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.
Joint Venture in Residential Properties,Joint Venture in Commercial Buildings in India,Real Estate Investment in India http://www.alphagcorp.com/Ourprojects.aspx?id=6... Alpha G:Corp undertakes projects through acquisitions, joint venture development and asset management. Currently, the company is developing large-scale city centre projects,commercial buildings,residential properties,integrated townships and commercial and residential projects envisaging a value of over Rs. 4000 crores.
