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
Kalpataru's Rs 1,590 Crore IPO Opens: A Strategic Move in the Real Estate Sector
Real estate major Kalpataru's Rs 1,590 crore IPO opens on Tuesday, with the price band set at Rs 387-414. The funds will be used for debt pre-payment and general corporate purposes.
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 Maharashtra
M3M India to Repay ₹1300 Crore Indiabulls Loan by Q1 FY26
M3M India, a prominent real estate developer, has announced its plan to close a ₹1300 crore loan from Indiabulls by the first quarter of the fiscal year 2026. This strategic move underscores the company's commitment to financial discipline and long-term growth.
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.
real estate news
Adarsh Developers Repays ₹750 Crore Debt, Demonstrates Financial Discipline
The company's emphasis on financial discipline will likely attract further investments and partnerships in the competitive real estate market.