Kotak Realty Fund Partners DivyaSree Developers to develop & acquire commercial office

By Rohit Sharma BENGALURU: Kotak Investment Advisors Limited (KIAL) today announced that it has launched a new fund which will partner with DivyaSree Developers, a leading Bengaluru-based real estate developer, to develop and acquire commercial office assets across India. “The $400 million India Office Assets Fund I is anchored by a wholly owned

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

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

Slum redevelopment succor for falling realty sector

By Accommodation Times (www.accommodationtimes.com) Mumbai: Mumbai’s slum redevelopment has become the most important factor for realtors as well as investors. As real estate sector is not doing well from last couple of years, slum redevelopment has come out to succor for falling property market. Builders, developers, financial investor everyone wanted to

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

Suraksha-Dosti to acquire Jaypee Infratech Ltd for over Rs 7,300 Cr

By Accommodation Times Bureau NEW DELHI Suraksha Asset Reconstruction Company and Mumbai-based Dosti Realty are set to acquire a Noida based firm Jaypee Infratech with a bid of 7,350 crores. An insolvency-hit company, Jaypee Infratech that has to deliver around 25,000 houses in Noida. “The Joint Venture has surpassed other leading competitor by a