Daily Real Estate News Digest (20th Feb 2018)










Japan's Sumitomo to take JV rout to enter Indian real estate sector

Sumitomo Corporation is set to form a JV with an Indian Company to build integrated township projects across the country.

ET Realty

PNB can't sell housing finance stake just yet

PNB will not be able to raise additional funds by selling its entire stake immediately in PNB Housing Finance, with capital market rules prohibiting the state-run lender from doing so within 3 yrs of listing. 

ET Realty

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