At long last, India’s overpriced real estate market could come back to earth with a thud. Developers trying to sell costly property cannot find buyers, who in turn find themselves squeezed out of the market by rising mortgage costs and inflated property prices. Inventory, jargon for built-up homes that haven’t been sold, is piling up. [...]

Fire Capital, the first private equity fund focused on the Indian real estate sector , plans to raise $100 million to invest in housing projects, as banks turn away from the debt-ridden sector leaving builders to fall back on PEs. The firm will raise the capital primarily from its existing investors in the US to [...]

In 1989, Omaxe was founded by Shri. Rohtas Goel as Chairman & Managing Director of Omaxe Ltd., has been at the forefront of the real estate industry, following its motto “Turning Dreams into Realty” through building world class residential and commercial projects. Omaxe was the first Construction Company of northern India to receive an ISO [...]