Top Stories

 Exclusive: Assetz Property may seal platform deal for commercial assets

Swet Sarika

Platform deals, which allow investors and developers to come together for a bunch of projects, have become the norm in the real estate ecosystem and the latest developer to explore this deal structure is Singapore-headquartered Assetz Property.

Piramal invests $110 mn more in Adarsh Developers

Swet Sarika

Piramal Fund Management, the real estate-focused investment arm of Piramal Enterprises Ltd, has invested Rs 750 crore (about $110 million) across a bunch of projects of Bangalore-based Adarsh Developers.

SARE Homes raises $63.5 mn from Altico Capital, KKR

TEAM VCC

Realty developer SARE Homes has raised Rs 435 crore (around $63.5 million) from non-banking financial company (NBFC) Altico Capital and global investment firm KKR for a township project in National Capital Region (NCR), the Indian investment firm said in a statement.  

In Charts: How bank loans to residential real estate are growing

Keshav Sunkara

A slowdown in the real estate sector that has deterred buyers is also affecting banks’ loan growth. In fact, the rate of growth in credit to residential mortgages has slipped to a four-year low in 2015/16, data from Centrum Capital show.

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