Ummeed Housing Finance Raises Rs 630 Crore in Equity
Ummeed Housing Finance has successfully raised Rs 630 crore in equity funding. This capital injection aims to bolster the company’s expansion plans, enhance its lending capabilities, and support its mission of providing affordable housing finance to underserved segments of the market. The article explores the details of the funding round
Asking Prices for UK Houses Stagnate in June: Rightmove
According to property portal Rightmove, asking prices for houses in the UK stagnated in June. This trend indicates a cooling market, influenced by rising interest rates and economic uncertainty. The article explores the factors behind this stagnation and its implications for buyers and sellers in the UK’s housing market. London,
Oyo in Advance Talks to Raise Rs 1,000 Crore
Oyo, the hospitality giant, is in advanced talks to raise Rs 1,000 crore to bolster its financial position and support its growth and expansion plans. The fundraising effort is part of Oyo’s strategy to enhance its technology infrastructure, expand its market reach, and improve customer experience across its global operations.
Worldwide Realty Launches 178 Prime Industrial Plots in Manesar
Gurugram, Haryana – Wednesday, June 17, 2024 – Worldwide Realty is excited to announce the launch of 178 HRERA-approved industrial plots in Manesar, spanning 112.5 acres land. This strategic initiative aims to meet the growing demand for industrial spaces in the region, offering robust infrastructure and unparalleled connectivity. These plots are part
SPR: The Heart of Gurugram’s Prominent Growth and Future Potential
BY: Ravi Aggarwal, Co-Founder and Managing Director Signature Global (India) Limited SPR is strategically positioned as the heart of Gurugram, akin to the south parts of major cities such as South Delhi and South Mumbai, and it has experienced prominent growth, with even more impressive potential on the horizon. As
ESR Group Buys 27-Acre Land in Chennai for Rs 276 Crore
ESR Group has acquired a 27-acre land parcel in Chennai for Rs 276 crore. This strategic investment is aimed at expanding ESR’s logistics and industrial park portfolio in India, catering to the growing demand for modern warehousing and distribution centers. The article discusses the details of the acquisition, the intended
Investors Prefer Single-Owned and Managed Commercial Properties
Investors are increasingly favoring single-owned and managed commercial properties over other types of investments. This trend is driven by the stability, streamlined management, and attractive returns associated with such properties. The article explores the reasons behind this preference and its implications for the commercial real estate market. In the ever-evolving
Delhi Development Body Likely to Start Handing Over EWS Flats from July 2024
The Delhi Development Authority (DDA) is set to begin handing over flats for Economically Weaker Sections (EWS) starting July 2024. This move is part of a broader effort to provide affordable housing and improve living conditions for low-income families in the capital. The article outlines the details of the initiative,
Complete Projects Under Dilli Gramodaya Abhiyan by August: Delhi LG
Delhi Lieutenant Governor (LG) has directed the completion of projects under the Dilli Gramodaya Abhiyan by August. The initiative focuses on rural development within the city, aiming to enhance infrastructure, sanitation, and overall quality of life in Delhi’s villages. The directive underscores the administration’s commitment to improving rural areas and
Proposal to Extend Delhi Metro’s Red Line Approved
A proposal to extend Delhi Metro’s Red Line has been approved, promising to enhance connectivity and ease commuting for residents. The extension aims to cover additional key areas, improving access to public transportation and reducing travel time. The article details the scope of the extension, its expected benefits, and impact
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