Real Estate Pune
Kalpataru Ltd Achieves 83% Year-on-Year Growth in Q1 Pre-Sales
Kalpataru Ltd, a prominent real estate developer, has reported an 83% year-on-year growth in pre-sales to Rs 1,249 crore for the quarter ended June, highlighting strong performance in the Pune and Mumbai markets.
Real Estate
Shapoorji Eyes $1 Billion Debt Payment in Potential Tata Sons Stake Sale
Shapoorji Pallonji Group is planning to use proceeds from a potential sale of its 18.4% stake in Tata Sons to repay a significant portion of its debt. The group aims to settle the outstanding 88.1 billion rupees ($1 billion) in bonds issued by Goswami Infratech Pvt. and maturing in April next year.
real estate news
Shapoorji Pallonji Considers Selling Tata Sons Stake to Repay ₹8,810 Crore Debt
Shapoorji Pallonji Group is considering selling its 18.4% stake in Tata Sons to repay a significant debt of ₹8,810 crore. The move could help the company reduce borrowing costs and free up funds for other projects.
real estate news
Elan Group Repays ₹875 Crore PAG Debt Early, Highlighting Strong Financial Health
Gurugram-based real estate developer Elan Group has early repaid ₹875 crore to Asia Pragati Strategic Investment Fund, showcasing robust financial discipline and positioning itself as a leader in the Indian real estate market.
real estate news
Kalpataru Sets IPO Price Band at Rs 387-414 per Share
Mumbai-based real estate firm Kalpataru Ltd has set the price band for its Rs 1,590 crore IPO at Rs 387-414 per share. The IPO opens on June 24 and closes on June 26, with funds earmarked for debt repayment and corporate purposes.
Real Estate
Atmosphere Realty Successfully Repays Rs 218 Crore Debt Ahead of Schedule
Atmosphere Realty, a prominent real estate developer in Mumbai, has successfully repaid a substantial Rs 218 crore debt well before the scheduled deadline. This significant financial milestone underscores the company's robust financial health and commitment to transparent business practices.