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Realty major, Unitech is in talks with private equity funds for investments up to $560 million (Rs 275 billion). According to sources, the company is also in negotiations with banks to restructure an additional Rs 500 crore (Rs 5 billion) of loans as part of its plan to cut debt and secure funding to complete existing projects. The realty major is ...
The uncertainty in the prices of property has made real estate
companies to integrate into telecom. Developers want to tap the
opportunities as telecom offers more revenue stability. Developers are
lining up in droves to offer telecom services-or, more specifically,
they are lining up to pick up licenses to do so. All the real estate