While Indian real estate attracted more than $5 billion in private equity inflows in 2019, firms from US, UAE and Singapore remain bullish on the sector even as Japanese and South Korean investors are evaluating options in 2020. As per data made available by Anarock Capital, US-based Blackstone remains bullish […]
Godrej Properties To Acquire 26 Acres In Central Delhi To The Tune of 1359 Crores
Godrej Properties, real estate arm of Godrej Group, has entered into a pact to acquire a 26-acre land parcel in central Delhi’s Ashok Vihar locality for Rs 1,359 crore. The Mumbai-based developer will be acquiring this plot from the Railway Land Development Authority. The payment for this land will be […]
14 Stock Projects For Last Mile Funding Through AIF Referred By LIC Housing Finance
LIC Housing Finance Ltd. has referred 14 real estate projects for last-mile funding through the alternative investment fund (AIF) created to revive stalled housing projects, said chief executive Siddhartha Mohanty on Friday. Mohanty told reporters that LIC Housing Finance’s exposure to these projects is about ₹1,100 crore and it is the […]
Check For These Legal Documents if Buying A House
Owning a house is often a dream for many. Buying a property, wherever it may be, is a long-drawn-out process. There are several hurdles that prospective homeowners need to cross, including having to deal with brokers, tenancy laws and even property condition, not to mention financing. Every document and procedure […]
Negative Outlook on Real Estate for FY 21 Maintained By India Ratings
India Ratings and Research (Ind-Ra) has maintained a negative outlook on the overall real estate sector for 2020-21 (April-March). The stimulus packages provided by the government for the sector does not provide much hope given the limited financial flexibility of and reduced credit availability to companies. The ratings agency has […]