ASK Property Fund exits from three projects with IRR of 20%
The company had invested Rs 200 crore across three projects - two in Gurugram and one in Bengaluru and has exited with Rs 354 crore.
Source: indiatimes.com
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ASK Property Fund announces exit of ₹350 crore from QVC Realty projects, delivers around 20% IRR
ASK Property Fund's investment was for a portfolio of three projects, one located in Bengaluru and two in Gurugram
Source: hindustantimes.com
Realty developers acquired total 1,947-acre land valued at Rs 32,203 cr in 2023
The residential real estate market is booming, leading to increased land deals. Realty developers are actively acquiring land to capture sales momentum and build a robust supply pipeline. Land transactions in tier 1 cities, particularly in Mumbai Metropolitan Region (MMR), have significantly increased. Delhi NCR, Bengaluru, and Chennai are also witnessing land acquisitions.
Source: indiatimes.com
MahaRERA makes certification for real estate agents mandatory from January 1
The new regulations also extend to employees associated with developers and those involved in related tasks. They are required to upload their certificates on the designated portal before January 1.
Source: indiatimes.com
Louis and Jeannette Masaschi of Longmeadow arrested in fraudulent loan conspiracy
The couple was accused of providing fake rent rolls and forged lease agreements for properties in Springfield, East Longmeadow and Enfield, Connecticut.
Source: masslive.com