As residential prices continue to rise across Indian cities, a quieter reassessment is underway among property investors. The question is no longer whether real estate belongs in a portfolio, but what role it should play. Fractional real estate structures allow investors to participate in income-generating assets without acquiring entire properties. (Photo for representational purposes only) […]
Mala Gaonkar’s hedge fund tripled its assets to about $6 billion just three years after it started trading, marking one of the fastest-growing debuts in history. Her SurgoCap Partners was the largest-ever woman-led debut in an industry dominated by men when it launched with $1.8 billion in January 2023. Gaonkar, 56, uses data science to […]
The Reserve Bank of India’s holdings of US Treasury bonds have fallen to a five-year low as India pushes to support rupee versus the US dollar and diversify its forex reserves, joining a broader shift by some major economies out of the world’s biggest bond market. A man walks past a logo of the Reserve […]
Deutsche Bank AG’s India retail assets and wealth management have drawn binding bids from Kotak Mahindra Bank Ltd. and Federal Bank Ltd., according to people familiar with the matter, as the local lenders pounce on opportunities from foreign players seeking to exit the crowded banking market. Deutsche Bank’s India assets that are up for grabs […]
NEW DELHI: The Enforcement Directorate (ED) said on Wednesday that it has attached assets worth ₹400 crore as part of its money laundering probe against the Jaypee Group. The immovable assets were attached under the Prevention of Money Laundering Act (PMLA) (Facebook/tarunpaleo) The immovable assets attached under the Prevention of Money Laundering Act (PMLA) belong to Jaiprakash […]
New Delhi, Jan 7 (PTI) The Enforcement Directorate on Jan 7 said it has attached assets worth a combined ₹400 crore of a trust linked to former Jaypee Infratech MD Manoj Gaur and a company of Honeyy Katiyal, promoter of leading housing brokerage firm Investors Clinic. ED said it has attached assets worth a combined […]
New Delhi, Jan 6 (PTI) The ED has attached a villa, a hotel, and a resort, besides land parcels and deposits worth over ₹50 crore, in connection with a homebuyers’ fraud” linked money laundering probe against Gurugram-based realty firm Ocean Seven Buildtech Pvt Ltd (OSBPL). The ED has attached a villa, a hotel, and a […]
India’s Small and Medium Real Estate Investment Trusts (SM REITs) market is likely to cross $75 billion, backed by more than 500 million sq ft of eligible office, logistics and retail assets, according to a report released by CBRE South Asia Pvt. Ltd. India’s Small and Medium REITs market is set to exceed $75 billion, […]
Adani Properties is seeking court approval to acquire 87 properties including hotels and malls from Sahara Group, in a move that could bolster the Gautam Adani-led conglomerate’s real estate holdings. Adani Group Chairman Gautam Adani. (Bloomberg) Sahara Group, founded by the late Subrata Roy, is seeking to sell its hotels, shopping centres, and residential and […]