Open for all kinds of opportunities where our risk-rewards match: SL Jain, Indian BankAt the beginning of the year we said that last year margin was 3.41% and we should be able to protect our margin. We have ended with 3.61% ...
DLF Cyber City Developers raises Rs 2,500 crore in two LRDsThe two transactions follow one for Rs 2,400 crore that the company raised from State Bank of India in October 2020 at an interest of 7.35%...
Realty loan sanctions witness 29% sequential growth in July-SeptemberWhile the year-on-year comparison for the first nine months of 2020 shows 35% decline in sanctions at 117 loans, the sequential growth is a...
DLF raises Rs 2,400 crore from SBI through lease rental discountingIn the backdrop of general concerns over liquidity for real estate and rental assets, the deal assumes significance as the funding carries ...
Mall operators hurting, but divided over rental waiversLarge operators of malls such as Xander-backed Virtuous Retail, Select Group, Phoenix Group and Blackstone-backed Nexus have not waived ren...
Realtors, PEs borrow by showing rent as cash flowThe latest loan of Rs 2,250 crore was picked up by Blackstone for the Indiabulls property at an interest rate of 8.28 per cent. SBI provide...
For better valuations, realtors prefer to hold on to commercial propertiesRealty developers that also used lease rental discounting to monetise their commercial assets along with outright sale model are also now k...