Piramal Capital and Housing Finance Secures $150 Million through Bond Sale
Piramal Capital and Housing Finance has successfully raised $150 million through a bond sale, marking a significant milestone in the company's growth trajectory.
Piramal Capital And Housing FinanceBond SaleReal Estate FinanceHousing FinanceCorporate FinanceReal EstateOct 05, 2024
Frequently Asked Questions
What is the amount raised by Piramal Capital and Housing Finance through the bond sale?
$150 million
What is the purpose of the funds raised through the bond sale?
The funds will be used to further expand the company's lending business, particularly in the real estate sector.
What is Piramal Capital and Housing Finance's focus area?
The company has a strong focus on the real estate sector, particularly in affordable housing and infrastructure development.
What is Piramal Enterprises' business profile?
Piramal Enterprises is a diversified conglomerate with interests in pharmaceuticals, financial services, and real estate.
What is the significance of the bond sale for Piramal Capital and Housing Finance?
The bond sale demonstrates the company's ability to raise funds from international investors and further strengthens its position as a leading player in the Indian financial services sector.
Tags:
Related News Articles
Mumbai's Real Estate Boom: 12% Surge in Property Registrations in June 2024
Mumbai's real estate sector has witnessed a remarkable 12% year-on-year increase in property registrations in June 2024, fueled by strong demand and economic stability.
Prime College Campus for Sale in Polur, Tamil Nadu - Unlock the Potential of Real Estate
Discover a rare real estate opportunity in Tamil Nadu's growing market. Contact JB Real Estate for inquiries and further details.
Hyderabad's Real Estate Market is Booming: What's Behind the Growth?
Real estate developers are bullish on Hyderabad's market, citing development initiatives and infrastructure projects as key factors.
Medanta Hospital Wins Mhada Auction for 2.2-Acre Oshiwara Plot in Mumbai
Get insights into the bids and developments in Mumbai real estate, as Medanta hospital acquires a 2.2-acre Mhada plot in Oshiwara for Rs 125 crore.
Bollywood Legend Dilip Kumar's Iconic Pali Hill Bungalow Sold for a Whopping Rs 155 Crores
The luxurious triplex apartment of the late actor has been sold to a renowned construction company, Apco Infratech Pvt Ltd, after a long legal battle.
Mumbai's Real Estate Market Defies Odds, Witnesses Best-Ever July Performance
The country's commercial capital witnessed a record-breaking July with over 12,129 property registrations, up 19% from a year ago, driven by brisk sales activity and high demand.