Home financiers turn to lower tier towns for growth
It may surprise to many, but the fact is that the housing finance sector has steadily and consistently been posting impressive growth, despite the numerous challenges in the sector.
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BCCL picks up ad-for-equity stake in Investor Clinic
Bennett, Coleman & Co. Ltd has acquired an undisclosed stake in an ad-for-equity deal with Noida-based Investors Clinic Infratech Pvt Ltd.
Patel Realty Expects to Double Profit on India’s Home Demand
Patel Realty expects profit to double this year on rising demand for homes in the world’s second-fastest growing major economy.
Fire Capital promoter forms realty firm, to invest Rs 6,000 cr
Private equity fund Fire Capital’s promoter has tied up with a clutch of US-based realty firms to form a new company that plans to invest Rs.6,000 crore in the next four years on developing 32,000 homes across the country.
HDFC to raise $600 million for property fund
Housing Development Finance Corp, India’s largest mortgage lender, plans to raise its fourth property fund from overseas investors, said two people close to the development.
NCR, 6 cities to see shortage of 1.3m houses in 5 yrs: C&W
Housing supply is estimated to fall short of demand by 1.3 million units in seven major cities of the country during the next five years, according to a report.
Ascott opening its doors to India
Singapore-based Ascott Group, which operates serviced residences across the world, is finally opening its doors to India.
Green Building Congress from October 20-22
The 10th edition of Green Building Congress is being organized by the Confederation of Indian Industry (CII) from October 20-22 in New Delhi.
Pune real estate defies slowdown apprehensions
While many of the Indian cities are reeling under the apprehension of slowdown with sales nosediving, Pune real estate has defied any such apprehensions.
Retailers on an expansion spree
Retail chains across the country are signing up for space in a big way, after a long pause that had followed the economic downturn.