Real estate player Unitech repays Rs 200-crore loan to Indiabulls Financial Services through asset monetisation and internal debt restructuring.
Shares of Indiabulls Real Estate and Indiabulls Financial Services surged following assurances of no non-performing loans and positive market sentiment due to central bank actions.
India's IT boom fuels high demand for office space, but slowdown concerns rise, impacting commercial property market, particularly in Bangalore and Hyderabad.