MUMBAI: Liquidity risk is increasing for Indian real estate developers as non-bank financial institutions (NBFIs) including housing finance companies are shying away from lending to the sector, Fitch Ratings said… Read more »
MUMBAI: Global ratings agency Fitch has downgraded the leading real estate player Macrotech Developers, formerly Lodha Developers, due to the concerns on liquidity management. Any rating below BBB- is junk… Read more »
NEW YORK : Investors may be stumped by some of the finances WeWork owner We Company unveiled this week in its filing to go public, in particular a $486 million… Read more »
NOIDA: Six people, including a minor, got injured allegedly in “police action” on Wednesday during a protest of flat buyers from Shahberi village outside the office of Greater Noida Industrial… Read more »
PUNE: Builder D S Kulkarni’s brother Makrand, arrested in connection with a Rs 2,000-crore cheating case, had allegedly sold a land to DSK Developers at an inflated rate and “misappropriated”… Read more »
DUBLIN: UK-based real estate firm Henderson Park is to buy Irish commercial property investment trust Green REIT in a deal that values the firm at 1.34 billion euros, a 25%… Read more »
MUMBAI: Global rating agency Moody’s on Wednesday downgraded Indiabulls Housing Finance (IBH) long- term corporate family rating to Ba2 from Ba1, while changing its outlook to negative from stable. The… Read more »