Time to exit : Realty Funds

By Dr Sanjay Chaturvedi Accommodation Times News Services Realty Funds all started their venture with big names in different segments and different cities in 2009-10 are all wants to restructure their investments. In this process, almost all funds wants to exit ongoing projects. Many have already started in 2014 and others are

Death of Real Estate Mutual Funds

Accommodation Times News Services By Dr Sanjay Chaturvedi Permitted in 2008 by SEBI, Real Estate Mutual Funds had perpetual problem of Daily NAV and Transparency in the sector. The Returns on Investment, (ROI) demanded was 35 to 60 by Real Estate Mutual Funds (REMF) from fund starved real estate industry. But where such

RBI’s hiked Repo Rate by 25bps concerns the real estate industries

By Accommodation Times News Service The RBI (Reserve Bank of India) in its Second-Quarter Review of Monetary Policy 2013-14  hiked the repo rate by 25 bps (basis points) to 7.75%.          Chanda Kochhar, MD & CEO, ICICI Bank RBI’s continued move towards normalizing monetary policy operations, through reduction in the MSF rate and increase in the

Indian real estate market will be funded by Abu Dhabi Investment Authority

By Accommodation Times Bureau Indian real estate market is going to witness an investment from Abu Dhabi Investment Authority (ADIA) soon. The company is planning to invest $200 million in the Indian real estate market; they are interested in investing in India, the Gulf sovereign are diversifying their funds from developed

Real Estate takes domestic venture funds

By Accommodation Times News Service A venture capital is the fund or capital provided to business typically for new/untested ideas. Venture capital normally comes in where the conventional sources of finance do not fit in. it the capital funds that manage venture capital money, these funds aggregate money from several investors

Godrej Properties India’s first company to complete an Institutional Placement Programe

By Accommodation Times Bureau The Mumbai-based real estate developer’s IPP issue was oversubscribed MUMBAI: Godrej Properties Ltd. (GPL) (BSE scrip id: GODREJPRP), the real estate development arm of the Godrej Group, announced that it has successfully concluded its Institutional Placement Program (IPP) which closed for subscription today. GPL became the first

Real Estate Investment Summit in Mumbai

ACCOMMODATION TIMES - Presents India Real Estate Investment Summit 20th January 2012 Nehru Center, Mumbai Time : Conference - 03:00 PM to 07:30 PM and Cocktail Dinner - 07:30 PM Onwards Programme for Builders & Developers - Summit I Session I Registration 3.00 pm - 4.00 pm Session II NRI & FEMA Regulations 4.00pm - 5.00 pm Session III Customer Behavior 5.00 pm -

Goregaon IT Park of Kotak Realty sold for Rs. 385Cr

By Staff Reporter Kotak India Real Estate Fund-I, a $100 million (Rs 450 crore) fund managed by Kotak Realty Fund, has sold its stake in Peepul Tree Properties Pvt. Ltd to Tata Realty Initiatives Fund-I, managed by Tata Realty and Infrastructure Ltd, for Rs 385 crore. Kotak Realty manages around $800