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.
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.
Mumbai-based Godrej Properties Ltd has entered into an agreement with associate company Godrej and Boyce (G&B) for the development of the latter’s large land holdings in the eastern part of Mumbai.
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.
The 10th edition of Green Building Congress is being organized by the Confederation of Indian Industry (CII) from October 20-22 in New Delhi.
Mumbai continues to be the costliest property market in India but the sales graph show this price rise has started taking its toll on the sales figure.
The festivities around Navratra and Diwali are known to cheer up the sentiments of the property market.
While many of the Indian cities are reeling under the apprehension of slowdown with sales nosediving, Pune real estate has defied any such apprehensions.
Oberoi Realty has announced to purchase 50 per cent stake in I-Ven Realty Ltd from private equity firm ICICI Venture.
Tata Housing has announced the launch of Amantra, an exclusive luxury residential township with 14, 24, 29 and 34 storey towers.
The Government has asked private real estate developers to participate in creating affordable housing stock and help in making India slum-free.