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Banking Sector Capitalizes on Booming Indian Real Estate Market

Bank lending to commercial real estate, including residential projects, rose 23% last fiscal year excluding the HDFC-HDFC Bank merger. Loans totaled Rs 3.97 lakh crore. Including the merger, growth rose to 38.9%, with Rs 4.48 lakh crore in loans as of March 31.

By Admin

  • 8th May 2024
  • 1133 Views
Almost 4 Lakh Sqft of Commercial Real Estate in World Trade Centre Auctioned by NBCC Creating a Record

The state-owned construction giant NBCC sold 4 lakh square feet of premium office property in Nauroji Nagar, South Delhi, in a landmark real estate deal.

By Admin

  • 27th Oct 2023
  • 1280 Views
NSDL Secures Prime Mumbai Real Estate, Signaling Robust Growth in BFSI Sector

In a significant real estate move, the National Securities Depository Limited (NSDL) has secured a sprawling 68,000 sqft office space in Mumbai's prestigious Bandra-Kurla Complex. The deal, worth an estimated Rs 198 crore, was inked with IDFC First Bank.

By Admin

  • 11th Oct 2023
  • 1252 Views
HDFC Bank Acquires 2 Lakh Square Feet in Navi Mumbai - A Strategic Real Estate Investment Masterstroke?

The foremost financial institution in India, HDFC Bank, has recently established its presence in the swiftly developing region of Navi Mumbai by acquiring 2 lakh square feet of premium property.

By Admin

  • 24th Sep 2023
  • 1534 Views
Indiabulls Housing Finance Raises USD 165 Billion Through Five-year Convertible Bonds to Overseas Investors

NSE - 3.48% raised about $165 million selling five-year convertible bonds to overseas investors, two people familiar with the matter told ET.

By Admin

  • 28th Sep 2021
  • 1817 Views
Private Banks soon to cut rates while Union Bank and PNB does so

Home loan rates have gone down to their lowest level in 6 years with State Bank of India, the India's largest lender, reducing the efficient rate to 8.6% from 9.10%.

By Suhas Kataria

  • 5th Jan 2017
  • 2228 Views
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