Tag: ICICI

Sahara, ICICI, Bhushan Steel may buy Parsvnath’s Connaught Place land.

Sahara Group, ICICI Bank, Bhushan Steel, Bharti Realty, Red Fort Capital and Shri Lal Mahal are understood to be in the race among others to acquire Parsvnath Developers’ 1.18 acre of prime commercial land near Connaught Place in the National Capital. In January, Parsvnath had announced plans to monetise the KG Marg land, which it had bought […]

Rs. 1000 cr. fund to Realty by ICICI Venture

May 06, 2010 It has been known through some sources that by the end of this month, the venture capital firm promoted by ICICI Bank, the ICICI Venture is expected to launch a fund of Rs 1,000-crore for the domestic realty to invest in country’s residential projects. The plans are to end the fund in six […]

Slowdown Of Real Estate Affects Loan Industry

The slowdown in the real estate sector has started impacting the securitization of loans to the industry. The demand for such securities has dried up as debt mutual funds turn wary and cut exposure to these securities, considered the most illiquid of tradable papers. The market for loan securitization was Rs 31,000 crore, of which […]