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Tag: Estate Assets

Unitech sounds out PEs to sell hotel properties

November 18, 2008 – 3:44 am

Unitech, the country’s second-largest listed real estate company, has put on the block all its six hotel projects under construction to reduce its capital expenditure and raise cash to fund its other ongoing projects. The company is in talks with a few private equity investors to sell all its six properties, being constructed at Gurgaon […]

By | Posted in Property News | Also tagged Affordable Housing, Capital Expenditure, Crore, Development Sector, Divestment, Economic Scenario, Economic Summit, Finance Market, First Hotel, Gurgaon, Hospital Chains, Hotel Business, Hotel Project, Hotel Projects, Hotel Properties, Housing Finance Companies, Housing Loans, Housing Market, Mahindra And Mahindra, Mahindra Group, Mid Market, Mr Chandra, New Houses, Ongoing Projects, Private Equity Funds, Private Equity Investor, Private Equity Investors, Rs 250, Target, Tie Ups, World Economic Forum | Comments Off

Real Estate MFs To Draw In More Foreign Money

May 21, 2008 – 8:37 am

Some things make the Reserve Bank of India (RBI) paranoid. The invasion of foreign money in the Indian property market has always been a familiar theme that rang alarm bells on Mint Street — the central bank’s headquarters. Whenever it sensed an alarm, the regulator moved in to clamp down on such money flows. Even […]

By | Posted in Property News | Also tagged Alarm Bells, Asset Price, Bank Of India, Foreign Money, Hybrid Instruments, Institutional Investor, Investment Rules, Mint Street, Mortgage Backed Securities, Mutual Fund Schemes, Nris, Price Bubbles, REMF, Reserve Bank Of India, Sebi., Securities And Exchange Board Of India, Venture Capital Funds | Comments (1)