IIFL and Edelweiss Group are planning to invest in the projects of Mumbai and Bengaluru

In the very first transaction, IIFL is planning to lend Rs.500 crore to Ariisto Realtors in the form of structured debt. IIFL Group, which is one of the largest financial services firm has made two big investments one by one in the different real estate projects which are located at the Mumbai and Bengaluru and it is expected that this investment will help the real estate developers to start he projects and refinance the existing the loan, as per the statement of the executive of company. Read More at http://shopsandhomes.com/blog/index.php/2016/01/iifl-and-edelweiss-group-are-planning-to-invest-in-the-projects-of-mumbai-and-bengaluru/

The National Green Tribunal stay on new construction activity near Sanjay Gandhi Park

Recently, the NGT (National Green Tribunal) has imposed stay on the permissions of all new building construction which comes in the vicinity of the Sanjay Gandhi National Park and it is expected that this move can leave negative impact on the several proposed real estate projects which are in the western and eastern suburbs of Mumbai and Thane district. Read More....