SEBI recently has requested Supreme Court to hear all the cases against Sahara. The market regulator demanded that all cases must be transferred to the apex court for its hearing. Securities and Exchange Board of India continues to be aggressive against Sahara firms. Recently SEBI has requested the Supreme Court to hear all cases against […]
By skgupta
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Posted in Property News
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Tagged Lucknow High Court, Sahara Group, Sahara Housing Investment Corp Ltd, Sahara India Real Estate Corp Ltd, SAT, SEBI, Securities And Exchange Board Of India, Securities Appellate Tribunal Mumbai, SHICL, SIRECL, Subrata Roy, Subrata Roy Sahara, Supreme Court
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Supreme Court has asked two Sahara firms and the group head Subrata Roy to answer the market regulator SEBI in a week. After hearing the contempt petition submitted by SEBI, Supreme Court has ordered two Sahara firms and the chairperson and managing worker of Sahara Group Subrata Roy to reply the petition of SEBI within […]
By skgupta
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Posted in Property News
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Tagged Market Regulator, Sahara, Sahara firms, Sahara Housing Investment Corporation, Sahara India Real Estate Corporation, SEBI, Securities And Exchange Board Of India, SHICL, SIRECL, Subrata Roy, Subrata Roy Sahara, Supreme Court
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The pleas of Subrata Roy Sahara and three others against the market regulator SEBI will be heard by Securities Appellate Tribunal (SAT). Securities Appellate Tribunal will hear the pleas submitted by Sahara Chief Subrata Roy. Along with Roy, three other top executives also have pleaded against SEBI in front of SAT.
February 25, 2013 – 5:33 pm
After attaching the properties and the freezing their accounts, The Securities and Exchange Board of India (SEBI) asked the people not to enter into any dealings with the Sahara group. A couple of weeks back, SEBI attached the properties of two Sahara Group firms. The attached properties include both movable and immovable properties. Failing to […]
Sahara Group has recently bought a land parcel in Bangalore. The deal was fixed at price worth Rs.149 Cr, said sources with direct knowledge. Even when they are daily tortured by the SEBI, the Sahara group thinks of only expansion. The group seems least worried about their attached properties and the huge number of cases […]
By skgupta
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Posted in Property News
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Tagged Aamby Valley, Bangalore real estate, Delhi Real Estate, Gurgaon real estate, land purchase, Sahara, Sahara Group, SEBI, Securities And Exchange Board Of India, Subrata Roy, Subrata Roy Sahara
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Nearly 18 real estate firms will face probe by the central government. These real estate firms are alleged of forgeries. Some of the real estate firms are alleged of forgeries. Besides the charges of forgeries, some of them are alleged to conduct dubious schemes of investment.
By skgupta
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Posted in Property News
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Tagged Ecogreen Real Estate India Ltd, IHI Developers India Ltd, Ken Infratech Ltd, Maxworth Buildtech Ltd, minister of state for finance, Namo Narain Meena, Nicer Green Housing, realty firmsdubious investment schemes, Royal Infra Towers Ltd, Sukhchain Singh, Taneja Developers
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February 11, 2013 – 6:31 pm
DLF, India’s largest real estate developing firm, plans to raise Rs.2,100 Cr through institutional placement program (IPP). DLF plans to sell nearly 8.1 Cr shares to raise the amount. DLF is all set to raise a huge fund through institutional placement program – market system in which the stakes of the seller-firm are sold to […]
December 6, 2012 – 7:13 pm
The Apex Court of India harshly condemned Sahara Groups for their failure. Sahara Groups failed to refund its investors Rs.27000-Crore. Sahara Groups was further ordered to refund the amount within a week by SC. Sahara India Real Estate Corporation Ltd and Sahara Housing Investment Corporation Ltd (SIRECL and SHICL respectively) had been fined Rs.27000-Crore. These […]
Anand Rathi Financial Services and property consultancy Knight Frank India are planning to launch their second real estate fund by end of this months and looking to raise around Rs 500 crore (~$100 million), sources close to the development told VCCircle. Unlike its peers who are hitting foreign shores to raise new funds, the joint fund rental yield […]
Photo by avlxyzEmbassy Property Development, a Real Estate Firm has planned a public issue of Rs. 2400 cr to Finance Realty Projects. It has already filed Draft Red Herring Prospectus (DRHP) with the market regulator SEBI. The firm also plans on considering pre-IPO placements of Rs. 1175 cr worth of equity shares. Embassy Properties have […]
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Tagged Business Park, Capital Ltd, Cr, Domestic Projects, Edelweiss, Investments, IPO, Loans, Market Regulator, ndia pvt ltd, Nomura, Ongoing Projects, Placements, Proceeds, Prospectus, Red Herring, SDN BHD, sq ft area, Ubs, UBS Securities
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anIndian Real Estate Developers have fastened their seatbelts to come at par with their counterparts in other parts of the world. This has been started by the formation of new boards and committees which will include leaders from the Real Estate and Infrastructure sector of the country. The move was initiated by RICS (Royal Institution […]
