Tag: Office Buildings

Land purchase for SEZ comes under commercial realty

The RBI’s draft guidelines on classification of commercial real estate exposure of banks may provide some relief on loans provided for acquisition of units in special economic zones. However, RBI has not found merit in the commerce ministry’s argument to keep loans for special economic zone development outside the domain of commercial real estate coverage. […]

India Real Estate Infra Fund Looking For $100 mn Mop-up End June

MUMBAI: Mauritius-based India Real Estate Infrastructure Fund’s first round of fund raising exercise will come to an end by June by which it plans to mop up one hundred million dollar. Launched in January, the fund targets a mop-up of two hundred fifty million dollar from across the world for private placements in Indian real […]