Real Value to raise Rs 200 crore from PE
Track2Realty-Agencies: Chennai-based real estate firm Real Value Promoters Private Limited plans to raise Rs 100-200 crore from private equity (PE) players for its projects.
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Haryana govt notifies Development and Regulation Act
Track2Realty-Agencies: Haryana government has notified the Haryana Development and Regulation of Urban Areas (Amendment) Act, 2013 to regulate land use in the state.
Track2Realty Roundtable: Has ECB benefitted Indian realty-VI
I would like to ask the developer friends here when they say there is an ambiguity as far as ECB is concerned. Which are the funding routes that you find without ambiguity—whether it is private equity, QIP, IPO or any other route to raise money?
Gaurav Gupta: I would say there are multiple challenges for the sector.
Track2Realty Roundtable: Has ECB benefitted Indian realty-II
Ravi Sinha: Even in the Indian context, if you look at the places like Gurgaon. Had there been no infrastructure no one would be living over there and that is how NCR has evolved as a case study in satellite towns. But the disconnect is with the funding.
Cabinet defers decision on real estate regulator Bill
Track2Realty-Agencies: The Union Cabinet today deferred considering a draft law to set up a regulator for the real estate sector with provisions for jail term for the developer for putting out misleading advertisements about projects.
Bill to regulate real estate will not clip wings of players’
Track2Realty-Agencies: The proposed bill to regulate the real estate sector seeks to establish a transparent system of delivery and would not hamper the growth of the sector, a top government official has said.
Government mulling tough real estate regulator: Ajay Maken
Track2Realty-Agencies: Government plans to set up a tough regulator for the real estate sector with provisions for even jail term for the developer for putting out misleading advertisements about projects.
RBI managing shortages; realty expects to create surplus
Track2Realty Exclusive: A marginal rate cut/hike time again evokes reactions across the industries and the blame game continues where the Reserve Bank of India (RBI) defends its balancing act of controlling inflation and the industry captains slam its short term outlook of stop gap arrangement.
Realty players seek more cuts in RBI rate to boost sector
Track2Realty-Agencies: Real estate players and analysts on Tuesday welcomed the Reserve Bank’s move to cut short-term lending rates, but said that more such steps are needed to bring growth back to the sector.
Track2Realty Roundtable—Looking In and Looking Ahead-IX
Track2Realty Roundtable Panelists—Dr Anil Sharma, CMD, Amrapali Group
Sunil Dahiya—Sr Vice President, NAREDCO & MD Vigneshwara Developers
Harmit Chawla—MD, HCorp Realty
PK Tripathi, President, Unitech
Moderator—Ravi Sinha, CEO & Managing Editor, Track2Realty