News
Embassy enters into strategic sale of its partial shareholding in Embassy Office Parks REIT, “Embassy REIT” to Bain Capital
New Delhi, March 3, 2023: Embassy Property Developments Pvt. Ltd., has entered into a strategic sale of a certain portion of its shareholding in Embassy Office Parks REIT (“Embassy REIT”) to Bain Capital, says a press release issued by the company.
As sponsor of Embassy REIT, it does not have any future plans to sell further ownership in the REIT. Over the next few months, Embassy Group will monetize certain other assets to additionally ease debt levels and strengthen its balance sheet. It has also had sales in excess of Rs 1100 crores in this fiscal year to help towards debt repayment.
RERA Gurugram to Verify Two-Thirds Consent for Plan Changes
Gurugram / September 9, 2024: The Real Estate Regulatory Authority (RERA) of Gurugram has decided to check the veracity of...
IndiQube Gets ‘CRISIL A+’ Rating, Reports Rs 68 Crore in PAT for FY24
Bengaluru / September 9, 2024: CRISIL Ratings has upgraded its rating for flexible workspace company ‘IndiQube’ to “CRISIL A+/Stable”. The company generated...
JSW Infra Approves Capex of Rs 2,359 Crore for Capacity Expansion
New Delhi / September 9, 2024: JSW Infrastructure Limited, a part of the JSW Group and India’s second-largest private commercial port...
‘The Art Event’ Brings Retro Bollywood to Life at Pacific Mall
New Delhi / September 9, 2024: Pacific Mall NSP Pitampura hosted ‘The Art Event’, showcasing live paintings by 40 artists...
Prateek Group Marks Two Decades of Success in Real Estate, Celebrates 20th Foundation Day with Grandeur
Noida / September 9, 2024: Prateek Group celebrated its 20th Foundation Day, marking two decades of outstanding achievements. The event...
Industry Leaders Predict Strong Real Estate Market Performance During Ganesh Chaturthi
Ganesh Chaturthi, a significant festival in Maharashtra, is particularly auspicious for real estate investments. The sector experiences a surge during...
-
News3 weeks agoReal Estate Consultancy Firm Jenika Ventures Expands Operations with Bengaluru Office Launch
-
News2 weeks agoNoida and Greater Noida’s Registered Residential Transactions Grow Double-Digit Gains in June Quarter: Square Yards
-
News3 weeks ago
Urban Square Mall Unveils Foocket Sports Arena, Brings the Biggest Turf in Udaipur
-
News4 weeks agoPune’s Registered Transactions Jump 50% YoY in June Quarter; Avg Home Sales Value Hits Record High
-
News3 weeks agoUnion Cabinet Approves Thane Ring Metro Project, Set to Transform the Region’s Realty Landscape
-
Guest Column2 weeks ago
Indian Entrepreneurs Transforming Dubai’s Business Landscape
-
News2 weeks ago
U.P. RERA Urges Allottees to File Claims with IRPs Amid Insolvency Proceedings for Five Real Estate Companies
-
Guest Column4 weeks ago
Enhancing the Incredible Joy of Shopping During Monsoons at Chandni Chowk
