DLF is looking at setting up a Rs 800-crore venture capital (VC) fund with a mandate to invest in companies engaged in equipment management and construction activity. This is being seen as a strategic move by DLF to support its rapidly expanding construction activity. The Delhi-based firm has filed the documents with market regulator SEBI […]
Tag: Construction
Private Equity Finds Welcome Mat On Indian Property
April 30, 2008 – 4:33 am
Private equity funds sense their time has come in the Indian property arena, with developers offering plum deals as banks tighten lending and a stock market slump shuts off public share offerings. Since India eased rules on inward investment in the construction industry in early 2005, foreign investors have earmarked an estimated $20 billion for […]
Realty seeks tax, input price relief
February 25, 2008 – 2:42 am
New Delhi: Real estate companies wish for taxes to be lowered and prices of construction materials controlled in the forthcoming budget. Vipin Agarwal executive director of Omaxe Ltd states that they want tax breaks on infrastructure, which were there till last year. Infrastructure improvement is important for the improvement of the country. So they should […]
