Page 8 - Aif
Rs 25,000 cr AIF for stalled projects will boost homebuyers' faith: LIC HF
Firm hopes to disburse Rs 55,000 cr this year, up from Rs 48,000 cr last year, says MD & CEO Siddhartha Mohanty
 "Rs 25,000 cr AIF for stalled projects will boost homebuyers' faith: LIC HF")
Homebuyers body cheers govt's realty push, demands fund transparency
The move is likely to help 4.59 lakh housing units across the country. Only RERA-registered projects with positive networth will be provided funds.
 "Homebuyers body cheers govt's realty push, demands fund transparency")
Rs 25,000-cr boost for realty: Govt sets up fund to revive stalled projects
Targeted at affordable and middle-income housing units, the fund will address residential properties in Mumbai that are priced below Rs 2 crore
 "Rs 25,000-cr boost for realty: Govt sets up fund to revive stalled projects")
Category III AIFs may turn to GIFT to move past surcharge hurdle
Category III AIFs registered as FPIs in GIFT will still have to pay tax at 30 per cent on derivatives gains
 "Category III AIFs may turn to GIFT to move past surcharge hurdle")
Alternative investment funds explore conversion to LLPs over tax surcharge
Compliance burden may, however, make conversion difficult to execute
 "Alternative investment funds explore conversion to LLPs over tax surcharge")
AIF investments swell by 90% to Rs 750 billion in June quarter
AIFs are a class of pooled-in vehicles for investing in real estate, private equity and hedge funds and over 270 such funds are registered with Sebi since 2012
 "AIF investments swell by 90% to Rs 750 billion in June quarter")
Lowering of investment limit will make AIFs accessible to more investors
Risk of mis-selling of these funds to investors who don't understand their risks fully may also rise
 "Lowering of investment limit will make AIFs accessible to more investors")