December 25, 2008 – 2:27 am
The year 2008 may have been a forgettable one for equity investors, but it offered a golden opportunity to many promoters to raise their holdings at dirt cheap prices. Promoters have been on a stake-raising spree for most part of the year, primarily due to attractive valuations, and in some cases, as a desperate measure […]
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Tagged Attractive Valuations, Desperate Measure, Equity Capital, Equity Investors, Gitanjali Gems, Golden Opportunity, Iyer, Lakh Shares, Market Analysts, Mastek, Mehul, Niit, Praj Industries, Professional Manager, Sebi Move, Stock Exchanges, Takeover Attempts, Vinayak
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September 25, 2008 – 12:25 am
Expecting huge value erosion in the realty space, corporates have started to float new funds to acquire assets in the domestic property market. Corporates such as the Aditya Birla group, GMR Infrastructure, Akruti City, Bangalore-based Nitesh group and Saffron Advisors have either floated or are in the process of floating funds with corpus ranging between […]
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Posted in Property News
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Tagged Aditya Birla Group, Capital Management, City Bangalore, Corporates, Dcm, Deutsche Capital Management Ag, Domestic Banks, Due Diligence, European Investors, India Real Estate, Initial Response, Maximum Limit, Nitesh Shetty, Real Estate, Saffron, Vimal Shah
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While foreign portfolio investors have been selling stocks of Indian companies, overseas venture capitalists continue to invest in Indian assets. In a sharp contrast to foreign institutional investors (FIIs) selling shares worth Rs 15,000 crore in the first quarter, foreign venture capital (FVC) investors have invested close to Rs 17,000 crore in Indian assets during […]
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Tagged Asset Prices, Dow Jones, Foreign Institutional Investors, Fvc, Navin, Nm Rothschild, Overseas Venture, Portfolio Investors, Selling Shares, Selling Stocks, Upward Momentum, Venture Capital Investments, Venture Capital Report, Venture Capitalists, Venture Funds, Venturesource, Wadhwani
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At a time when the real estate sector is hard-pressed for funds, the real estate mutual funds (REMFs) are yet to take off, in spite of being granted permission 3 months ago. This is due to unclear rules about their tax treatment. REMFs, which were touted as key instrument enabling retail investors to take part […]
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Posted in Property News
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Tagged Capital Gains Tax, Debt Funds, Direct Taxes, Dividend Distribution, Estate Assets, Exchange Board, Finance Ministry, Income Tax Act, Income Tax Act 1961, Mortgage Backed Securities, Mutual Funds, Real Estate Sector, Realty Companies, REMF, Retail Investors, SEBI, Tax Incentives
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Trashing the age-old belief that a fall in equities would result in flattening real estate prices, high net worth investors (HNI) are pushing wealth advisers for more exposure to realty assets. According to industry sources, the coming months are expected to witness the launch of real estate portfolio management services (PMS) by wealth managers. Though […]
The real estate sector has hogged the attention among favored investment avenues for a host of venture capital funds (VCFs) and foreign venture capital investors (FVCI) during the preceding fiscal. Amongst different sectors, together with IT and telecom, real estate alone attracted twenty percent of the total investments made by both VCFs and FVCIs during […]
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Posted in Property News
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Tagged Exchange Board, India, Investment, Investment Avenues, Last Investments, Real Estate Sector, SEBI, Service Sector., Telecom, VCF, Vcfs, Venture Capital Investors
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MUMBAI – Indian market regulator, the Securities and Exchange Board of India (SEBI), said it has amended the regulations to allow domestic fund houses to start real estate mutual funds (REMF) in the country. In a release, the regulator said however that existing mutual funds have to fulfill certain conditions, such as having an sufficient […]
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Posted in Property News
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Tagged Asset Management Company, Associate Companies, Exchange Board, Market Regulator, Mortgage Backed Securities, Mutual Funds, Real Estate Company, Real Estate Fund, SEBI, Securities And Exchange, Securities And Exchange Board Of India
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February 18, 2008 – 2:45 am
With banks lowering housing loan rates and RBI signaling a downhill fashion in property prices, investors have a cause to smile. After all, they can now go ahead and buy that, in demand piece of property, feeling a little less culpable about not making the investment when rates were much lesser. For all those who […]
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Posted in Property Investment, Property News
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Tagged Capital Advisors, Housing Loan, Infrastructure Funds, Loan Rates, Mutual Fund, Net Asset, Rbi., Real Estate Investment, Rental Agreements, Residential Property
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