In the last two financial years, Omaxe claims to have repaid net Rs550-crore to lenders as principal payment and reduced its debt form Rs1,400-crores to Rs850-crore. Full story
Omaxe secures Rs440-cr funding from Varde for expansion, delivery
REAL ESTATE
Asia-Pacific’s real estate boom sees buyers bidding up prices
Housing prices have shot up across cities in Asia-Pacific this year, fueled by record low interest rates amid the pandemic […]
PROJECT FINANCE
Second Covid wave: Housing financiers see stress rising across retail loans
The impact of the second Covid wave is being felt by Indian banks and non-banking financial companies across retail segments […]
REAL ESTATE
Developers lobby for GST on redevelopment
The economics of redevelopment projects, a type of an urban real estate renewal method where realty players takeover old buildings and rebuild them, has gone awry in the last few years following implementation of GST in 2017 […]
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