MUMBAI: Global ratings agency Fitch has downgraded the leading real estate player Macrotech Developers, formerly Lodha Developers, due to the concerns on liquidity management. Any rating below BBB- is junk… Read more »
NEW YORK : Investors may be stumped by some of the finances WeWork owner We Company unveiled this week in its filing to go public, in particular a $486 million… Read more »
NOIDA: Six people, including a minor, got injured allegedly in “police action” on Wednesday during a protest of flat buyers from Shahberi village outside the office of Greater Noida Industrial… Read more »
PUNE: Builder D S Kulkarni’s brother Makrand, arrested in connection with a Rs 2,000-crore cheating case, had allegedly sold a land to DSK Developers at an inflated rate and “misappropriated”… Read more »
DUBLIN: UK-based real estate firm Henderson Park is to buy Irish commercial property investment trust Green REIT in a deal that values the firm at 1.34 billion euros, a 25%… Read more »
MUMBAI: Global rating agency Moody’s on Wednesday downgraded Indiabulls Housing Finance (IBH) long- term corporate family rating to Ba2 from Ba1, while changing its outlook to negative from stable. The… Read more »
NEW DELHI: Nearly 2.2 lakh housing units, worth Rs 1.56 lakh crore, launched in 2011 and before across seven major cities are yet to be completed by real estate developers,… Read more »
NEW DELHI: US-based co-working operator WeWork is expanding its India business and foraying into Pune market where it has taken on lease over 1.22 lakh sq ft office space to… Read more »
MUMBAI: The Reserve Bank of India (RBI) on Tuesday said housing finance companies (HFCs) will be treated as one of the categories of NBFCs for regulatory purposes and it will… Read more »
NEW DELHI: The government of India has issued guidelines on operationalising Rs 1-lakh crore partial guarantee scheme under which public-sector banks can purchase high-rated pooled assets of financially sound non-banking… Read more »