ICICI Venture to raise money for real estate fund
ICICI Venture Funds Management plans to raise Rs.7.50 billion to Rs.10 billion ($167 million to $223 million) for its second real estate fund.
ICICI Venture Funds Management plans to raise Rs.7.50 billion to Rs.10 billion ($167 million to $223 million) for its second real estate fund.
The Reserve Bank’s decision to raise key policy rates by 25 basis points today is likely to have a negative impact on the real estate sector.
The government Friday said it is committed to providing affordable housing to all and that work is underway on a real estate regulation bill.
Home sales are down, cash flows are drying up but builders just can’t cut on advertising.
The decision on allowing external commercial borrowings (ECBs) for the real estate sector still hangs fire with the Finance Ministry and the Reserve Bank of India holding opposing views.
EduMark Realty Education has announced the opening of admission in its different real estate courses in Delhi.
The Indian rental housing sector is seriously under-serviced by the organized real estate industry.
Private equity investors are poised to exit roughly $5 billion worth of Indian real estate investments in the next two or three years, a Nomura report said.
Over the last six to seven years, the number of investors who enter the residential real estate sector for the purpose of capital appreciation has been increasing.
India is rapidly urbanizing, not only in form and features but, from within.