Tag: Real Estate Firms

Realty Firms Can Run Bank; Finance Ministry Opines

January 30, 2013 – 6:36 pm

Backing realty firms up, Finance Ministry said that RBI could permit realty firms to run banks in the private sector. Finance Ministry made the comment while talking about RBI’s new licensing policy. While speaking about the new licensing policy of Reserve Bank of India (RBI), Finance Ministry said that the realty firms also should be given […]

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RBI Tighten Ropes On Real Estate

July 6, 2010 – 9:10 am

sIn a recent development the Reserve Bank of India along with the Department of Industrial Policy and Promotion are working to streamline and regulate the access and use of Real Estate Firms regarding the External Commercial Borrowings (ECBs). This will be done through a monitoring mechanism which will ensure stricter norms from now on. RBI […]

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Unitech puts Delhi office on block

November 12, 2008 – 11:56 pm

India’s second-largest property firm Unitech has put on the block its 2-lakh square feet office at upmarket Saket in New Delhi. Market buzz suggests Unitech is in talks with HDFC to sell the property. Both Unitech and HDFC admitted the property was on the block, but refused to confirm the deal. “I cannot confirm till […]

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Asipac to launch real estate fund

March 6, 2008 – 4:56 am

BANGALORE: Realty marketing and consultancy firm Asipac Projects is close to putting together a real estate fund, in association with a few institutional investors. The move by the company , aimed at widening the scope of the company’s services is part of a series of initiatives that will roll out in the coming months. According […]

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