Propertiesmls asked: The chairman of the securities and exchange board of India (Sebi) M Damodaran on Wednesdays? they said the regulator was considering proposals to allow investment funds real estate (REITs) in India.Speaking to a conference on capital markets organized by CII, the head of Sebi also said that the rules on and Trade tools securities market debt will be finished by the governor of December.The av? vain put out a consultative paper on the debt securities in June this year. The draft regulations proposed a system of records of entities? separate special purpose that they were planning to offer debt instruments or securities to the public were looking for a list of these tools to publish more? soon. Damodaran said that even small companies could opt for the emission of fast track. According to the release of the fast track program allowed by Sebi in August this year, companies with a record of three years on NSE and BSE and the free-float market capitalization of at least Rs 10,000 crore, pu? raise funds through rights issues and follow, without having to wait for space? s? the regulator? market. Sebi, at its council meeting in June 2006, had approved the reference guide that makes it mandatory for REMFs (mutual funds real estate) to be listed on stock exchanges. But the lack of evaluation standards has delayed the introduction of REMFs in the country. The institute of accountants established in India (ICAI) was examining the? the edition of that assessment and once that eliminates the rules, Sebi will? ready with the rules of? m Damodaran said. is not going to be a REIT against the edition of REMF. Consultations with the people who made a better start to understand these products and will soon write the first set of proposals? of? of? Damodaran said. REITs? a better product, but we make sure that both products are introduced over time, we added him. The movement of Sebi is in the midst of the programs through a clutch of companies to increase funds from the Indian market for listing REIT-like vehicles on the stock exchange in Singapore (SGX). The Bangalore-based group, Ascendas, a provider of business space in Asia and the Delhi-based DLF and Unitech dell'ambasciata developers have announced programs to list their fund structures, mainly REITs on the SGX, on its incassante recent norms.REMFs alleviation will be closed and funds will invest directly into property? Real Estate in India, the security of a mortgage (the lease of the housing), the shares of equity? / bonds / debentures of listed companies support / non-trading in listed property and undertake the development of property and other securities. Once on board participatory note (P-notes), Sebi has received many applications from overseas investors who are seeking the records FII, Damodaran said, without providing figures. The regulator is planning to launch a national campaign for training in 2008's and encourages market participants to take seriously their role as self-organization (SRO). Nimesh Kampana, Chairman, CII National Committee of the capital markets and head of the JM Financial Group also urged the need? to develop SROs for financial mediators. Spread the word: related / bookmark it / readitComments (0) 21 November 2007 Fortis to invest the pension in Japan eye fundsFiled under: Updates News Real Estate India, real estate funds, amTOKYO of 3:05 of the coordinator of? of? of? of novit? @, November 21 (Reuters) - investments of Fortis, the global arm of the assets of the Fortis group, eyeing next year the pension funds of billions of U.S. dollars? s? of Japan? investors as the key to its two new investment funds worth the $ 745 million combined, the head of said real estate investment Wednesday.Fortis, which has about 130 billion euros ($ 190 billion) in assets under administration , lancer? Two new funds? of? of? funds? of? of? of? of? of funds? holding of a folder? of? of? the investment fund focused and sull'asiatico about Europe? of? of property. Europe and we were very specific when we started two years ago but we have differentiated the outer part because of Europe ', the? Bart Coenraads of? of?, the primary investment officer and head of Real Estate Investment of Fortis, told Reuters the activity? side of a conference in the company currently has two Tokyo.The Europe-focused fund to be a de-is-a fund for vehicles and one third invested in Asian assets. Coenraads said that was particularly keen to attract Japanese investors because dell'cassa pension? their allocations for real estate were lower on the other? of? of the asset classes. many cases of Japanese pension gi? have invested in real estate Japanese now see the opportunities in Asia ex-Japan? of? of? he said, adding that the investments of Fortis gi? had taken place a $ 40 million from a Japanese investor