Real Estate News Update for December 1
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.
Subscribe and Stay Tuned for daily updates!
Exclusive
NEW DELHI: Bengaluru-based Concorde Group has lined up four launches having development potential of over two million sq ft in the next 12 months. In this financial year it expects to register revenue of about Rs 300 crore, which it plans to increase to Rs 800 crore by 2026.
Industry
The government is having a rethink of its plan to put in place a special framework for real estate under which insolvency proceedings would be restricted to only individual stressed housing projects and won't extend to their developers, a person aware of the details told ET.
Commercial
HCL Technologies Ltd plans to sell its office assets in Bengaluru as part of its strategy to monetise non-core real estate assets and streamline operations, said multiple aware of the matter.
领英推荐
Industry
NEW DELHI: Delta Corp (Delta), which owns and operates casinos and hotels, has made an investment of Rs 99,99,88,000 in Peninsula Land (PLL) which will issue 1,50,00,000 equity shares and 77,27,000 CCDs at Rs 44.
International
China Evergrande has until a Hong Kong court hearing on Monday to present a "concrete" revised debt restructuring proposal for offshore creditors, a judge said last month after its original plan had lapsed.
This is a condensed version of?ETRealty?Newsletter! Get the full version by subscribing here!
www.etrealty.com is an online resource for the latest news, analysis, and insights on the Indian real estate market. Our website provides comprehensive coverage of the real estate sector, including residential and commercial properties, infrastructure developments, and regulatory updates.
Follow us here for more updates!
Twitter: https://twitter.com/Realty_ET
Facebook: https://www.facebook.com/ETRealty
Instagram: https://www.instagram.com/et.realty/