Daily Real Estate News Digest (22nd Dec 2017)










Lodha group revives IPO plans; looks to raise Rs 3000 – 6000 crore 

Lodha group has revived plans to launch an IPO & will soon approach SEBI with the fresh prospectus as it looks to raise Rs.3000-6000cr including pre-IPO placement of shares.

ET Realty

HDFC Capital raises $550 million through initial close of second affordable housing fund

HDFC has raised $550 million under initial close of its 2nd affordable housing fund, the HDFC Capital Affordable Real Estate Fund – 2. This fund will be combined with the HDFC Capital Affordable Real Estate Fund – 1, to create a $1 billion platform to invest in affordable & mid-income residential projects. 

ET Realty

Quikr acquires HDFC's digital, realty units in all stock deal

HDFC has sold its realty brokerage business HDFC Realty & its digital real estate business HDFC Developers to Quikr. 

ET Realty

Sebi bans BNP Real Estate, 14 directors from market

Sebi barred BNP Real Estate & Allied Ltd & its 14 former & present directors from the securities market for at least 4 yrs & directed them to refund the money collected illegally from the public.

ET Realty

Leave a Reply

Your email address will not be published. Required fields are marked *