Property News from IndianRealtyNews |  |
| Loan Scam May Encourage PE Funding in Real Estate Posted: 06 Dec 2010 01:46 AM PST With the 'bribe-for-loan’ scam casting a shadow over builders’ access to bank lending, real estate funds and private equity (PE) players now sense a business opportunity. They are actively scouting the deal street for bargains, hoping that the loan scam will put more equity transactions on the table and prompt "realistic" valuations in deal signing. [...] |
| Scam Hit Indian Real Estate Sector in Acute Need of Regulation Posted: 06 Dec 2010 01:36 AM PST The year 2010 will probably go down in India's history as the year of scams. As always, the authorities swing into action after the event. Regulations and compliances notwithstanding, scamsters continue to devise and leverage the loopholes. Unregulated sectors, such as real estate, which is in acute need of regulation, probably demonstrate best the investors' [...] |
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