Asset management companies through their alternate investment funds (AIF) foreseeing opportunity amidst disruption in real estate caused by coronavirus pandemic. The alternate investment funds are chasing for net worth positive stalled residential projects that require last-mile funding. Asset management companies and developers are not ready to put all the eggs in one basket. Discreetly, they […]
Investments Plans & Updates
Investments in InvITs dropped but REITs soared three-fold in H1 2020 by MF houses
The InvITs and REITs are emerging funds which attract mutual fund manager’s fancy compared to the previous year. Mutual fund houses infused about INR 735 crore in real estate investment trusts (REITs) in H1 2020 (Jan-Jun) against INR 249 crore in H1 2019. On the other hand, fund managers have invested around INR 4,968 crore […]
100 percent FDI in real estate into consideration by the government
A long-standing demand of the real estate industry to allow 100 percent foreign direct investment (FDI) for completed residential projects with occupancy certificates (OC) is finally being into consideration by the government. The Ministry of Commerce and Industry is considering relaxation in the FDI policy for the real estate sector of RERA registered completed projects […]
NPS subscriptions now available for overseas Indian citizens
The NPS (National Pension Scheme) is always perceived as a safe and reliable investment option for the future. The National Pension Scheme was notified from the 1st of January, 2004, for all government employees who joined their service from this date. It was extended later on for all Indian citizens from May, 2009, on the […]
Everstone considering real estate funding play in India
The private equity firm Everstone, that is focused mainly in India and South East Asia considers real estate lending a huge opportunity in the current scenario and is presently evaluating on setting up a credit fund so that it can be a potent lender to the real estate sector in India. Everstone was founded in […]
