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XRBIA GROUP
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.
- 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.
- 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...
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