IIFL Plans To Raise Two New Real Estate Funds

After closing its two earlier real estate funds, India Infoline Ltd (IIFL) plans to raise two new funds. These new funds will be invested for developing a residential and office space projects.

India Infoline Ltd (IIFL) has announced that it would close two old real estate funds soon and start raising two new funds. IIFL plans to raise the new funds from domestic investors. The funds will be probably be used for developing residential or commercial projects. Continue reading

SEBI’s Approval of New AIFs Widens Real Estate Investment

Securities and Exchange Board of India (SEBI) approved two more entities with the view of setting-up Alternative Investment Funds (AIFs). AIFs are regarded as newly created class of pooled in investment in private equity (PE), other hedge funds. This will invite real estate investment also. Continue reading