Ups and down in realty fund investments
Even though there is prevalence of slow down in domestic investment net worth midst the individuals and mid-sized corporates for a real estate fund.
Milestone Capital Advisors, a private equity firm has raised Rs 450 crore of real estate fund.
According to Reserve Bank of India (RBI) till end of June 2011, Indian real estate developers were holding Rs 1.22 lakh crore of outstanding credit.
Debt has become a scarce for the real estate sector wherein the investors are manifesting interest in realty sector.
Source: The Economic Times
Debt, Indian real estate, June 2011, Mid-sized corporates, Milestone Capital Advisors, Outstanding credit, Private equity firm, Real Estate Developers, Real estate fund, real estate investors, Real Estate Sector, Realty sector, Reserve Bank of India (RBI)