PNB Housing Finance aims to raise its loan portfolio by 17% in FY25, the biggest expansion since 2019. A strong capital position has allowed the firm to concentrate on retail lending, which currently accounts for 97% of its operations, including affordable housing.

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.

Puravankara Group's projects in important Indian areas have received Rs 500 crore from Piramal Enterprises. This financial infusion will concentrate on commercial and residential projects via senior secured finance, highlighting their growth potential.

Given the large number of stalled housing projects, the SWAMIH fund, which finances their completion, has demonstrated potential but has scalability issues. Despite completing over 26,000 residences and recovering a major share of investor funds, it needs to expand its reach and efficiency.

Nisus Finance and its strategic partner BCD Group invested around Rs 105 crore in Suvita Real Estate, a wholly owned subsidiary of Shapoorji Pallonji Real Estate. This senior secured listed non-convertible debentures (NCD) investment in a 12.16-acre land parcel in Pune's Manjari-Budruk.

Indian real estate is hopeful for major improvements when Finance Minister Nirmala Sitharaman presents Budget 2024. The business anxiously awaiting affordable housing definition extension, industry classification, and tax benefits for homebuyers and developers.

On Thursday, the Union Finance Minister published the interim Budget 2024, showing that the real estate industry will benefit from the government's comprehensive national development strategy.

Bandhan Bank will sell its ₹775-crore affordable house loan portfolio to Avenue Capital-backed Arcil for ₹280 crore. A planned cash transaction by the bank addresses financial challenges for low-income households struggling to repay housing loans of ₹10-12 lakh.

Despite rising interest rates over the last 18 months, asset quality has improved in the Indian home financing market. Rising incomes have offset greater monthly payments, ensuring stability.

In a pivotal collaboration, the International Finance Corporation (IFC) and Sunteck Realty are innovating the landscape of sustainable green urban housing in Maharashtra, with a robust investment of up to Rs 7500 million.

Trident Group of Delhi has acquired Shipra Mall in Indirapuram, Ghaziabad, NCR from Indiabulls Housing Finance Ltd and Edelweiss Asset Reconstruction Company Ltd for Rs. 551 Crores.

Piramal Capital & Housing Finance sold TCG Urban Infrastructure Holdings two 22,524-square-foot office premises in the Bandra-Kurla Complex's TCG Financial Centre for over 110 crore, according to Mumbai real estate publications.

CEO Gagan Banga emphasises investor base expansion and the consolidation of seven companies into the home finance company.

Logistics infrastructure company NDR Warehousing plans to raise INR 2,000 crore via InVIT in 2023, in order to pay off previous debts and finance the development of new projects.

Bajaj Housing Finance has extended a INR 1000 Crore term loan to Embassy Office Parks REIT, India's first publicly traded real estate investment trust and Asia's biggest by area.