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hBits gets Sebi licence to launch SM-REIT; plans to raise up to Rs 500 cr via IPOhBits, which facilitates fractional investment in commercial real estate, has received a licence from markets regulator Sebi to launch its ...- hBits gets SEBI's SM REIT nod, aims Rs 2,000-cr assets under management by 2026hBits has secured SEBI's approval to launch its SM REIT, planning its IPO by June and aiming to migrate its existing portfolio. Targeting a...
- hBits raises Rs 40 crore from Thackersey Group entity in Series A fundingFractional ownership platform hBits has raised Rs 40 crore in Series A funding from Capricon Realty. The funds will support its AI-driven p...
- hBits raises Rs 40 crore from investors to grow fractional ownership platform businesshBits has secured Rs 40 crore in Series A funding from Capricon Realty to enhance its AI-driven platform, expand its geographical reach, an...
- Devvrat Developers buys 5 sea-facing luxury apartments in Mumbai’s Prabhadevi for Rs 113 crThe transaction includes a duplex on the 45th and 46th habitable floor and four spacious apartments on the 45th floor measuring a built-up ...
- Reliance Ind’s joint CFO buys two sea-facing apartments in Mumbai’s Prabhadevi for Rs 40 crShrikanth Venkatachari has bought the two apartments, spread over 6,685 sq ft in the '25 South' tower, along with his wife. The apartments ...
- Oaktree Capital invests Rs 425 cr in Hubtown-Rising Straits’ Prabhadevi projectPart of the funds raised through this transaction will be utilised to complete the project and partly to retire the existing debt facility ...
- Welspun India MD Mandawewala buys penthouse in Prabhadevi for Rs 150 croreApartment, spread over 18k sq ft in Wadhwa project, has been sold as a bare-shell luxury pad
- DB Realty, Rustomjee in talks for housing projectThis is DB Realty’s fourth monetization pact after forming joint development agreement for its projects in Bandra, south Mumbai’s Mahalaxmi...
- NRI tycoon C Sivasankaran sells Prabhadevi mill stake, pockets Rs 450 croreNRI tycoon C Sivasankaran has sold his 50% stake in the 5.3-acre Hindoostan Mills opposite Siddhivinayak Temple at Prabhadevi for almost Rs...
- Escrow services for real estate transactions still to gain popularityIn an industry where every year $2.5 billion, or about 13,000 crore, worth of institutional real estate transactions are completed, the val...
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