The real estate sector in India has been lucrative for savvy investors over the last decade, but it has not been without accompanying uncertainties. The introduction of REITs (Real Estate Investment Trusts) will open up a platform that will allow all kinds of investors – even those with smaller budgets – to make safe and… Read More »
The Anil Ambani controlled Reliance Infrastructure has filed its papers with securities and exchange board of India (Sebi) last week seeking approval for its trust structure. They are starting the documentation process for its draft red herring prospectus (DRHP) from today and plan to finish it by October end,” said the first person mentioned above,… Read More »
The world’s largest private equity manager Blackstone Group, which is also the most prolific investor in Indian commercial properties, is finalizing plans to raise Rs 4,000 crore (about $600 million), through a listing of Real Estate Investment Trust (REIT) on the domestic stock exchanges, people directly familiar with the matter said. This will perhaps be… Read More »
