<body><script type="text/javascript"> function setAttributeOnload(object, attribute, val) { if(window.addEventListener) { window.addEventListener("load", function(){ object[attribute] = val; }, false); } else { window.attachEvent('onload', function(){ object[attribute] = val; }); } } </script> <iframe src="http://www.blogger.com/navbar.g?targetBlogID=30670461&amp;blogName=India+Real+Estate+and+SEZ&amp;publishMode=PUBLISH_MODE_HOSTED&amp;navbarType=BLUE&amp;layoutType=CLASSIC&amp;searchRoot=http://in.diarealestate.com/search&amp;blogLocale=en_US&amp;homepageUrl=http://in.diarealestate.com/&amp;vt=-3584418050601208051" marginwidth="0" marginheight="0" scrolling="no" frameborder="0" height="30px" width="100%" id="navbar-iframe" allowtransparency="true" title="Blogger Navigation and Search"></iframe> <div></div>

Home

Property Forum

ICICI SBI Credit Card

Dalal Street


IL&FS banks on new realty fund

Monday, September 10, 2007

The IL&FS - Milestone Fund-I is a four-year close-end fund with an option to extend the term by two more years, if required.

The fund is looking at an initial corpus of Rs 1000 crore, including a greenshoe option of Rs 500 crore. It is looking at an annual yield of 11% and an annual return of 18-20% with the property price appreciation, reports suggest.

The minimum investment in this fund is Rs 10 lakh for individuals and Rs 1 crore for corporates. It opened for subscription on Monday, 11 September 2007 and will close on 30 October 2007.

posted by Webmaster @ 12:01 PM   0 comments

0 Comments:

Post a Comment

<< Home