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Kotak’s realty arm makes $350m exit
Oct 2018 , by in News/Views

Despite a tough realty market, Kotak Realty Fund an arm of the alternate investment fund of the Kotak Mahindra group, has made successful exits from all its portfolios of realty projects and returned its investors about $350 million (about Rs 2,600 crore at the current exchange rate). The fund wa... Read more...

Housing sales up 24%; new launches down 35%
Oct 2018 , by in News/Views

Top nine property markets in the country saw 24 per cent increase in housing sales during July-September period, but new launches declined by 35 per cent resulting in a fall in unsold apartments, according to brokerage firm PropTiger.com. Housing sales rose to 72,472 units during July-September 2... Read more...

Startup uses AI, IoT to improve building efficiency
Oct 2018 , by in News/Views

Up until now, building owners haven't had the technology to handle multiple aspects of managing a building such as dealing with facility management vendors, equipment breakdowns and aligning tenant requests with facilities strategies. Facilio - headquartered in Atlanta with operations in Chennai - i... Read more...

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