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Indian Government Extends Funding for Rural Housing to Boost Completion

The Indian Finance Ministry has extended PMAY-G funds till September 2024 to build 3.5 million rural dwellings. This prolongation is part of the government's pursuit of "housing for all" by March 2024.

By Admin

  • 21st Apr 2024
  • 1149 Views
New Delhi Based Real Estate Developer Omaxe Secures 450 Crore Funding Boost from Kotak Mahindra Bank

Omaxe raised 450 crore from Kotak Mahindra Bank Limited. This strategy helped Omaxe repay a lot of its debt. This money paid off the April 2022 Värde Partners debt with Rs 290 crore.

By Admin

  • 17th Jan 2024
  • 1214 Views
2023 Witnessed Increased Capital Raising Through REITs and InvITs in India, 2024 Could go Higher

India's REIT and InvIT funding has increased significantly in recent years. The money generated via these channels increased tenfold in 2023, reaching ₹11,474 crore. SEBI's favourable policies and these instruments' enticing returns have driven this expansion.

By Admin

  • 15th Jan 2024
  • 1213 Views
Pioneering the Co-living Revolution in India - Colive Aims USD 20 Million Funding

Colive, a tech-driven platform for fully managed co-living spaces, is seeking $20 million from venture capital companies. This money will support the company's aggressive growth. Colive, based in Bengaluru, wants to increase its room capacity in Pune and other Indian cities.

By Admin

  • 27th Dec 2023
  • 1180 Views
Exploring Smart Strategies for Managing Multiple Loans Effectively

In today's fast-paced world, where aspirations often translate into multiple loans, effectively managing these debts is crucial.

By Admin

  • 12th Dec 2023
  • 1187 Views
Steady Repo Rate by RBI Will Help Mumbai Housing Market Grow Further in 2024

The Reserve Bank of India's fifth straight repo rate hold at 6.5% is likely to boost the Indian property industry, especially Mumbai house sales.

By Admin

  • 10th Dec 2023
  • 1221 Views
CapitaLand to Raise 525 Million Singaporean Dollars for Business Park Projects Across India

CapitaLand Investment Limited (CLI) intends to raise SGD 525 million for its second fund devoted to Class-A business campuses in Indian gateway cities.

By Admin

  • 16th Aug 2023
  • 1297 Views
Reliance Industries Limited Will Invest in Brookfield Infra, the Data Centre Joint Venture of Digital Realty

Reliance Industries (RIL) has entered into an agreement to invest alongside Brookfield Infrastructure and Digital Realty in their Indian platform designed for the development of data centres across India.

By Admin

  • 26th Jul 2023
  • 1298 Views
Fractional Realty Ownership Platform hBits Receives Approval for INR 500 crore Fundraising Via an Alternative Investment Fund

The Securities and Exchange Board of India (SEBI) has authorised the fractional real estate ownership platform hBits to raise over Rs 500 crore through a category II Alternative Investment Fund (AIF) for commercial real estate investments across India's major markets.

By Admin

  • 17th Jul 2023
  • 1245 Views
Sundaram Arm Plans to Raise up to INR 1500 Cr for its Real Estate Fund

Sundaram Alternates Assets, a part of the Sundaram Group, will raise up to 1,500 crore for its fourth real estate private credit fund, the Private Credit High Yield Real Estate Fund IV (RE Credit Fund IV), which will concentrate on growth and unique situations.

By Admin

  • 29th Jun 2023
  • 1234 Views
Real Estate Company Supertech Intends to Raise INR 1600 Cr to Finish Delhi NCR Projects

RK Arora, Supertech's chairman, plans to acquire Rs 1,600 crore from institutional investors by July to finish its 18 Delhi-NCR home projects.

By Admin

  • 17th Jun 2023
  • 1289 Views
Why Are Private Equity Funds Targeting Alternative Assets to Strengthen Indian Real Estate Portfolio?

Many investors are investing in alternative Indian real estate assets as earnings on traditional categories dry up. This makes sense and might open the door to several Indian real estate sectors that have struggled to get attention.

By Admin

  • 17th Jun 2023
  • 1332 Views
L&T Finance Receives Expressions of Interest for 10 Distressed Developer Loan Accounts

L&T Finance has received approximately ten expressions of interest (EoIs) for ten troubled developer loan accounts with a total outstanding balance of 3,022 crore.

By Admin

  • 10th Jun 2023
  • 1326 Views
NestAway to be Acquired by Aurum PropTech

Aurum PropTech is poised to acquire NestAway Technologies, a managed rental property company financed by Goldman Sachs, Tiger Global, and Ratan Tata, via an acquisition of all existing shareholders.

By Admin

  • 3rd Jun 2023
  • 1379 Views
Delhi Based Supertech Intends to Raise Upto INR 1600 Crore from Oak Tree Financial to Complete Stuck Projects

According to MD Mohit Arora, real estate developer Supertech is seeking 1,200-1,600 crore from Oak Tree Financial to complete its stalled projects.

By Admin

  • 12th May 2023
  • 1505 Views
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