Element Capital to invest in low income housing

Q: How much the Element Value Housing Fund is planning to invest in low income housing?

Vivek Kulkarni,

13th February 2013

Other in Bangalore

element value housing fund

low income housing

residential property market

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The news comes at a time when the country’s dying residential property market is expected to see an uptrend in fortunes in 2013, because of the improved economic conditions. According to real estate experts, currently the residential property market is doing quite well and in future it will be better than the commercial real estate market.

Jignesh Kumar, Bangalore

14th February 2013

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According to fund manager, the Element value Housing Fund is expected to launch by this August, has received an amount of Rs 1,600 crore from pension funds, many high net-worth individuals and endowments.

Neeraj Rao,

14th February 2013

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Element Capital, a real estate-focused private equity firm is in the process of launching a billion-dollar fund. They are planning to invest the amount in low-income housing, as it looks to take advantage of a revive property market.

Anusha, Bangalore

14th February 2013

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The fund is expecting to make investment of $100 million per project, and will look to stay invested for at least five years, with the option of one-two year extensions

Venugopalan, Bangalore

14th February 2013

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