Tag: Real Estate

Till date, assets worth ₹2.1-lakh crore have been floated through InvITs (64 per cent) and REITs 36 per cent) and these platforms may see over ₹3.5-lakh crore assets getting monetised in next one year, according to ICRA Infrastructure Investment Trust (InvIT) and Real Estate Investment Trust (REIT) structures are expected to see healthy traction ...

The Ministry of Housing and Urban Affairs (MoHUA) has approved 708 proposals for construction of 3.61 lakh houses under Pradhan Mantri Awas Yojana – Urban (PMAY-U). The decision was taken at the 54th Meeting of the Central Sanctioning and Monitoring Committee (CSMC). These houses are proposed to be constructed across Beneficiary Led Construction and ...

Helped by the transaction with Blackstone which contributed ₹1,175.8 crore to the bottomline, Prestige Estates Projects Ltd has posted a net profit of ₹1,350.5 crore on a consolidated basis for the Q4 of FY 2020-21 as against ₹51.1 crore recorded in the same period last year. The company’s total income is higher by 17.04 ...