Triangle Fund to raise $200-m
Triangle Real Estate India Fund is looking to raise $200 million in the next few months through its second India retail-centric real estate fund.
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SAT upholds SEBI order; asks Sahara to refund Rs 24K cr to investors
The SAT on Tuesday, September 18, upheld an order passed by SEBI against two Sahara group companies and directed them to return money raised from the public in violation of securities regulations with an interest of 15%.
Azure to launch Rs 200-cr domestic fund next week
Realty fund manager Azure Capital Advisors will start raising around Rs.200 crore to invest in residential projects in the southern and western parts of the country from next week.
CREDAI Orissa donates Rs 5 lakh to CM’s Relief Fund for flood victims
The Confederation of Real Estate Developers’ Association of India (CREDAI) Orissa presented a cheque of Rs.5,01000/- for flood victims to the Chief Minister Naveen Patnaik.
MCHI welcomes CM’s move for sale-by-carpet area; calls for speedy reforms in real estate
The Maharashtra Chamber of Housing Industry (MCHI) has welcomed Chief Minister Prithviraj Chavan’s move to ensure sale of residential property by carpet area.
PE money in real estate down 20%
Private equity investment in India’s real estate sector declined by around 20.2% to $831 million (about Rs.3,740 crore) in the first five months this fiscal due to sluggish demand.
Knight Frank study funds India 2nd in global realty price growth
A study by international property consultants Knight Frank finds real estate prices in India have risen by 21.3 per cent over the past one year, making it the country with the second highest rise in real estate prices globally.
Reliance Capital arm to raise Rs 1500 crore via realty fund
Reliance Portfolio Management Services, a part of Reliance Capital Asset Management is all set to raise over Rs.1500 crore from the domestic market to invest in real estate projects around the country.
ASK Property Investment Advisors to raise Rs 10 bn by December
India’s ASK Property Investment Advisors aims to raise a Rs.10-billion ($219 million) fund by December in a bet on the long-term case for property in Asia’s third-largest economy, said a top official.
Mumbai commercial property market – mid-2011 update
The Mumbai commercial property market has displayed resilience in the recent past.