Good time to invest in Micro – markets

By Accommodation Times Bureau Amit Wadhwani, Director Sai Estate Consultants (Guest Article) Up until now, buyers were taking a wait and watch approach. A lot of new policies and rules were being implemented. However, we can now expect buyers to come back to the market. The overall market sentiment has also improved, which

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

Acquisition of HPCL by ONGC

By Accommodation Times Bureau NEW DELHI Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Skill Development and Entrepreneurship, on Monday, briefed about the acquisition of Hindustan Petroleum Corp. Ltd (HPCL) by Oil and Natural Gas Corp. Ltd (ONGC). Pradhan informed that “The Government of India entered into an agreement with ONGC on

Piramal Capital to invest Rs 5,000 Cr in real estate

By Accommodation Times Bureau HYDERABAD Piramal Capital on Thursday said to boost its business from real estate segment, it has pledged to invest more than Rs 5,000 crore over the next two years in Hyderabad’s real estate sector. According to Khushru Jijina, managing director, Piramal Finance Limited and Piramal Housing Finance Limited, “We

FinBucket Raises Rs 12 crore From Impanix Capital for business Expansion

By Accommodation Times Bureau NEW DELHI FinBucket.com, a loans and investments marketplace, has raised INR 12 Crore ($2 million) from Impanix Capital. The FinBucket platform helps to connect lenders and borrowers in India more efficiently by providing a user-friendly experience for consumers. It leverages a broader set of data which was not

Tamil Nadu Regaining Industrial Investment Momentum

By Accommodation Times Bureau JLL India Research Industrial investments into Tamil Nadu have regained an upward curve despite ongoing political uncertainties in the state. Post the Global Investors meet for Tamil Nadu held in September 2015, the State was not very active in industrial investment promotional activities. However, the Department of Industries

Kotak Realty invests Rs 244 crore for early completion of Marina Mall

By Accommodation Times Bureau CHENNAI To aid the completion of Marina Mall in Chennai, Kotak India Real Estate Fund has invested Rs 244 crore in OMR Mall Developers Pvt. Ltd. (OMRD), said a top executive of developer Allied Housing. “We have raised Rs 244 crore from Kotak India Real Estate Fund through the