WiseX partners with Integrow Asset to launch India's first realty PMSThe portfolio will be managed by Integrow Asset Management and powered by WiseX’s proprietary technology. The fund aims to enable investors...
Midcap-focused PMS makes a killing, delivers 29% amid broader market routThe PMS carefully picked shares of asset-light companies that had reinvestment moats.
IL&FS makes a Rs 400-cr exit from Runwal Realty ProjectThe exit has been financed through sale of houses at the project.
Banks, auto and realty stocks cheer RBI's 25 bps rate cutThe BSE Realty index rose 0.96 per cent, the BSE Bankex gained 0.42 per cent, while the BSE Auto index edged 0.05 per cent higher for the d...
PE firm Sun Area exits Ekta project with 2-fold returnSun AREA exited the project, divesting its stake for Rs 256 crore. The fund, previously known as Sun Apollo, had invested Rs 135 crore in E...
DLF, Sobha, Prestige likely to give 30-40% returns: P Phani Sekhar"One can take some kind of investment positions in this stock; like may be a DLF or Sobha or a Prestige down south might be looked at."
Godrej Prop buys back Red Fort's 49 pct stake in Kolkata projectGodrej Properties has bought back private equity firm Red Fort Capital's 49 pct stake in a subsidiary in Kolkata, for an undisclosed amount.
Supertech raises Rs 100 crore from Reliance PMS for realty projectsRealty firm Supertech today said it has raised Rs 100 crore from Reliance PMS for development of housing projects in the national capital r...
Godrej Properties buys back HDFC PMS stake in two projectsGodrej Properties has bought back HDFC Asset Management Company Ltd's nearly 50 per cent stake each in the realty firm's two projects.
Reliance Capital plans Rs 1k crore realty focused fundReliance PMS, a part of the Reliance Capital, plans to launch its maiden realty-focused fund by end-2012, with commitments of Rs 1k crore.
HDFC PMS sells 50 pc stake in Runwal Group's Mulund project for Rs 250 croreHDFC PMS, has sold its 50 pc stake in property developer Runwal Group's project in Mulund suburb of Mumbai for Rs 250 crore.
- Runwal Group buys out HDFC PMS in Mulund project for Rs 250 crore
Runwal Group confirmed the exit while an email query to HDFC PMS remained unanswered. HDFC PMS had invested in the project at early stage o...
- ASK Property Investment Advisors invests Rs 100 crore in Shriram Properties' Bangalore project
Private equity firm ASK Property Investment Advisors today said it has invested Rs 100 crore in a housing project of Shriram Properties at ...
- Sebi may cap PMS fees on realty fund
The regulator wants portfolio managers to charge fee on amount invested and not on the proposed investment.
- Heard on Street
Real estate companies are in for a rude shock yet again. This time it is the brokers’ cartel that has slammed the doors in the face of prop...
- HNIs desert sinking stocks, hitch to realty PMS
High net worth investors (HNI) are pushing wealth advisers for more exposure to realty assets.
- Realty funds offering innovative investment avenues
Realty funds are now offering innovative investment avenues to the middle class and HNIs.