Daily Real Estate News Digest (23rd Feb 2018)

 

 

 

 

 

 

 

 

 

Sumitomo, Krishna Group form JV to develop mega realty projects across India

Japanese Sumitomo Corporation has formed a JV with Indian auto component major Krishna Group to develop real estate projects across India.

ET Realty

Indiabulls Housing Finance raises Rs 3,000 crore debt

Indiabulls Housing Finance has raised debt to the tune of Rs. 3,000cr. This tranche is part of its plan to raise Rs, 24,000cr in debt for which it got approval from its board.

ET Realty

Maharashtra home department gives Rs 101 crore for Nagpur Safe and Smart City project

In a big boost to Rs. 520cr Nagpur Safe & Smart City project, the home depart has released Rs. 101.05cr to the Directorate of Information Technology. Thus, the home department has released funds of Rs. 111.05cr from its share of Rs. 173.89cr as of now. 

ET Realty

Godrej Properties adds a new residential project in Gurgaon

Godrej Properties has expanded its residential portfolio in NCR by adding a new project in Gurgaon. This is it's 12th project in NCR.

ET Realty

HDFC Property Fund aims to raise $500 mn from overseas investors

HDFC Property Fund plans to invest in commercial office projects & residential developments in top property markets through equity & structured equity instruments from the new $500 mn fund.

Mint

MahaRERA dismisses landowner's complaint

The MahaRERA dismissed a landowner's complaint after it came to the fore that he already had several ongoing litigations in connection with the same complaint.

Free Press

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