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 […]
Real estate firm Omaxe Group has repaid Rs 80 crore loans, including interest amount, from government-backed stress fund SWAMIH.In a statement on Tuesday, Omaxe said it had fully repaid loans from the SWAMIH fund in two projects in New Chandigarh and Prayagraj. The SWAMIH (Special Window for Affordable and Mid-Income Housing) fund had sanctioned Rs […]
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 […]