30.76 Lakh Houses Sanctioned So Far Under PMAY (U)

New Delhi: A total of 3.076 million houses have been sanctioned under the Pradhan Mantri Awas Yojana (PMAY) (U) since its launch, according to Mr Hardeep Singh Puri, Minister of St...

Omkar Realtors raises Rs125 crore from KKR

Mumbai: Omkar Realtors and Developers Pvt Ltd raised Rs 125 crore (US$ 19.26 million) in debt from KKR India Asset Finance Pvt Ltd, which will be used towards construction of two r...

Altico Capital receives board approval to raise Rs2,000 crore debt

Bengaluru: Non-banking financial company (NBFC), Altico Capital Pvt Ltd, is looking to invest Rs 3,000 crore (US$ 462.92 million) in real estate projects over the coming five month...

Kolte-Patil in talks with global investors to set up Rs500-crore real estate platform

Mumbai: Kolte-Patil, a Pune based realty firm, is in talks with global private equity (PE) firms to set up a real estate investment platform worth Rs 500 crore (US$ 77.49 million) ...

Mahindra, HDFC Capital tie up for budget housing

Mumbai: Mahindra LifeSpaces Developers Ltd (MLDL) and HDFC Capital Affordable Real Estate Fund-1, a fund managed by HDFC Capital Advisors, have formed a partnership to develop five...

M&A and PE deals rise 34% so far this year

Chennai: Big ticket transactions drove Merger & Acquisition (M&A) and Private Equity (PE) deals resulting in a 34 per cent year-on-year increase to US$ 48 billion between J...

Shapoorji Pallonji, Allianz Group tie up for US$ 500 million real estate fund

New Delhi: Allianz Group and Shapoorji Pallonji Group have partnered to start a real estate fund named 'SPREF II' and will invest US$ 500 million in commercial office properties in India.

Govt unveils new PPP policy as part of push for affordable housing

Mumbai: A new public private partnerships (PPP) policy with eight PPP options has been unveiled by the Ministry of Housing and Urban Affairs, Government of India, to push for inves...