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.

The State Bank of India has committed Rs 714 crore to TCG Urban Infrastructure, a New York-based company, for the development of a World Trade Center in Gurugram. This project promises to offer one million square feet of leasable space.

Phoenix ARC, backed by Kotak Mahindra Bank, bought two stressed loans for ₹1,800 crore from IIFL, committing to an 83% recovery rate for the Fairfax-supported non-bank lender. The ₹1,500 crore acquisition was made in an open auction, with Phoenix ARC being the lone bidder.

The Indian real estate business is poised for a major change: industry recognition. This decision will boost growth and the sector's economic contribution.

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.

MahaRERA recovered over Rs 140 crore this year from developers who delayed flat deliveries, distressing homeowners. This is one of India's greatest real estate regulator recoveries. MahaRERA has filed 1,123 warrants this year to collect about Rs 764 crore from developers, threatening to freeze bank

The state-owned Indian Bank sold ₹610 crore in bad loans to simplify its financial portfolio. The bank plans to straighten up its accounts by the end of the year. Real estate and international trade debts are sold.

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.

The Reserve Bank of India's Monetary Policy Committee recently announced its decision to maintain the repo rate at 6.5%. This decision has garnered various reactions from the Indian real estate sector

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.

The Government of India is urging banks to use the'special window' it has opened up to expedite the completion of large-scale real estate projects worth more than 3 lakh crore.

The Reserve Bank of India's decision to keep the repo rate at 6.5% for a second time is expected to help the real estate market maintain residential sales growth, particularly in the interest rate-sensitive affordable, low- and middle-income housing segment.

2023 April second week's unexpected pause in interest rate hikes by the Reserve Bank of India (RBI) and record fourth-quarter pre-sales readings by real estate developers have reignited investor appetite for property stocks.

South Indian Bank sold real estate developer Paras Buildtech a two-acre land in Noida's sector 129 for 791 crore, according to a top official of the business.

Goldman Sachs, Morgan Stanley, and JPMorgan, the three bulge-bracket banking groups of the US, are likely to get active in Indian real estate after a long gap, according to executives with property funds and consultancies.