Sebi will auction a Kerala Housing Finance property to recover dues. The auction of the Thiruvananthapuram apartment, with a base price of Rs 55 lakh, is scheduled for June 4.
Century Real Estate, a Bangalore-based firm, plans to raise ₹400 Cr to refinance existing debts. They are in talks with NBFCs and private equity funds, and part is raised through NCDs.
Blackstone anticipates a substantial profit of approximately ₹210 Cr from its joint venture with Embassy Property Developments in Bangalore, marking a significant Indian real estate investment.
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.