Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Occupied Buildings the New Favourites for PE Investors

Posted: 11 Jul 2011 08:10 PM PDT

Occupied commercial buildings are the new favourites for private equity investors in the real estate sector. In a property market where developers are trying to manage cash flows to reduce debt and fund development projects, dedicated rental yield funds like IL&FS Milestone Fund and JM Financial Real Estate Income Fund have bought into such assets, [...]

Lavasa Project Has Not Received MoEF Approval, Jairam tells Hazare

Posted: 11 Jul 2011 07:23 PM PDT

Reacting sharply to social activist Anna Hazare’s letter addressed to Congress president Sonia Gandhi on Lavasa’s hill city project near Pune, Union Minister for Environment and Forests (MoEF) Jairam Ramesh has shot off a reply to him saying the project has not received the Ministry’s final approval yet. Hazare urged Gandhi to issue directions to [...]

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