CDC Group, the UK-based private equity fund-of-funds operator, is to invest $250m (pound 126m) in to three Indian infrastructure and real estate funds, joining a growing list of foreign groups targeting the sectors.
Making MMMFs part of one's portfolio should bring the overall risk down but one also needs to look at when these funds could be more revenue-adding to the portfolio.
L&T is planning a foray in PE fund in the real estate market with a Rs 4500 crore fund.
Real estate PMS are good options for high net worth individuals.
The WIRE Group, a consortium of international real estate groups, has lined up $1 billion investment over a period of two years for development of commercial properties in India.
Swiss firm to acquire 10-15% stake in the hotel chain.
The Pride Group of Hotels will float an initial public offering in the first quarter of 2008 to part-fund its expansion plans of Rs 340 crore.
India's largest private equity fund management company IL&FS Investment Managers Ltd said on Tuesday it will invest $100 million in QVC Realty making it the first venture capital-backed real estate start-up in the country.
Securities and Exchange Board of India and the Association of Mutual Funds In India are working together towards forming guidelines and regulations for real estate funds.
Ruling out any relaxation in regulations, market regulator SEBI on Saturday said it will soon allow real estate funds, short selling by big investors and a system of stock lending and borrowing.
Housing finance leader HDFC's bid to cash in on India's booming real estate got a boost with the government on Thursday allowing a global realty fund sponsored by it to invest up to $720 million (Rs 3,240 crore) in the country.
Larsen & Toubro Ltd said on Tuesday the country's leading housing finance company Housing Development Finance Corporation and HDFC India Real Estate Fund will acquire a 25 per cent stake in L&T Urban Infrastructure Ltd.
Securities and Exchange Board of India Chief M Damodaran on Thursday said the guidelines for the real estate mutual funds would be out next week and the much-awaited capital protection schemes too would be announced soon.
GE Commercial Finance will invest $63 million in the Indian IT Parks Fund, sponsored by Ascendas Pte Ltd.
The promoters who own the Leela brand will also be transferring the label to Brookfield for all hospitality businesses.
Public sector Dena Bank is awaiting Crisil rating before deciding on its real estate funding strategy, bank's M V Rao, chief managing director said on Saturday. Upon getting the rating, the bank would disburse at least Rs 50 crore (Rs 500 million) wo
Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with leading American CEOs from five different key sectors and highlighted the economic opportunities in India.
Experts say a lot of new wealth is being generated by promoters selling their stake.
At least 50,000 units of new residential property are set to come up over the next three years
Under Sebi guidelines, AIFs can operate broadly in three categories.
As with stocks, real estate and art, investing in start-ups has emerged as an asset class in itself.
Ajay Piramal bets highly on infrastructure, realty
Given its focus on the real estate sector, financial planners feel this scheme is not meant for first-time investors and any investor should only have 5 to 10 per cent exposure to this fund.
The SC bench directed the court-appointed forensic auditors to complete their detailed investigation on divergence of home buyers money by Amrapali group before March 22 and list the matter for hearing on March 24.
Under Sebi guidelines, AIFs can operate broadly in three categories.
It is raining private equity funds in the logistics and warehousing space.
Bigger companies are signing equity JVs with global investors.
Pallon has already joined the boards of some of the unlisted companies such as Afcons
'Indian non-bank lenders stand exposed to a deteriorating credit quality environment.' 'Such a deterioration could put at risk the value of NCDs purchased by the mutual funds and expose investors in bond and liquid funds to a risk of capital loss.'
The revival in Mumbai's property market could help the group.
8 out of 12 sectoral indices closed in red with BSE IT and Healthcare indices losing 0.5%.
A stable government at the Centre and its plans to set up smart cities has revived investors' interest in the country with Mumbai, Delhi and Bangalore set to emerge as hot investment destinations in 2015.
Indian property markets are not in the pink of health.
A customer wanting to buy a car would have to wait a long time for delivery.
High net worth individuals (HNIs) are considered more investment-savvy than retail investors.
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!