Tag: Lalit Kumar Jain

Realty Developers Seek More RBI Rate Cuts

May 7, 2013 – 6:10 pm

Recently Reserve Bank of India has cut its rates by 0.25 per cent. However this has not satisfied the realty developers, who say that the rate cut is insufficient to boost home sales. Reserve Bank of India has recently cut its rates by 0.25 per cent. Though the realty developers welcomed the RBI move, they […]

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Infinite India a Real Estate Fund Invests $13M in the Pune Project

May 1, 2012 – 1:19 pm

JM Financial group promoted Infinite India Investment Management has invested $13 million through its realty fund Infinite India Real Estate Fund in Pune-based developer Kumar Urban Development Ltd’s (KUL) residential project, said sources close to the development. The source privy to the development said the transaction has been inked recently for an equity stake in a high end […]

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Union Budget 2012-13: Builders say that Finance Minister has ignored ground realty.

March 17, 2012 – 4:41 pm

There were some who welcomed the proposals. Sachin Sandhir, MD, RICS South Asia felt it “exceeded expectations” given the pressures on the fiscal situation. Tata Housing MD and CEO Brotin Banerjee added, “Initiatives to make affordable housing available to a larger section of the society have only been met partially.” The top players in the […]

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