Saha Groupe, a Noida-based real estate company, is set to secure ₹160 crore from a Non-Banking Financial Company (NBFC) to expedite its under-construction projects in Noida.
Piramal Group has raised Rs 800 crore through Indiareit Fund Advisors for residential project development. The fund aims to reach Rs 1,000 crore by year-end.
Bank lending to commercial real estate sees 12.2% growth, driven by unlisted developers taking a larger share, despite claims of credit shrinkage from listed firms.
A Mumbai NBFC starts selling shares of a Delhi real estate firm, causing further decline in stock price.