Tag: #IL&FS

Tata Capital Housing Finance (TCHF) raised Rs.1000 crore from LIC of India.

November 19, 2019

Life Insurance Corporation, India’s biggest insurer, has invested Rs 1000 crore in Tata Capital Housing Finance (TCHF). Three people with direct knowledge said this, in the wake of signs that the debt market is improving. More than a year ago, the infrastructure giant IL&FS induced a financial crunch that kept the most powerful domestic institutional […]

Tata Capital Housing Finance (TCHF) raised Rs.1000 crore from LIC of India.more

Government is trying to revive the housing sector by providing guarantees on Home Loans.

September 13, 2019

By Abhay Shah, Realty Quarter A senior finance ministry official said the government is proposing a fund that will provide guarantees to those who would otherwise not be entitled to a housing loan, enabling them to borrow funds to purchase a house. As part of a plan being formulated by the government to assist the housing […]

Government is trying to revive the housing sector by providing guarantees on Home Loans.more

Get ready for upcoming waves in Real Estate India this year

The next set of Relief Measures can be for the Real Estate Sector: MoS Thakur.

September 7, 2019

By Abhay Shah, Realty Quarter Minister of State for Finance Anurag Thakur said the government will quickly follow up with its next set of relief measures, this time for the real estate industry. For multiple factors, including tight liquidity, many builders default, and high property costs, the real estate industry is facing a multi-year slowdown […]

The next set of Relief Measures can be for the Real Estate Sector: MoS Thakur.more

Benjamin Netanyahu collaboration with India

Benjamin Netanyahu invites Indian realtors to collaborate on projects with Israeli companies.

August 7, 2019

By Abhay Shah, Realty Quarter On Tuesday Israel’s Prime Minister Benjamin Netanyahu invited Indian real estate developers to collaborate with Israeli companies to increase efficiency and profitability. “When you partner with Israelis who want to associate with you in order to capture the future together, you can boost the productivity and profitability of your enterprises too,” Netanyahu said here through video messaging conference while addressing the apex body of the realty developer Credai. Israel and India are already working in collaboration in many fields like security, agriculture, cyber and IT, and now construction and real estate. […]

Benjamin Netanyahu invites Indian realtors to collaborate on projects with Israeli companies.more

Realty companies choose primary market as their main source for raising capital.

July 9, 2019

By Abhay Shah, Realty Quarter In the first half of 2019, property developers in India raised more money from primary markets than they rose in a decade. As from June, Prime Database reported that developers raised approximately Rs 10,023 crore from the primary markets via two qualified institutional placements (QIPs) and a real estate investment trust (REIT) […]

Realty companies choose primary market as their main source for raising capital.more

DHFL got 7 days grace period, after failing Rs.1,000 crore plus obligation deadline.

June 6, 2019

By Abhay Harish Shah, Realty Quarter On Tuesday the Dewan Housing Finance Ltd (DHFL) was supposed to pay the outstanding bonds but, the deadline is passed and the payment is still on due. DHFL has got 7 days grace period later. The company is in discussion with financiers who can help to meet its Rs.1,000 […]

DHFL got 7 days grace period, after failing Rs.1,000 crore plus obligation deadline.more

IL&FS planning to raise Rs 5,000-6,000 crore by selling its Non-core Real Estate Assets.

May 31, 2019

By Abhay Harish Shah, Realty Quarter Infrastructure Leasing & Financial Services (IL&FS) is planning to sell its non-core real estate assets, which also includes its headquarters in Mumbai. In order to reduce debt and improve cash position Infrastructure group is planning to raise Rs 5,000-6,000 crore by selling its non-core assets. There are approx 50 […]

IL&FS planning to raise Rs 5,000-6,000 crore by selling its Non-core Real Estate Assets.more