Tag: Foreign Investors

Foreign Investors shift to commercial sector

With home prices dropping in India, foreign investors are now planning to shift their investment from residential market to commercial real estate. Many of the cities have witnessed a fall of prices in the residential sector. Moreover many unsold residential properties remain in many of the cities without finding any takers. All these factors drive […]

Market expects speedier, steeper rate cuts

RBI may be forced to cut interest rates earlier than planned and more aggressively than previously hoped, as it comes under pressure to navigate an already faltering economy away from the turbulent economic aftershocks of the Mumbai terror attacks. Last week’s attacks, which killed around 200 people, targeted key symbols of enterprise in a city […]

Terror impact is a temporary setback

Rating agencies and foreign investors do not see any impact on the prospects of the economy because of terror attacks in the financial capital. The meltdown in the global financial markets is still a larger concern. Past experience has shown that markets have reacted only temporarily to such extraordinary events. Although some reports do not […]

Foreign Insurers Set to Invest Heavily in a Cash-Starved India Market

India’s latest move to liberalize its insurance sector may create the long-hoped-for opening for foreign insurance companies to advance into the under-developed market. But while business is thriving, foreign insurers must face reality checks in the form of the country’s limited capacity for infrastructure and system supports, competition from public insurers, operating expenses and investment […]

Government In A Fix Over Lehman Realty Assets

The department of industrial policy and promotion (DIPP) and the Reserve Bank will shortly meet to evaluate the situation arising out of Lehman’s collapse, as the US giant has $500-million investment in Indian real estate projects. Foreign investment norms for real estate do not allow repatriation of funds within three years of investment. The RBI-DIPP […]

Investment Cos Selling Assets At Throwaway Prices

Lack of provisions in the country’s bankruptcy laws to deal with cross-border insolvency may force Western investment companies hit by global credit crunch to sell off their assets in the country at throwaway prices instead of being able to sell their worldwide assets in one go to obtain a better price. Since Indian courts do […]

Problem With FDI In Real Estate

Before the globally-popular real estate mutual funds (REMF) take off here, RBI has raised a red flag. It has argued that the funds would lead to circumvention of foreign direct investment (FDI) in real estate that places limitations on foreign investors.

Saffron Asset launches $500 million real estate fund

MUMBAI, April 4 – Fund manager Saffron Asset Advisors is raising a maximum of five hundred million dollar through an India- focused real estate fund, and has agreed for Standard Life as anchor investor, a top official said on Friday. Saffron’s Managing Director A. V. Kapoor stated that Standard Life will invest seventy five million […]

Wait and watch before investing

An international real estate agent Knight Frank predicts that the Indian property boom which lasted for the majority of 2007 is likely to continue into 2008, but it could be tempered by the credit crunch. For the same reason he advising buyers to “wait and watch for a month” before deciding to invest.