Among the top seven cities, the National Capital Region (NCR) stood out with a 6 per cent rise in quarterly sales, reaching approximately 16,550 units in Q2 2024 compared to 15,650 units in Q1 2024
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The mid-range and premium property segments together account for more than 55 per cent of the current supply. Together, they recorded approximately 76,555 units sold in the first quarter of 2024 - nearly 60 per cent of the total sales
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As per the DRHP document, the initial public offering will be a combination of a fresh issue of equity shares of up to Rs 4,000 crore and an offer for sale (OFS) of equity shares worth Rs 3,000 crore by Bajaj Finance
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Dr. Subhash Chandra was represented by Trust Legal through Partners, Ms. Ritwika Nanda & Ms. Petal Chandhok and Associate, Ms. Shruti Gupta
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Warburg Pincus, a U.S private equity firm will acquire the stake in the affordable housing finance unit through its affiliate, Mango Crest at Rs 4,630 crore
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The Rs 3,000 book-built issue consists of fresh issuance worth Rs 1,000 crore and OFS worth Rs 2,000 crore with a price band of Rs 300 to 315
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Indegene, TBO Tek and Aadhar Housing Finance IPOs will cumulatively attempt to raise more than Rs 6000 crore from the equity market this week.
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Niranjan Hiranandani, Chairman Naredco says, that in a developed country like the USA, the rental housing policy is so successful that 50 per cent of its populace prefers to live in such utilities
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The Minister of State for Housing and Urban Affairs, Kaushal Kishore share that builders tend to quote around 15 per cent less than the actual amount during the tender process
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Bharat Agarwal, Vice President of NAREDCO, says, Builders have no incentives to build MIG homes due to lesser demand and margins
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