Home   >>    Loan   >>    Home Loan   >>     Overview
Get Home Loan Offers
A maximum of 5 providers will compete to give you the best rates (Oct 2020)
Yes No    

Preferred Banks
  •  Any 5
  •  HDFC
  •  DHFL
  •  HSBC


I authorize the website and its partner providers like HDFC Ltd, ICICI Bank, DHFL and other banks/NBFCs to call or SMS me in connection with my application & agree to the Privacy Policy and Terms of use

Realty turns to private equity for funds

Realty turns to private equity for funds

Apnaloan.com Research Bureau

20 Apr 2008

Realty developers are turning to Private Equity (PE) investments for long-term capital.

The developers have other sources of funds such as stock markets, debt, London Stock Exchange's Alternate Investment Market or the possibility of listing real estate investment trusts (REITS) abroad.

Most developers prefer such funds because this enables them to retain the control of the management. Two developers secured $101 million (Rs. 400 crore) from two private equity firms.

Delhi-based Parsvnath Developers secured $47 million (Rs. 186 crore) from two Saffron Group funds to develop residential and commercial complexes in central Mumbai.

Mumbai-based Lodha Group received $54 million from a HDFC-sponsored, Mauritius-based fund.

Realty developers seeking funds is impacted by the fact that the builders do not seem to take into account the fact that there is a property price correction. They seek capital at unrealistic valuations.

Click here to know more about home loans: http://www.apnapaisa.com/loan/home-loan-india/index.html

Click here to know interest rates on home loans: http://www.apnapaisa.com/loan/home-loan-india/rates.html