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India's first REIT has been fully subscribed Mumbai: Embassy Office Parks, India’s first Real Estate Investment Trust (REIT) has been fully subscribed on the last day of its initial share sale....

Livemint March 20, 2019

Kotak Realty Fund ties up with DivyaSree Developers to start US$ 400 mn office fund Bengaluru: A US$ 400 million alternate investment fund (AIF) has been launched by Kotak Realty Fund in partnership with DivyaSree Developers with an aim to develop and acquire commercial office assets across India....

Livemint March 19, 2019

GST Council approves transition plan for new tax rate for housing sector New Delhi: The Goods and Services tax (GST) Council, Government of India has approved a transition plan for, allowing developers to opt for a new tax structure for residential projects incomplete as of March 31, 2019....

PTI March 19, 2019

Brookfield Asset Management consolidates in India with two deals New Delhi: Canadian investment company, Brookfield Asset Management has announced two new deals in India in March 2019, as it tries to consolidate its position in the country....

Business Standard March 19, 2019

India's first REIT issue: Blackstone-Embassy JV raises nearly Rs 1,750 cr from anchor investors New Delhi: Embassy Office Parks, India's first Real Estate Investment Trust (REIT) has raised Rs 1,743 crore (US$ 241.58 million) from anchor investors ahead of its public issue on March 18, 2019....

PTI March 18, 2019
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