India Real estate Blog: India Real Estate News, Real Estate Market in India http://www.indiarealestateblog.com/... India real estate blog provides the latest information about Real Estate Market in India, India Real Estate News, Real Estate Investment in India, India Real Estate Buying Selling Tips, Commercial Property in India, India Real Estate, Real Estate in India and more..
Lack of clarity may hit realty funds’ take-off http://www.indiarealestateblog.com/?p=1774... MUMBAI: A week after SEBI announced guidelines for real estate mutual funds, officials at fund houses and real estate developers are awaiting clarity on certain issues before they go ahead with scheme launches. Industry experts point out that taxation, periodic calculation of net asset value (NAV), and absence of any benchmark indices are some of the contentious issues turning out to be stumbling blocks in the design of such products.
Pranay Vakil, chairman, KnightFrank India, says that a quarterly valuation exercise would not be very easy to implement. “Let us assume that an REMF consists of 10 real estate assets and each asset has been acquired at different periods of a year. So, how one can calculate a composite NAV of fund, taking into consideration all these properties purchased?”¯ asks Mr Vakil.
IT hub Noida, IT Space Noida, business center noida, service business suits http://www.easyjournal.com/account/notify/index... Nehru Place stands as a major retail cum office complex dotted with allied small
business joints in the strategic south Delhi junction, for quit a significant time. People
running retail showroom here are doing good business and remain successful in there venture.
Still it is far behind in comparison to other world class business centers situated
elsewhere, that are renowned for more organized and conductive environment.
