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Real estate contracting and advisory firm ArisUnitern plans to raise INR 350 crore ($46m) to fund the last-mile financing of residential projects in Chennai, Hyderabad, Mumbai, and Bengaluru. Its proposed alternative investment fund, which it expects to expand to INR 450 crore with a green shoe option, is subject to approval from Indian regulator SEBI.
Vaccine availability a property booster sandhya@khaleejtimes.com Filed on January 28, 2021 Weakening of rupee especially in first-half of this fiscal coupled with falling interest rate across the globe made India an attractive investment destination. — Reuters Pandemic drives NRI homebuyers to invest in safe haven assets back home. Indian real-estate sector had predominantly been keenly watched by Non-resident Indians (NRIs) as a long-term investment for safe-haven assets. The onset of novel coronavirus disease (Covid-19) accelerated property buying in India with favourable and...