continue Reading »
Real estate in India has become a trend of non-performing asset classes. Real estate has outperformed equities, currency and bonds by a wide margin. It is noticed that the factors that go into driving real estate prices are definitely negative and will continue to remain negative going forward. The factors include lending rates and terms, [...] Continue Reading »
The US private equity firm Blackstone has planned to invest in different real estate projects in India. As an initiative the private equity firm wants to buy the two special economic zones in Gurgaon and Noida and an IT park in Kolkata in a deal worth over Rs 3,000 crore from Unitech. Unitech has been [...] Continue Reading »
