Tag: Executive Director

IL And FS PE Plans Fresh Fund For the Euronext-Listed Yatra Capital

IL&FS Investment Managers Ltd (IIML), the country’s largest home-grown private equity firm by assets under management (AUM), is planning to launch a fresh fund under the banner of Amsterdam’s Euronext-listed Yatra Capital. Yatra Capital is an India-focused real estate investment firm, promoted by Saffron Capital Advisors. Archana Hingorani, chief executive officer and executive director of IIML, […]

Real Estate Market in Mumbai Looks For Some Upward Growth

The real estate market in Mumbai looks poised for some upswing after going through a lukewarm phase for the past few months. Evidently, there has been a marked increase in sales in March 2012 when 5,776 properties were registered, which is 37% more than the 3,639 registrations in the month of February 2012. Similarly, at least 50 […]

Brokers from Realty Sector bail out Real Estate Developers with buyback deals.

The prices are not moving up in metros for more than a year now and the buyers including investors are staying away from making a purchase decision, so brokers are in a fix currently. An Industry watcher said that the Real Estate Developers are facing a cash crunch in the NCR and Mumbai Metropolitan Region […]

Real Estate is one of the Most Profitable Investments.

Market study says, prices of residential real estate have increased in the last one year and is going to be the same in coming future which means buying flats close to commercial areas will help the investors to get good return due to the high rental income. Executive director of KDP Infrastructure, Tanuj Goel said: […]

Land for Development: By Godrej in Mumbai

April 17, 2010 Godrej Group, Mumbai’s biggest landowner, is likely to release by the end of this year in Vikhroli, a prime 35-acre chunk. In the recent path, this could be one of the largest drapes of unencumbered realty hitting the market. In the eastern suburbs, most of the large industrial plots sold to developers […]

PBEL City In Hyderabad Development Corridor

Mr Anand Reddy, Director of PBEL Property Development India Pvt Ltd, an Indo Israeli joint venture, poses with a model of PBEL City, a township comprising thirteen residential and two commercial towers of nineteen storey each on a twenty eight acre area situated in Hyderabad development Corridor in Rajendranagar mandal. PBEL, an Indo Israeli joint […]

Omaxe Sees Financing Costs Up 300 Basis Points

Real-estate firm Omaxe Ltd sees borrowing costs rising by as much as 300 basis points this fiscal year as interest rates in the country rise. Executive Director Vipin Aggarwal said that the firm will raise 5 billion rupees in the year ending March 2009. A deteriorating sales environment for property companies may also weigh, he […]