Ministry of Civil Aviation is examining relaxation of height standards for real estate projects

NEW DELHI: The Civil Aviation Ministry is conducting a study to explore relaxation of height restrictions for real estate projects as the Center seeks to enable faster vertical development in cities amid land constraints, Civil Aviation Minister Kinjarapu Ram Mohan Naidu said on Friday.According to him, “India’s real estate market is expected to reach $1 […]

Signature Global gets approval to raise up to Rs 875 crore through NCDs

Gurugram-based real estate developer Signature Global has received approval from the bond commission to raise up to Rs 875 crore through non-convertible debentures on a private placement basis, according to a regulatory filing on Thursday. In June, the company’s board had approved raising funds through the issuance of covered listed redeemable NCDs. “The debenture committee […]