Tag Archives: Mutual Funds

Lenders force builders to start selling

October 20, 2008 – 6:03 am

MUMBAI:Financiers have started talking tough with Indian property firms in trying to salvage the money they had lent. “Sell-before-it’s-too-late” is a point that some of the big lenders are driving home, while a few overseas funds which had committed equity investments in tranches have gone into arbitration to wriggle out of the promise.
Most builders were [...]

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SEBI Issued Guidelines For MF Real Estate Schemes

May 23, 2008 – 5:58 am

After being on the backburner for over 7 yrs, the Securities and Exchange Board of India (SEBI) has released draft rules for mutual funds real estate schemes, bringing a lot of relief to the MF industry. SEBI has given authorization to two types of real estate funds.
While the first group is of real estate MFs [...]

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SEBI clarification on real estate MFs

May 3, 2008 – 6:58 am

MUMBAI: The SEBI on Friday said real estate mutual funds can invest in properties located in million-plus cities and urban agglomerations. Issuing a clarification, SEBI said the cities for investment by real estate mutual funds would include thirty five cities in million-plus urban agglomerates and twenty seven under the million-plus category as per the Census [...]

By manish | Posted in Real Estate News | Also tagged , , , | Comments (1)