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PNB Housing Finance: Carlyle Group Entity Seeks to Divest 10.44% Stake via Block Deals

real estate news

PNB Housing Finance: Carlyle Group Entity Seeks to Divest 10.44% Stake via Block Deals

PNB Housing Finance's stock has seen a significant 11% increase in 2025, as a Carlyle Group entity prepares to divest 10.44% of its stake through block deals. Read on to understand the implications and market dynamics.

May 1, 2025
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DLF Sells IT SEZ and Land Parcel in Kolkata for ₹693 Crore

real estate news

DLF Sells IT SEZ and Land Parcel in Kolkata for ₹693 Crore

DLF, one of India's largest real estate developers, has announced the sale of its IT Special Economic Zone (SEZ) and a land parcel in Kolkata for ₹693 crore. This strategic move is part of the company’s broader plan to streamline its portfolio and focus on core growth areas.

April 16, 2025
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Aditya Birla Group Offloads Pulp & Paper Business to ITC for Rs 3,500 Crore

Real Estate Mumbai

Aditya Birla Group Offloads Pulp & Paper Business to ITC for Rs 3,500 Crore

Aditya Birla Group has divested its pulp and paper business, Century Pulp and Paper (CPP), to ITC for a significant sum of Rs 3,500 crore. This strategic move is set to bolster ITC's position in the paper and packaging industry.

March 31, 2025
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ABREL Sells Century Pulp and Paper for Rs 3498 Crore: A Strategic Move

Real Estate

ABREL Sells Century Pulp and Paper for Rs 3498 Crore: A Strategic Move

Aditya Birla Real Estate Limited (ABREL), the realty arm of the Aditya Birla Group, has announced the divestment of its Century Pulp and Paper undertaking for a significant amount of Rs 3498 crore. This strategic move is expected to bolster ABREL's financial position and allow for further expansion in the real estate sector.

March 31, 2025
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ABREL Sells Century Pulp and Paper for Rs 3498 Crore in Strategic Move

real estate news

ABREL Sells Century Pulp and Paper for Rs 3498 Crore in Strategic Move

Aditya Birla Real Estate Limited (ABREL), the real estate division of the Aditya Birla Group, has divested its stake in Century Pulp and Paper for Rs 3498 crore. This strategic move aims to streamline operations and focus on core real estate projects.

March 31, 2025
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Aditya Birla Real Estate Sells Century Pulp and Paper to ITC for Rs 3,498 Crore

Real Estate

Aditya Birla Real Estate Sells Century Pulp and Paper to ITC for Rs 3,498 Crore

The divestment will further enable Aditya Birla Real Estate to focus on and pursue growth opportunities in its core business, real estate.

March 31, 2025
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Aditya Birla Group Sells Century Pulp and Paper to ITC for Rs 3,498 Crore

real estate news

Aditya Birla Group Sells Century Pulp and Paper to ITC for Rs 3,498 Crore

Aditya Birla Group has completed the sale of Century Pulp and Paper to ITC for Rs 3,498 crore, a move aimed at strengthening its focus on core real estate and other strategic business segments.

March 31, 2025
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ABREL Sells Pulp & Paper Business to ITC for Rs 3498 Crore

Real Estate Pune

ABREL Sells Pulp & Paper Business to ITC for Rs 3498 Crore

Aditya Birla Real Estate Limited (ABREL) has divested its pulp and paper business to ITC for Rs 3498 crore, aiming to concentrate on its core real estate operations.

March 31, 2025
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Aditya Birla Real Estate Streamlines Portfolio, Divests Century Pulp and Paper for Rs 3498 Cr

Real Estate Mumbai

Aditya Birla Real Estate Streamlines Portfolio, Divests Century Pulp and Paper for Rs 3498 Cr

Aditya Birla Real Estate has made significant moves to streamline its portfolio by divesting Century Pulp and Paper for Rs 3498 crore. This strategic decision aligns with the company's vision to focus on core real estate projects and enhance its market position.

March 31, 2025
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Cineline India Sells Goa Hotel for Rs 270 Crore, Becomes Net Debt-Free

Real Estate Mumbai

Cineline India Sells Goa Hotel for Rs 270 Crore, Becomes Net Debt-Free

Cineline India, a prominent player in the real estate and hospitality sectors, has successfully sold its Goa hotel for Rs 270 crore, making it net debt-free. This strategic move is part of the company's broader plan to monetize non-core properties and focus on its core business.

March 29, 2025
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DLF to offload Kolkata Tech Park 1 for Rs 637 crore to RDB Primarc

Real Estate

DLF to offload Kolkata Tech Park 1 for Rs 637 crore to RDB Primarc

DLF, the country's leading real estate developer, is set to sell its Kolkata Tech Park 1 business undertaking to RDB Primarc Techno Park LLP for Rs 637 crore. This strategic move is expected to bolster DLF's financial position and allow the company to foc

November 29, 2024
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HDFC Bank to Offload HDFC House and Other Real Estate Assets

Real Estate

HDFC Bank to Offload HDFC House and Other Real Estate Assets

Property experts predict that HDFC Bank's decision to divest its real estate portfolio will reinforce the growing trend of financial institutions in India shedding their non-core assets.

November 11, 2024
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HDFC Bank Plans to Divest HDFC House and Other Real Estate Assets

real estate news

HDFC Bank Plans to Divest HDFC House and Other Real Estate Assets

HDFC Bank is set to divest its stake in HDFC House and other real estate assets, a move that aligns with its strategy to capitalize on the current demand surge in the commercial property market.

November 11, 2024
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LIC's Roadmap to Enhance Value: 5 Key Performance Indicators

Real Estate

LIC's Roadmap to Enhance Value: 5 Key Performance Indicators

Life Insurance Corporation of India (LIC) has identified five key performance indicators to focus on for value enhancement, including digital innovation, divestment of real estate assets, agency transformation, focus on product mix, and growth in market s

August 5, 2024
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