Posts Tagged ‘real estate investment’

Auromatrix plans 4 new hotels, to invest Rs 500 cr

Aloft Hotels, a franchisee of Starwood Hotels & Resorts Worldwide, Inc, is planning to add 830 rooms across five cities in India by the first quarter of next fiscal with an investment of Rs 500-550 crore. Speaking to reporters after launching the company’s first hotel in India at Chennai, Kumar Sitaraman, chairman and chief executive [...]

Indian Realty Sector And Overview

PtIndian Real Estate Market has grown with time. The main reason for the accelerated growth can be contributed to the fact that the industry is very flexible in nature. The development has caused higher aspirations for better standards of living and a good quality of life. The rapid increase has been because of the relaxed [...]

Avoid real estate for short-term play: Prashasta Seth, India Infoline

Prashasta Seth, Senior Fund Manager IIFL Wealth, India Infoline, in a chat with ET Now talks about the real estate space. What is your view on real estate? Could people look at some of the stocks in this pocket? It is a pariah kind of a sector at this point of time with nobody actually [...]

Real Estate Invesment Trusts In Asia To Rise

The number of Real Estate Investment Trusts (REITs) in the Asian Continent is going to swell over the coming 3 to 4 yrs according to HSBC. It will be because of increasing call for investments in more risk disinclined properties. REITs invest in commercial properties mainly and pay rent collected from their properties to shareholders as dividend. This is [...]

Indiareit Raising Rs 350 crore for Domestic Realty Fund

Indiareit Fund Advisors, the Ajay Piramal group-promoted realty fund manger, was close to raising Rs 350 crore from high net worth individuals (HNIs) for its new property fund, said an executive. After doing so, it is setting its sights on raising a $250-million (Rs 1,100 crore) offshore fund, lined up for the next financial year. [...]

Buy A Commercial Property In Ahmedabad And Heave A Sigh Of Relief

By: Mahesh Chandra There is always a rush and tussle among people for the commercial property. People usually do not get all the desired facilities while buying a commercial property at a place. Either the place is appropriate in terms of the viability and future prospects or the price is much higher than the expectations. [...]

Great time to invest in rental property

What’s more, the real estate market is starting to recover: U.S. houses lost $489 billion in value during the first 11 months of 2009, but that was significantly lower than the $3.6 trillion lost during 2008, according to real estate Web site Zillow.com, “We haven’t seen home prices this low in so many years — [...]

JPMorgan, UBS Property Funds May Get $100 Million Investments

April 14 (Bloomberg) — JPMorgan Chase & Co. and UBS AG property funds may receive investments of as much as $100 million each from the Tennessee Consolidated Retirement System as the pension plan seeks to boost real estate holdings. The Tennessee system, with $29 billion in assets, is considering putting money in the open-ended JPMorgan [...]

Real Estate TV signs agreements with Cable Networks

New Delhi, India, April 02, 2008 – ‘Real Estate Television, India’s first 24×7 channel dedicated to Real Estate and Infrastructure, is now available in all metros and major cities across the country, it was announced here today. Among the major distribution platforms, Real Estate Television has signed agreements with Hathway and Amogh in Bangalore, Hathway [...]

REITs To Grow Globally At US$ 1400 Bln.: ASSOCHAM-CRISIL

Mumbai, India, April 03, 2008 – The Real Estate Investment Trusts (REITs) would have potential to hold at least 5% share of the total global real estate market by 2010, the size of which would turn to US$ 1400 billion in next 3 years, according to joint Paper prepared by the ASSOCHAM and CRISIL. The [...]