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RBI places restrictions on Punjab & Maharashtra Co-op Bank's biz for 6 mths

Supersedes board, appoints admin; exposure to HDIL bone of contention

Tata Realty, Actis look to raise $1 billion for commercial properties

The duo is doubling the size of the $500-million platform, which it floated in 2015

Realtors hope tax cut will boost demand for residential properties

Rajiv Talwar, chief executive at DLF, the country's largest listed property developer, said when there is more money in the hands of corporate entities and people, it will makes a difference

Real estate players seek more from govt, stocks fall despite sops

Proposed fund targets affordable & mid-level projects that are 60% complete, but with riders

Tata to invest Rs 580 cr in realty biz for new projects, debt reduction

This investment will be in addition to the Rs 1,200-crore already pumped in by Tata Sons in the loss-making subsidiary - Tata Realty and Infrastructure, till June this year

Brookfield in talks with Aditya Birla to buy its Real Estate Fund 1 assets

Bankers have approached the private equity firm, others to take over seven investments of the fund

Brookfield, Piramal Capital look to cash in on buyout opportunities in NBFC

KKR was also in talks to acquire majority stake in Aadhar Housing Finance, a unit of Wadhawan Global Capital

Fitch too downgrades Macrotech Developers on low liquidity concerns

Fitch said the risks around Macrotech's ability to meet domestic debt maturities of Rs 2,000 crore, Rs 5,000 crore, and Rs 4,600 crore in FY20, FY21, and FY22, respectively, are rising

Godrej Fund Management plans to launch another office development fund

With the new fund raise, Godrej Fund Management now has $1.6 billion (Rs 11,400 crore) of assets under management. It also has funds for residential real estate

More Blackstone joint ventures to hit real estate investment trust market

The rental arm of Mumbai-based K Raheja Corp, where Blackstone holds 15 per cent stake, has begun work on the Reit and appointed Morgan Stanley the banker, say sources

Developers brace for another storm as SC gives relief to homebuyers

According to industry sources, the verdict will make things difficult for a host of developers

De-risking exercise: Piramal reduces exposure to residential real estate

Piramal's exposure to Lodha has reduced to Rs 3,180 crore from Rs 4,300 crore in October 2018, and it plans to reduce it further to Rs 2,600 crore by September 2019, said Khushru Jijina

Pension fund manager CPPIB looks to re-enter private debt market in India

The desire to enter the private debt space in India comes when there is an acute fund crunch in real estate and among non-banking financial companies

Office space supply to double this year to 67.9 mn sq ft: Colliers report

Projection based on construction timelines of commercial projects, as indicated by developers across top seven cities

Rental housing is not an option for developers, says DLF's Rajeev Talwar

In Mumbai, the price of housing has stagnated since 2013

Hiranandani Group plans to build data centres under the brand Yotta

Niranjan Hiranandani, chairman of the group, said that the firm aims to become a leader in the data centre space

Top Indian cities see 10% hike in office leasing in June quarter: Report

Occupiers remain bullish about the business environment in the country as they continue to expand at a robust pace

Budget 2019: Sitharaman's sops to push affordable housing, housing sales

Experts added that the interest exemption upto Rs 3.5 lakh for affordable housing would help boost residential sales

Dalmia Nisus Finance to buy two PE funds with total asset of Rs 850 cr

Nisus Finance has raised Rs 430 crore for its maiden fund and has returned Rs 300 crore to its investors

Raheja to buy Citibank property in Mumbai's BKC for Rs 400 crore

Citibank had planned to sell the eight-storey building in 2013 but did not proceed