Realty firm raises over Rs 270 Cr from Piramal for project

By Accommodation Times Bureau NOIDA To complete the ongoing project, a Noida based real estate firm Prateek Group has raised Rs 275 crore from Piramal Capital and Housing Finance for Grand City project. Prashant Tiwari, Chairman, Prateek Group said, “ We have raised Rs 275 crore from Piramal for our Grand City project.” The

National Urban Housing Fund created

By Accommodation Times Bureau The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given approval for creation of National Urban Housing Fund (NUHF) for Rs.60,000 crores.  This fund will be situated in Building Materials and Technology Promotion Council (BMTPC), an autonomous body registered under the Societies Registration Act, 1860

Shubham Housing Finance raises Rs 305 Cr from Premji Invest

By Accommodation Times MUMBAI Premji Invest a fully owned firm by Wipro, Chairman, Azim Premji, has invested Rs 305 crore into Shubham Housing Finance a low-cost housing finance company. “Out of Rs 305 crore that  Shubham Housing Finance has got from Premji Invest, Rs 70 crore would be paid to some of the existing

Indian Bank raises Rs 2000 crore for infrastructure & affordable home loans

By Accommodation Times Bureau Delhi/NCR Public sector lender Indian Bank declared on September 22, that it has raised Rs 2,000 crore to finance the infrastructure and affordable housing . The amount raised through issuing long term bonds is part of the bank's Rs 5,000 crore fund raiser plan to finance infrastructure and affordable housing in the country. "The

Low home ownership at 32%, future outlook positive for home finance in India: First IMGC – Home Hunt 1.1 research

    By Accommodation Times Bureau    Low home ownership at 32%, future outlook positive for home finance       in India: First IMGC – Home Hunt 1.1 research   Top constraints cited by respondents are high interest rates (38%), lack of savings and unwillingness to borrow (38%), high property rates (32%) and insufficient loan availability (32%) indicating urgent need to solve for