Real Estate News Update for August 23

Real Estate News Update for August 23

Dear Readers,

Welcome to the latest edition of ETRealty's daily newsletter, RealtyDigest! Through this especially curated newsletter, we aim to provide the latest real estate and allied industries' news, views, market trends, reports, video interviews and much more to help you navigate the world of real estate.

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Adani group promoters may sell 3% shares in Ambuja Cement for $500 million


Adani group promoters may sell up to 3 per cent of their shares in Ambuja Cements as part of a regular adjustment of holdings they carry to keep stake across the ports-to-energy conglomerate at desired levels, sources said.

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Delhi: Over 1,100 people registered in two DDA housing schemes on first day


More than 1,100 people registered in two housing schemes of the Delhi Development Authority (DDA) on the first day of the registration on Thursday, officials said.

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Ciena leases 1.35 lakh sq ft space in TRIL Tower in Gurugram


Ciena, a US networking systems, services and software company, has leased 135,000 square feet of office space in Gurugram's TRIL Tower by Tata Realty, people aware of the development said.

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Karnataka RERA appoints Rakesh Singh as its chairman


Karnataka Real Estate Regulatory Authority (K-RERA) with immediate effect, the state govt Thursday appointed Rakesh Singh, IAS (retired), as the chairperson of the entity on Thursday.

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Asia Opportunities V sells 3% stake in PNB Housing for Rs 676 crore


Asia Opportunities V (Mauritius) on Thursday offloaded a 3 per cent stake in PNB Housing Finance for over Rs 676 crore in an open market transaction, while the Government of Singapore purchased 16 lakh shares in PNB Housing Finance for Rs 143.74 crore.

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