To address the acute housing shortage for the employees of Rajya Sabha Secretariat, 40 dwelling units will be constructed in the prime Sector 12, R.K. Puram in the national capital. Chairman of Rajya Sabha, M. Venkaiah Naidu today laid the Foundation Stone for the Rs. 46 Crore housing complex by …
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Housing Minister Hardeep Singh Puri releases Affordable Rental Housing Complexes Knowledge Pack
Union Cabinet had approved ARHC as a sub scheme under Pradhan Mantri Awas Yojana (Urban) earlier this month to provide housing facility to migrant workers and urban poor. The Affordable Housing Complex scheme will be implemented through two models in the country. Under the first model existing Government funded vacant …
Read More »PNB Housing Finance obtains refinance sanction of Rs 3,500 crore from NHB
PNB Housing Finance has obtained refinance sanction of Rs 3,500 crore from the National Housing Bank (NHB) in October 2018. The funds will be utilised for the specific sector wise disbursements / end uses as per norms of the respective NHB refinance schemes. PNB Housing Finance is a registered housing …
Read More »PNB Housing Finance reports 33% rise in Q2 consolidated net profit
PNB Housing Finance has reported results for second quarter ended September 30, 2018. The company has reported a rise of 9.58% in its net profit at Rs 208.26 crore for the quarter under review as compared to Rs 190.05 crore for the same quarter in the previous year. Total income …
Read More »PNB Housing Finance raises Rs 2,450 crore through CPs
PNB Housing Finance has successfully raised Rs 2,450 crore through Commercial Papers (CPs). This is in addition to Rs 1,775 crore raised earlier in October totalling to Rs 4,225 crore of CPs raised in October 2018. The CPs were placed with various Mutual Funds and Banks. PNB Housing Finance is …
Read More »PNB Housing Finance shines on raising Rs 1,775 crore via CP
PNB Housing Finance is currently trading at Rs. 731.00, up by 24.25 points or 3.43% from its previous closing of Rs. 706.75 on the BSE. The scrip opened at Rs. 708.00 and has touched a high and low of Rs. 733.00 and Rs. 703.55 respectively. So far 18892 shares were …
Read More »PNB Housing Finance raises Rs 1,775 crore via CP
PNB Housing Finance has successfully raised funds worth Rs 1,775 crore through Commercial Papers (CP) in October 2018. The CPs are placed to various Mutual Funds and Banks. The company would continue to maintain its overall borrowing through CPs at around 12-13% compared to 19% as of March 31, 2018. …
Read More »Indiabulls Housing Finance’s Q2 consolidated net profit rises 21%
Indiabulls Housing Finance has reported results for second quarter ended September 30, 2018. The company has reported a rise of 16.10% in its net profit of Rs 933.26 crore for the quarter under review as compared to Rs 803.83 crore for the same quarter in the previous year. Total income …
Read More »Ashiana Housing wins two awards
Ashiana Housing has won two awards. Realty Plus Awards 2018 has felicitated ‘Ashiana Umang’ as ‘Best Themed Project’ and the company’s website as the ‘Best Real Estate Website of the year’. Ashiana Umang is a project situated in Jaipur (Rajasthan) with the saleable area of approximately 12.42 lakh square feet. …
Read More »Indiabulls Housing Finance increases interest rates on home loans by 20 bps
Indiabulls Housing Finance has increased interest rates on home loans by 20 basis points (bps). The increase in the lending rates reflects the rise in cost of funds. The rate of interest on new home loans for women applicants/co-applicants is 8.80% for loans of up to 35 lakh and 8.95% …
Read More »Indiabulls Housing Finance eyeing over 20% growth in FY19
Indiabulls Housing Finance is eyeing 20 percent plus growth in its business in the current macro environment. The company’s statement comes amidst concerns of liquidity crisis for the NBFC sector. It has over the years followed strict discipline of maintaining an optimally matched balance sheet, high liquidity and high capital …
Read More »PNB Housing Finance surges on raising $200 million via ECB
PNB Housing Finance is currently trading at Rs. 857.30, up by 4.40 points or 0.52% from its previous closing of Rs. 852.90 on the BSE. The scrip opened at Rs. 853.00 and has touched a high and low of Rs. 868.85 and Rs. 853.00 respectively. So far 2103 shares were …
Read More »Indiabulls Housing Finance raises Rs 350 crore via NCDs
Indiabulls Housing Finance has raised funds aggregating to Rs 350 crore through allotment of its seventh tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each. The date of allotment is October 04, 2018. Indiabulls Housing Finance is the second largest private housing finance company in …
Read More »SRG Housing Finance gets sanction for Rs 12 crore credit facilities
SRG Housing Finance has received sanction of credit facilities of Rs 12 crore by Nabsamruddhi Finance. The Board of Directors of the Company at its meeting held on October 3, 2018 considered the same. SRG Housing Finance is a housing finance company. The company is engaged in providing home loans …
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