dell'cassa pension fund for current funds has focused on the property? Asia ex-Japan. The pension funds? s? of Japan? have traditionally parked their money in state bonds to lower risk and corporate but they are raising their investment in property, pi? risky as equities and property? to boost returns for the population of aging? s? the country?. The investments of Fortis has about 2.5 billion euros in? global? of? exposure of the property 25 percent of which? made to run on the bottom to form a-de-is a fund for vehicles. The remaining 75 percent held their property-related are in public? commercial? of securities. many boxes of the board? t of? who don? has the possibility internal to the kind of exposure that can get close compranti in a fund of funds? Coenraads of? of? he said. Coenraads plans to raise about $ 300 million for the new Asian fund of funds, about half? referred sar? invested in Japanese funds. The folder will rest? assets invested in China, Malaysia, Vietnam, India and Singapore. Spread the word: related / bookmark it / readitComments (0) Omaxe pu? Asia hit slightly to the west and the Indian real estate market coolsFiled under: News Updates Real Estate in India, advertising, residential amSource of 1:26 of the coordinator? of? of? of novit? @: Http://www.livemint.com/2007/11/21005026/Omaxe-may-tap-West-Asia-as-Ind.htmlNew Delhi: Omaxe srl real estate company decided to develop the property? overseas in places like Dubai in the United Arab Emirates (UAE), while the real estate market in India starts cool and profits get compressed. The programs of the developer to develop the property? in commercial and residential? of? Dubai. last year were very bad for developers, the? Rohtas Goel of? of?, the chairman and the director of control, Omaxe, said. prices? of? of? have decreased by 10% or even 30% in some locations, which has forced developers to consider the overseas markets for expansion? of that? of? he added. The company decided to enter the housing market because of Dubai? the average annual return on an investment in Dubai? a po'migliore of India, Goel said. ? of? of? ? also pi? easy to do business of real estate in Dubai compared to India? of that? of? he added. Omaxe far? development of a float in the open sea to enter the market of Dubai. Goel declined to say how much money Omaxe av? Space allocated for the development overseas. The company will develop? the property through the company? a mixed economy with a developer of real estate locally. Omaxe has to find a local developer to introduce the property? market in Dubai in line with the regulations of the Government of UAE. ? of? of? can buy the land on our own, but to introduce the property? market we need a local partner, the? Goel of? of? he said. Omaxe? in talks with several developers from Dubai for a possible connection. But nothing? been finished yet, Goel said. In the past seven - eight months, the real estate market in New Delhi and its suburbs has seen a decline in demand primarily because of high interest rates on loans, which are at a level five. Interest rates have increased to 12%, compared to 9% just a year ago. That, coupled with the rising value of land, is making the houses affordable? less and more? of expensive? ? that keeps the buyers? of? the bay. some developers may consider the overseas markets due to high cost of land in India,? of? of? said Ganesh Raj, head, real estate practice of verifying and Ernst & Office for advice, the young India. il? of? of? come back? a function of the price of land, given the current cost of land, developers probably feel that returns in overseas markets will be better. However, very few developers have actually started developing real estate markets in the open sea, the? Of the Raj? of? added. Programs? s? of Omaxe? to go global comes as a result of similar efforts by other developers. Parsvnath Developers Ltd. has decided to venture to develop real estate in the United Kingdom, Singapore, the UAE, Muscat and Mauritius. DLF srl is considering acquisitions and international Ansal API Ltd. has an association with the group? s of the EMU? of Malaysia? be offered to the Government that the projects in Malaysia.Investors are not willing to buy the property? residential pi? because? interest rates have increased dramatically and? pi? expensive to buy houses on money borrowed. Investors are gradually exiting the real estate market, say developers. While investors have been the last year 70% of buyers now? the reverse, Goel said. il? of? of? now the real end-users is 70% of buyers? of that? of? he added. Omaxe? present in 30 cities? and nine conditions in India. The company operates across residential, the advertisement and the retail vertical. Omaxe made an initial public offering of shares in July and you? raised around Rs600 crore.