Tata Capital Housing Finance to obtain investment of Rs 390 crore from IFC

By Accommodation Times News Services International Finance Corporation (IFC) is planning to invest around Rs 390 crore in Tata Capital Housing Finance Limited (TCHFL). The investment will involve an IFC subscription of up to the rupee equivalent of about Rs 390 crore to a secured non-convertible debenture issued by the company in one or more

Tata Group Reorganises Realty, Infra Biz

By Accommodation Times Bureau MUMBAI Tata Sons on Thursday said that the reorganisation of its Realty and Infrastructure business was in order to simplify structures and scale business rapidly. Tata’s realty business now will include Commercial Real Estate and Housing businesses and will be run as a joint business, said the statement. N. Chandrasekaran, Chairman,

Housing Finance touches lowest rates in last ten years

By Accommodation Times Bureau Banks are flushed with funds and RBI is continuously asking them to lend it to priority sector, which makes them compulsory to lend to retail customers. Last Union Budget also announced a subsidy to Middle Income Group Subsidy and on affordable housing lending. Actually, housing finance market

Tata Group bets big on home finance sector, to invest Rs 300crore more

By Accommodation Times News Service The $103-billion group will invest another Rs. 300crore through its subsidiary Tata Capital after already pumping in Rs. 200crore by subscribing convertible preference shares so far this fiscal year The Tata Group is placing a big bet on its home finance business with ambitions of matching Housing

Tata Housing, Macquarie in talks for Rs 2,500crore fund

By Accommodation Times News Service The deal is expected to close this month, sources said. Realty firm Tata Housing is in advance stage of discussions with private equity fund Macquarie to set up a joint platform with a corpus of about Rs 2,500crore for developing luxury housing project across major cities. The deal

Tata Capital Housing giving home loans at 4%rate

By Accommodation Times News Service Tata Capital Housing Finance Limited announced the launch of ‘Prapti’ – a Home Loan Scheme to cater to the low income segment in the affordable housing space. Tata Capital Housing Finance Limited (TCHFL), the wholly owned subsidiary of Tata Capital, announced the launch of 'Prapti' - a

IFC to invest Rs. 160 crores in Tata Value Homes for building affordable homes

By Accommodation Times News Services The International Finance Corporation (IFC), a member of the World Bank Group, will invest Rs. 160 crore alongside Tata Value Homes (TVH), a subsidiary of Tata Housing, to finance affordable housing projects for low-income households across India. The project will help bridge the country’s significant housing

Housing Finance War in offing

By Accommodation Times News Services   Housing finance war is in offing with new players wanting to explore new markets, old foxes are sustaining their brand and connection within the industry by pumping in funds through venture capital and asking for monopoly. New entrant like Tata Capital, L&T Home Finance, Relaince Home