Jun 12, 2016 12:52 PM IST
To deepen Indian capital markets, regulator Sebi has lined up wide-ranging relaxations to its norms for REITs while an easier set of compliance rules is in the works for foreign fund managers keen to relocate to India.
- Jun 07, 2016 06:38 PM IST
With an aim to make REITs more attractive to investors, markets regulator Sebi plans to relax its norms to allow these Trusts to invest more in under-construction assets and have a larger number of sponsors
- Feb 25, 2016 09:14 AM IST
After coming into power, the Narendra Modi government had introduced Real Estate Investment Trusts (REITs) and Infrastructure Infrastructure Investment Trusts (InvITs) to ensure liquidity for realty and infrastructure developers.
- Feb 09, 2016 10:18 PM IST
The challenge with real estate investment trusts (REITs) in India, at the moment, is that legislation, especially taxation, needs to be thought through a little more," says Sid Yog, founder of Xander group
- Dec 18, 2015 01:28 PM IST
On positive side, foreign and domestic investors have already committed to put in USD 20-30 billion to set up renewable energy ventures, while green bonds seem to be catching up with proceedings exceeding Rs 10,000 crore coming in in the first year itself of these ambitious targets.
- Aug 12, 2015 03:13 PM IST
This is DLF's first capital market issuance after the Securities Appellate Tribunal (SAT) in March quashed a three-year ban imposed on the company by the Securities and Exchange Board of India (Sebi).
- Jun 25, 2015 10:00 PM IST
With the Reserve Bank warning of a Rs 53,000 crore loss to the banks on account of exposure to the power discoms, Union Minister of State for Finance Jayant Sinha today said the government is working on solutions to solve the problem.
- Jun 22, 2015 09:50 PM IST
rore via NCDsOf the total debt, DLF said about Rs 14,000 crore pertains to rental business, and the rest towards development arm. The company is in talks with few private equity players to raise funds in its some new housing projects.
- Jun 22, 2015 09:37 PM IST
In an exclusive interview to CNBC-TV18's Shereen Bhan, Finance Secretary Rajiv Mehrishi spoke on a wide array of issues impacting the Indian economy.
- Apr 29, 2015 04:32 PM IST
According to Dun & Bradstreet, the partial unclogging of domestic policy logjam, focus on public investments in infrastructure, fall in food inflation and lower fuel prices along with improving income growth is likely strengthen aggregate demand.
- Apr 28, 2015 06:58 PM IST
Amidst liquidity issues faced by residential developers due to subdued demand and restricted access to debt funding, PE funds have emerged as an important alternate source to meet the funding requirements in Q1, 2015
- Apr 21, 2015 09:30 PM IST
The recovery in the sector is expected to be gradual and would be linked with on-ground impact of the policy measures as well as availability of funding.
- Apr 20, 2015 11:25 AM IST
However, while the government is considering a MAT exemption at the time of REIT creation, it is not willing to provide such an exemption when the REIT is listed on the stock exchange or when a REIT sells or buys property assets.
- Apr 09, 2015 08:38 PM IST
The rating agency removed its 'negative watch' from DLF's bank facilities and debt instruments, following the Securities Appellate Tribunal (SAT) order last month quashing the 3 year market ban imposed on DLF by markets regulator Sebi.
- Mar 20, 2015 12:00 PM IST
Sebi had last year put in place a separate regulatory regime for REITs, while Finance Minister Arun Jaitley also announced a tax-friendly regime for these investment instruments in the Budget last month.
- Mar 16, 2015 10:02 AM IST
The company pays roughly Rs 750 crore interest every month, including dividend on preference shares, on its debt. Tyagi says the lower borrowing rate should help the company save around Rs 175 crore on dividend payouts.
- Mar 04, 2015 08:35 AM IST
The report also said gold monetisation scheme can ease pressure on imports. The country has an estimated 20,000 tonnes of gold stock. The gold monetisation scheme will allow the depositors of gold to earn interest in their metal accounts and the jewellers to obtain loans in their metal account
- Mar 02, 2015 03:26 PM IST
Following are the impact analysis of the Budget proposals for the real estate sector, according to Kotak Securities
- Feb 28, 2015 04:20 PM IST
For the common man, though the cumulative savings implied by various provisions are stated to be to the tune of Rs. 4.44 lakh, this is assuming a certain magnitude of personal investments into pension funds and health insurance.
- Feb 28, 2015 02:38 PM IST
"A step was taken in the last Budget to encourage Real Estate Investment Trusts (REITs) and Infrastructure Investments Trusts (INViTs) by providing partial pass through to them," Jaitley said in his Budget speech.
- Feb 27, 2015 11:49 AM IST
Under normal listing, the tax comes to 25 percent in India and 13 percent in Singapore, whereas under REITs it is around 50 percent, says Anshuman Magazine, chairman and managing director of CBRE South Asia. He adds that foreign investors will only be interested if there is tax clarity on REITs.
- Feb 26, 2015 01:18 PM IST
There are many issues plaguing real estate sector. Right changes in taxation can improve the prospects of the real estate sector and affordable housing in particular.
- Feb 10, 2015 09:21 PM IST
DLF is in talks with various financial investors for raising funds in some of its housing projects and also for participation in its REITs platform for commercial properties.
- Feb 06, 2015 05:37 PM IST
Union budget should come out with investor friendly measures by introducing taxation refomrs. Issues related to MAT, capital gains on transfer of shares of foreign company listed and traded on stock exchanges outside India,REIT taxation among others should be addressed to in this budget.
- Jan 21, 2015 06:09 PM IST
Global investors are betting on Prime Minister Narendra Modi to lead India on a growth path. These are action areas for Modi led government to deliver.