Proptech co Assets & More bags Allure Infra deal

Our Bureau Assets & More, a proptech company, has bagged a property services deal from Allure Infra. The Hyderabad-based firm would raise funds and provide complete management services to all three of Allure Infra’s projects in Bengaluru. It would take up fractional property sales, maintenance and rental management, a press release said on Wednesday. ...
October 13, 2021

Institutional investment in realty sector up 17% in July-Sep to $721 million

Institutional investment in real estate increased 17 per cent year-on-year to $721 million in the July-September period, driven by better infusion of funds in housing, data centre and warehousing projects, according to JLL India. Institutional flow of funds includes investments by family offices, foreign corporate groups, foreign banks, proprietary books, pension funds, private equity, ...
October 13, 2021

Tamil Nadu releases draft of slum dwellers resettlement and rehabilitation policy

Representative image CHENNAI: The Tamil Nadu government on Tuesday released the draft of its first resettlement and rehabilitation policy for slum dwellers. The draft policy by the Tamil Nadu Urban Habitat Development Board (TNUHDB), formerly known as Tamil Nadu Slum Clearance Board, states that it is applicable to encroachment, eviction and displacement undertaken by ...
October 12, 2021