IL&FS fund to invest $122 mln in property firm-srcs

Posted by property | Posted in Real Estate | Posted on 10-06-2010-05-2008

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IL&FS fund to invest 2 mln in property firm-srcs
MUMBAI, June 10 (Reuters) – Indian private equity firm IL&FS Milestone Fund is set to invest 5.75 billion rupees (2.3 million) for a 74 percent stake in a property unit of Hindustan Construction Co , two sources with direct knowledge of the matter said.
Read more on Reuters via Yahoo! Singapore News

Slower decline in residential property prices
Property prices fell again in the last 3 months of 2009 – but not as much as they did in the previous 3 months, showing that the decline may have bottomed out and that the market may be stabilising.
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Proposed Property Tax Increase in Chestertown
Kent County, Md. officials are trying to determine whether to increase property taxes to help close a budget gap for the next fiscal year.
Read more on WBOC Salisbury

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