Tag: Saffron

Corporates Float Money To Attain Assets In Property Market

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 […]

Yatra Capital Invests $7 Million In Kolkata

Yatra Capital Ltd, the Euronext listed real estate company, has invested $7 million for a 40% stake in Jalan Intercontinental Hotels Pvt Ltd, a company that is building a two hundred room business hotel in Kolkata. The hotel will be supervised by Indian Hotel Ltd under the Taj Gateway brand. The hotel will be built […]

Industry Gambles On Long-term Prospects Of Real Estate

Increasing interest rates and a declining demand may dent the realty market in India. However, the long-term forecasts for the sector continue to be good, senses the industry. At a seminar on the real estate market in India here on 27th June, most of the realty players confessed that there was a liquidity crunch due […]

Saffron Group Wants Foremost Place In Realty Funding

Real estate private equity firm Saffron Group on 25th may said it has chalked out a two-sided plan to become a leading player in the market staying put for a minimum 5 yrs in upcoming properties and buying out properties with assured rental income. The Group, a brainchild of Ajoy Veer Kapoor and his peers […]