Listen To The Article The government has been urged to introduce the second fund under the Special Window for Affordable and Mid-Income Housing (SWAMIH-2) in the upcoming Union Budget 2023–2024, which will be expected to be announced soon. In a letter to the finance minister Nirmala Sitharaman, National Real Estate Development Council (NAREDCO) requested that the program be expanded...
Listen To The Article The real estate developer Shapoorji Pallonji Real Estate (SPRE) and PAG (an investment company) have to get involved to revive a super-luxury residential project in south Mumbai, “The Minerva,” India's tallest residential building, in South Mumbai's Mahalaxmi locality. The project will be developed and executed by the current developer, Lokhandwala Kataria...
Listen To The Article Motilal Oswal Group has provided Rs 450 crore to Shapoorji Pallonji Real Estate (SPRE) to fund two Shapoorji Pallonji Real Estate projects. Motilal Oswal Alternates, the Motilal Oswal Group's investment arm, has committed Rs 450 crore to Shapoorji Pallonji Real Estate. The funds were allocated to complete two projects. One of the projects is a partially...