Realty fund
Foreign Investment Promotion Board of the government of India has cleared Rs 550 crore India Real Estate Fund. The fund floated by Kotak India Real Estate Fund will be raised in the international market to be invested in the real estate projects in India.
The money will be invested through venture funds in the large projects on a minimum area of 25 acre. It is learnt that even though the domestic equity market has fallen in the last one and a half months, foreign investors are still eager to invest in the real estate market in the country.
The real estate fund will provide an opportunity to the foreign investors to reap benefits from the booming real estate markets in the country. According to one estimate, a direct investment in the real estate market gives a return of over 20% per annum which is very high in the international market.
FIPB has also cleared Rs 22 crore foreign direct investment by IJM corporation of Malaysia to invest in the development of a township in Hyderabad. The Malaysian company will take some stake in a company engaged in the development of township projects.
A number of similar other investments are also waiting for the opportunities to enter in the Indian market. A senior builder said that there was no problem in raising funds from the international markets, but the issue is of getting credible projects to invest.
This article is sponsored by: www.indiarealestateblog.com
About Roselind Hejl Roselind Hejl is affliated with Coldwell Banker United REALTOR, which is located in Austin, TX. For further assistance please use the contact information located on the right.
As of 02/10/12 the Roselind Hejl RePage is ranked at 2,790 with 265 points.
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Local Information for Austin, TX
Latitude: 30.300474 -- Longitude: -97.747247
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ZIP Codes for Austin, Texas
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73301 
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Area Code for Austin, Texas
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512
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Time zone for Austin, Texas
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CST
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Other Area Cities:
Leander, TX
Cedar Park, TX
Round Rock, TX
Elgin, TX
Austin, TX
Hutto, TX
Manchaca, TX
Pflugerville, TX
Kyle, TX
Dripping Springs, TX
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Austin is the state capital of Texas and the county seat of Travis County. Situated in the region of Central Texas, it is the fourth-largest city in Texas and the 16th-largest in the United States. As of the 2005 U.S. Census estimate, Austin had a population of 690,252.[1] The city is the core cultural and economic center of the Austin–Round Rock metropolitan area with a population of 1.4 million.
The first documented settlement of current-day Austin occurred in 1835, and the site was named Waterloo in 1837. In 1839, Mirabeau B. Lamar renamed the city in honor of Stephen F. Austin. Its original name is honored by local businesses such as Waterloo Ice House and Waterloo Records. Austin is situated on the Colorado River and on the Balcones Fault, which in much of Austin runs roughly the same route as the MoPac expressway.
-- Source: Wikipedia.com
Texas 2000 Census Population Profile Map
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Austin |
Texas |
United States |
|---|
| Population |
656,562 |
20,851,820 |
281,421,906 |
|---|
| Median age |
29.6 |
32.3 |
35.3 |
|---|
| Median age for Male |
29.1 |
31.3 |
34 |
|---|
| Median age for Female |
30.2 |
33.4 |
36.5 |
|---|
| Households |
265,649 |
7,393,354 |
105,480,101 |
|---|
| Household population |
636,432 |
20,290,711 |
273,643,273 |
|---|
| Average household size |
2.4 |
2.74 |
2.59 |
|---|
| Families |
141,589 |
5,247,794 |
71,787,347 |
|---|
| Average family size |
3.14 |
3.28 |
3.14 |
|---|
| Housing units |
276,842 |
8,157,575 |
115,904,641 |
|---|
| Occupied units |
265,649 |
7,393,354 |
105,480,101 |
|---|
| Vacant units |
11,193 |
764,221 |
10,424,540 |
|---|
Visit US Census
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Roselind Hejl
Coldwell Banker United REALTOR
609 Castle Ridge Rd
Austin, TX 78746
VOICE: 512-328-8200
FAX: 512-328-2559
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