Both partners would inject $200 million each in the form of equity and hold 50 per cent stake each. They plan to raise another $600 million in the form of debt to create a corpus of $1 billion to......
The Lodha Group has bought land parcels worth Rs 12,000 crore in Mumbai. Image: Lodha’s upcoming tallest residential building. Photograph, courtesy: Lodha Group As big real......
Slump in realty market to add to woes, debt of top players likely to rise 15-20% this financial year The Real Estate (Regulation & Development) Act, or RERA, would push up debt levels of real......
Plan to lay off excess staff, trim salaries of top executives. Faced with a tight liquidity scenario in the wake of demonetisation and Real Estate (Regulation & Development) Act, 2016, or Rera,......
CREDAI-MCHI, a body of developers in Mumbai, has pegged the drop in sales booking at around 80 per cent in the February-March period this year. This is the second highest fall in residential sales......