REIT
The Indian real estate surging with hopes and rise in net profit during the second quarter of the FY 2014-15. This was stated by most leading players in the industry. As most companies experiencing a rise in net profit during the second quarter of this FY, a muted growth continues for the listed real estate [...] Continue Reading »
As compared to real estate investments in the Asia Pacific Region, Indian realty remained dull in 2012-13. REITs worth $10 billion may be listed in case of tax relief provided by the Government of India. CEO of Jones Lang LaSalle for Asia Pacific, Alastair Hughes revealed his opinions on matters related to real estate market [...] Continue Reading »
In what can be termed as good news for the Indian real estate sector, Milestone Capital advisors, a well known private equity fund that invests in realty projects has managed to raise nearly Rs. 170 crore for its structured debt fund. Milestone Capital advisors plan to raise a total of Rs. 500 crore in the [...] Continue Reading »
The new tax rules seems unattractive to initiate selling of securities within 3 years. The announcement of rules regarding setting up of Real Estate Investment Trusts (REITs) is likely to spur $20 billion property development in India. Market sentiments report that unless the country’s tax code is revised, REITs may find it difficult to take [...] Continue Reading »
REITs might have to face some turbulent times before being fruitfully launched in India, due to the current tax rules, which make it an unattractive and stringent affair. The rules announced by the Indian Government for setting up Real Estate Investment Trusts (REITs), which may spur $20 billion of property development, will not see the [...] Continue Reading »
The Real Estate Investment Trusts will be helping to attract more funds into the realty sector and there is no need to provide more tax concessions for it. One of the senior government officials made this statement yesterday. REITs and Infrastructure Investment Trusts (InvITs) are being expected to bring in more global investment and also [...] Continue Reading »
When the Finance Minister Arun Jaitley presented his maiden budget on July 10 this year, there was a lot of expectation in the real estate and infrastructure sector as they were hoping that the new government will take measures to give a boost to these ailing sectors. This year’s budget saw the amendments enacted in [...] Continue Reading »
The possible introduction of real estate investment trusts (REITs) in India and its impact is perhaps one of the most talked about subjects among Indian real estate experts. It’s all the more intriguing from the perspective of retail as well as institutional investors. A REIT, in simple terms, is a group of income-producing assets backed [...] Continue Reading »
Air India Ltd, India’s state-owned airline, is considering spinning off its real estate assets into a real estate investment trust (REIT) and lists it on the stock exchanges in a move that could give the company significant tax breaks and also improve its finances. Air India has 800 properties at prime locations around the world; [...] Continue Reading »
A big news in the real estate market is that global private equity firm Blackstone Group LLP is close to buying 50 % stake in Embassy Services Pvt. Ltd. This is the property management arm of Embassy Property Developments Pvt. Ltd and the deal is expected to be closed at Rs.400 crore. The transaction will [...] Continue Reading »
