You are here: Home » Companies » News
Lupin shuts manufacturing plant after 17 staff test Covid-19 positive
Google is in advanced talks to invest $4 billion in Jio Platforms
Business Standard

Piramal seeks investors, hedge funds to raise capital for unfinished houses

India's real estate market is grappling with a lingering lockdown that's slowed construction and sharply crimped new sales in an already struggling market.

Topics
Piramal Enterprises | Piramal housing finance | Lockdown

Bijou George & Suvashree Ghosh | Bloomberg  |  Mumbai 



ajay piramal, piramal enterprise
Developers have been leaning on lenders like the Piramals to provide the cash needed to complete partly-built projects

is seeking new investors including hedge funds to help raise cash and fund working capital for the real estate projects it lends to so they don’t languish half built.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, July 14 2020. 23:33 IST

RECOMMENDED FOR YOU

.