Property News from IndianRealtyNews

Property News from IndianRealtyNews

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RBI Asks Real Estate Companies to Restructure Deals with Foreign Investors

Posted: 13 Jun 2010 08:57 PM PDT

About a dozen companies, mostly in the real estate sector, have been told by the Reserve Bank of India (RBI) to restructure the deals they have cut with foreign investors. These local firms have recently brought in foreign direct investment (FDI) by selling convertible papers — notes that will convert into shares after a date [...]

Bengaluru Emerges as New Hotspot for Real Estate Investors

Posted: 13 Jun 2010 07:55 PM PDT

Bangalore or Bengaluru has gained popularity as an ideal place to settle, during one's working years and post-retirement, not just due to it's consistent and pleasant climate, but also because it has over the years', thrown up immense opportunities for worldclass education, work, etc. Today there are a significant number of non-Bangaloreans who have made [...]

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