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L&T Finance to sell Rs 4,762 crore of distressed assetsL&T Finance, a subsidiary of listed L&T Finance Holding, had invited offers from ARCs for a portfolio of ₹5,293 crore comprising 16 account...- L&T Finance sells real estate loans to Phoenix ARC for over Rs 1,000 crThe portfolio included six real estate accounts sold for ₹1,075 crore, equating to a 60% recovery for L&T Finance, the people said. The fin...
- Piramal Capital sells bad loans to Omkara ARCThe non-banking finance company had called for bids under a cash-security receipt structure, based on an existing offer. Omkara Asset Recon...
- Arcil offers Rs 700 cr for L&T Fin's Xrbia bookArcil offered ₹700 crore in a combination of cash and security receipts for a portfolio of ₹880 crore, the people said. The ARC's offer wou...
- L&T Finance invites bids for ₹880-cr Xrbia loansThe five accounts comprise Xrbia Developers with a debt of ₹435 crore, Xrbia Chakan Developers with ₹164 crore, Xrbia Warai Developers with...
- Realtor to repay premium for not delivering promised viewThe complainant homebuyer had booked an apartment in the developer’s project Xrbia Eiffel City Chakan PH2 situated at Chakan in Pune throug...
- Mumbai is witnessing a trend of micro flats as stakeholders make the best use of limited spaceMumbai residents are used to what is called matchbox dwellings. But even for these people living in a 189 sq ft apartment would come as a s...
- Private developers to tap affordable housing policy pushPrivate developers too are looking to tap the government's policy push and are entering the segment in a big way, offering a wide array of ...
- IPL 10: Overcrowding of logos make many advertisers going unnoticedThe question remains that with so many brands joining the fray, brand recall and thus a return on investment can be a challenge.
- XRBIA plans Pan-India footprint, in talks for 12 joint venturesIn addition to this, the realty developer is also looking to tap the affordable housing segment in international markets including Dubai, N...
- Xrbia to tap Africa, Canada, France for overseas expansionFounded in 2012, Xrbia has so far built 15 million sq ft of projects and has an additional 15 million sq ft under construction in and aroun...
- XRBIA Developers forays into affordable housing in UKIn London, Xrbia’s maiden project is setting out to deliver these ‘micro’ homes spread over 400 sq ft at a cost of around 80,000 pounds and...
- Government penalised directors of 14 companies, says Arun JaitleyThe total penalties imposed on directors - of companies whose annual turnover was more than Rs 50 crore - touched nearly Rs 2 crore.
- Brick Eagle eyes investments in Karnataka, Kerala and RajasthanTo tap affordable housing market, global private equity firm Brick Eagle plans to buy into realty firms having interests in Karnataka, Kera...
- Property buyers spoilt for choice as developers pushing salesRealty players like Kolte-Patil Developers, Tata Housing, Puravankara Projects, Godrej Properties among others are using online platform to...
- Motilal Oswal real estate fund sells stake in two projectsThe real estate fund has exited three of its seven investments to make around 77% of the Rs 200 crore it invested since 2008.
- Motilal Oswal realty arm raises Rs 440 croreMotilal Oswal Real Estate, an arm of Motilal Oswal Private Equity, has raised Rs 440 crore through its second property fund after exercisin...
- Low-cost-housing company Brick Eagle turns realty incubatorBrick Eagle already invested in a branding and communications co to build low-cost real estate players’ brands, a BPO company to sell flats...
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