With a focus on senior secured lending to residential projects in the real estate sector across Tier-1 cities in the country, Mumbai-based NBFC, Altico Capital has closed two deals worth Rs 130 crore for residential projects in Mumbai and the NCR. “We have closed an Rs 50 crore transaction with Noida-based Lotus Greens group for […]
real estate sector Archive
April 20, 2016 10:00 am
Offline checks before you buy:
Real estate is a big ticket item; a great deal of contemplation is required before you sign on the dotted line. A visit to past projects is a must and gauges the level of satisfaction of past buyers. Next, try to find if the developer has a strong intent to deliver the project on time. […]
April 2, 2016 6:30 pm
Indian residential segment to attract over Rs. 6,000 cr PE investments, say experts
Private Equity (PE) investments in Indian real estate sector have already raised $420 million in the first two months of 2016, as compared to $520 million for the whole of last year. Given its attractive rate of returns averaging at a high of 20-22% per annum, industry experts believe that Residential property in India is […]
March 25, 2016 10:30 am
First dream home? You have something to cheer about!
If you have been vying on that dream home for a long time but were waiting for the right time, it has arrived! In the 2016 Union budget, the Finance Minister has proposed an introduction of additional deduction on interest for home loans up to Rs 35 lakh, with a rider that the value of […]
February 8, 2016 10:30 am
Investment learnings of 2015
2015 will not be remembered for the gloom it brought to the residential real estate sector but for forging a solid base for sustained future growth. Few of the notable highlights of the year gone by are as follows: FDI rule relaxation will facilitate the flow of more investment in the country with the removal […]
January 3, 2016 10:00 am
How to sell your property in a dull market?
The real estate sector has been seeing a rough phase since past 2-3 years. in such times, selling off a property is indeed a struggle. Nonetheless, having a strategy in place to trade off your property proves beneficial in fetching a good price. Read on for some tips on how to go about with the […]
December 15, 2015 6:00 pm
Investment in real estate is about to touch seven years high with Rs 53,000 cr
At the end of 2015, the investment into real estate sector is ready to close with $ 8 billion or Rs 53,000 crore and it highest among last seven years. However; most of the money has come from borrowings as well as private equity (PE) route through NCD (non-convertible debentures). While looking to size of […]
November 23, 2015 10:00 am
Realty investments a hit with B-town folks!
Despite stagnancy in the real estate sector, bollywood stars continue to invest in property as these are safer deals. Let us take a look at some extravagant celebrity real estate transactions which have taken place recently. Actors Akshay Kumar and Aamir Khan purchased flats in Worli and Pali Hill respectively. Property registration documents reveal that […]
November 22, 2015 10:00 am
Concluded festival season brings little cheer for real estate developers
Now at least there is little cheer for real estate developers because of just concluded festival season, and all credit goes to the lukewarm response of end users and investors. Apart from better property price now key markets such as; Delhi, NCR and Mumbai are witnessing positive response from buyers. This festive season, which was […]
November 19, 2015 10:00 am
How will FDI impact Indian real estate?
The central government’s decision to ease the Foreign Direct Investment (FDI) norms will certainly bring in much-needed capital in the cash-crunched domestic real estate sector, but according to experts, it will further fuel the soaring prices. Property experts say the capital raised from FDI is not cheap. It comes with an interest rate of 20-25 […]