SEBI will auction properties of Ravi Kiran Realty and GSHP Realtech on April 16, 2021, to recover investor money. The properties are located in West Bengal.
The Asia-Pacific real estate market faces volatile conditions driven by interest rate changes, although the concerns around COVID have lessened. India's investments have risen by 16%.
Knight Frank India appoints Harry Chaplin Rogers as Director of International Capital Markets to bolster investment opportunities for clients in the flourishing Indian real estate market.
IL&FS Investment Managers Ltd (IIML) intends to launch a new fund under Yatra Capital, an India-focused real estate investment firm, pending shareholder approval and market conditions.
Indian real estate sees 3-year high in Q1 PE deals despite lower investment values
Several major Indian real estate developers, including Emaar MGF and Godrej Properties, plan IPOs in the current year, signaling a potential recovery for the industry.
The US financial crisis impacts India's growth, ADB lowers India's GDP forecast to 7-7.4%, citing global economic woes and fiscal imbalances.
NRI loan interest rates vary based on borrowing reasons. The RBI's new directive limits lending against NRI deposits, targeting speculative investments in real estate.
Real estate attracted 20% of total investments by venture capital funds and foreign investors in the previous fiscal year.
Sebi's real estate mutual fund guidelines create uncertainty around taxation, valuation, and market entry for developers and fund houses.
Housing loan demand declines as interest rates remain high, with growth rates halving from 25.8% to 12% within a year, according to the Reserve Bank of India.
HDIL announced a $250 million investment from DE Shaw in its affiliate Mack Star Marketing for a commercial complex in Andheri amidst a challenging real estate market.