CAF Rules will pave way for transfer of Rs 52, 000 Cr green fund to states: Environment Minister

By Accommodation Times Bureau NEW DELHI Underlining that the CAF Bill was earlier passed by Lok Sabha in the year 2008, but the same could not be passed in Rajya Sabha, Union Minister for Environment, Forest and Climate Change, Harsh Vardhan said,  CAF Act will come into force from September 30, 2018. He

SBI to raise Rs 5k crore through bonds for affordable housing

By Accommodation Times Bureau NEW DELHI On Tuesday, State Bank of India (SBI) said it proposes to raise Rs 5,000 crore to fund affordable housing through long-term bonds. SBI said in a filing to stock exchanges, that the proposed bond raising programme aims at funding infrastructure and affordable housing. For financing of infrastructure and

Kolte-Patil developers to raise Rs 193 Cr from KKR

By Accommodation Times Bureau MUMBAI To raise Rs 193 crore from global investment firm KKR,  a Kolte-Patil I-Ven Townships (Pune) (KPIT) a joint venture company of Kolte-Patil Developers’ has entered into an agreement with KKR. The said company is a joint venture between Kolte-Patil and ICICI Venture Funds Management Company. Ashish Khandelia, Director,