#RealtyNewsRoundup: PE firms, NBFCs Unite To Invest in Real Estate

Realty News Roundup is PropGuide's selection of top stories from the real estate sector.

Top News

Private equity funds and non-banking financial companies are joining hands to invest in the real estate sector, according to a Mint report. Citing data from VCCEdge, VCCircle's financial research platform, the report added that PE funds invested about $2.4 billion in the sector during the first nine months of 2015. Read more.

The Justice S N Dhingra panel, which is probing land deals in Haryana, has got a six-month extension. Read more.

Off the frontpage

To recover dues worth over Rs 16 crore, the Securities and Exchange Board of India has ordered attachment of bank and demat accounts of Weird Infrastructure, its promoters and directors, according to a Press Trust of India report. Read more.

The first phase of Kerala's IT project, Smart City Kochi, might be inaugurated by United Arab Emirates Vice-President and Prime Minister Sheikh Mohammed Bin Rashid al Maktoum next month, according to a report by IANS. Read more.