Real Estate News Update for September 21

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!

Commercial

Bafna Motors sells four-acre plot in Navi Mumbai's Nerul to Greenscape IT Park

Bafna Motors was liable to pay Rs 129 crore to United Bank of India and Rs 15 crore to Tata Motors Finance Solutions. It approached Greenscape IT Park LLP to repay these loans on its behalf.

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RERA

Nagpur: MahaRERA freezes builders' escrow accounts over non-filing of returns

This includes projects coming up in the city as well as other districts of eastern Vidarbha like Wardha, Bhandara, Gondia, Gadchiroli and Chandrapur, which come under the Nagpur division.

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Residential

Ranbir Kapoor leases out apartment in Trump Tower Pune for Rs 4 lakh per month

Bollywood actor Ranbir Kapoor has rented out his luxury apartment in Pune’s Trump Towers at monthly rentals of Rs 4 lakh for a total tenure of 36 months.

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Industry

Godrej Properties raises Rs 1,160 crore through issue of NCDs on private placement basis

NEW DELHI: Godrej Properties has raised Rs 1,160 crore through issue of non-convertible debentures (NCDs) on private placement basis, the company said in a BSE filing.

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Industry

Signature Global's Rs 730 crore IPO receives 54% subscription on first day of bidding

The total size of Signature Global's IPO is up to Rs 730 crore, comprising a fresh issue of shares worth up to Rs 603 crore and an Offer for Sale (OFS) of up to Rs 127 crore.

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