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.
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Properties worth Rs 3K cr to be displayed at GIHED show
More than 500 real-estate projects worth over Rs.3,000 crore will be on display at a property show organised by Gujarat Institute of Housing and Estate Developers (GIHED).
Buzz in New Chandigarh as DLF starts development work in Hyde Park Estate
Punjab’s first planned eco city, christened New Chandigarh by the State Government, has started to buzz with the major real estate developers and housing societies.
FDI inflow to real estate lowest in 4 years
Foreign direct investment (FDI) in the real-estate sector last year was the lowest in four years, but private equity activity gained momentum during the recent months, according to a study by an Indian industry chamber and a global accountancy firm.
Kerala plans realty regulator
The Kerala Government has proposed to constitute a real estate regulatory authority to monitor and guide builders and developers in the State.
Realty sector foresees black Diwali post repo rate hike
The repo rate hike by the Reserve Bank of India (RBI) by 25 bps seems to have spoiled the festive spirit of the real estate sector.
Sahara had 2 crore investors in one firm
Sahara India Real Estate Corporation had garnered investments from over 2 crore investors through three separate securities, according to an affidavit the company filed on Wednesday, September 14.
SAT asks Sahara to file an affidavit on capital collection
The Securities Appellate Tribunal (SAT) on Wednesday, September 7, asked Sahara to file an affidavit explaining the method by which entities of the group had raised thousands of crores of rupees from investors through convertible instruments.
Investor plea to join SEBI-Sahara dispute rejected
The SAT on Tuesday, September 6, rejected an application by an investor of Sahara Housing Investment Corp to become a party in the ongoing dispute between the Sahara group companies and the market regulator SEBI.
Sahara challenges govt stand on OFCDs issue at SAT
Why did the Central Government register its debenture-issue prospectus and then take well over a year to suddenly say it didn’t agree, asked counsel for the Sahara group of companies at the Securities Appellate Tribunal (SAT) today.