News articles tagged Debt Restructuring

Gammon India Resorts to Divest Real Estate Assets

Gammon India, grappling with financial losses and a substantial debt of Rs. 3200 Crore, is monetizing real estate assets due to high financing costs. The company looks to reduce debt.

Troubled Air India to Monetize its Real Estate Assets

Air India plans to monetize its real estate assets, including properties in Delhi, Mumbai, Chennai, London, and Tokyo, to address its financial challenges and raise around Rs. 5,500 crore over the next ten years.

Unitech looks for $560 million from PE funds

Unitech, India's second-biggest real estate developer, is in talks with private equity funds for $560 million investments and restructuring loans to cut debt.

Unitech is looking for restructuring loan

Unitech seeks to restructure Rs 800-crore loan from public sector banks, amid debt burden of Rs 2,500 crore due by March '09

Realty developers to meet RBI Governor for more packages

CREDAI to meet RBI Governor, seeking lower interest rates and debt restructuring for struggling real estate sector.

Housing ministry's offer for small home buyers

The Housing Ministry proposes tax breaks, price caps, and interest rate freezes for first-time homebuyers. It also suggests debt-restructuring for realtors and encourages housing for low and middle income groups.

Unitech plans sale of assets to raise funds

Unitech to raise ₹2,500 cr by Jan via asset sales, PE funds & debt transfer to mitigate ₹8,200 cr debt

Unitech repays Rs 200-crore loan to Indiabulls Financial

Real estate player Unitech repays Rs 200-crore loan to Indiabulls Financial Services through asset monetisation and internal debt restructuring.