Latest Answer: But the early foreign beginner took that risk even though the DIPP never clarified the definition. That meant their investments could be questioned after they were committed. Last year, the DIPP finally came out with a definition for ''greenfield'' by saying that it was any project that had secured ''initial approvals.''
Latest Answer: Hi folks,
And at the same time investors in the PE Funds would ideally want funds to be invested in the first 12-24 months wherever the period of the fund is around 5-7 years. It clearly indicates that the first year is likely to see 35-40% of about $3 billion being invested.
Latest Answer: Hi,
Appreciate all response, Could anyone tell me what is the new updates of realty market in Pune, I am looking for 2 BHK unit in Pune in coming years.
Latest Answer: Maxheap Technologies, the company which runs online property listing portal, Commonfloor has raised R60.35 Cr from Google Capital, a growth equity fund backed by Google.
With this the 7 year old venture becomes the third Asian investee after Chennai-based enterprise software maker FreshDesk and China's optical technology company, InnoLight.
Q:Realty players hoping that Vibrant Gujarat Summint will bring some changes in FDI norms. They expect the relaxing of norms to rejuvenate the sector which is witnessing a slump.
Latest Answer: Hi Guys,
As per CREDAI vice president, the relaxed FDI norms will act as a booster dose for the real estate sector. There had been a deficit of trust from consumers, brokers and investors on builders, which will now be revived. Vibrant Gujarat will provide a boost to real estate sector, which will now get the attention of the government, industries and other countries.
Q:The real estate private equity market inflows which stood at around $1-1.5 billion per annum over the last few years, is likely to double in the next two years due to the relaxation of FDI norms.
Latest Answer: Yes Anuj,
Allowing 100% FDI automatic route in completed project for operation and management of not only townships but also shopping complexes and business centres, will enable developers to sell completed malls and integrated townships to foreign investors. This will significantly increase the volume of the retail real estate business. Am i right or not?
Q:Is it really true that Mumbai's commercial real estate market has had one of the strongest comebacks in the last few quarters? Can anybody highlights the reason behind it?
Latest Answer: As per the realty expert surrounding areas would definitely experience a boom in terms of new offerings and price hikes, since developers' interest here has increased.
Rates for both the commercial and residential market would increase, since properties in northern and central secondary business districts as well as the Bandra-Kurla Complex (BKC) Central Business District are the most preferred locations for investors.