04Th AUGUST 2019

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MCHI-CREDAI

3RD AUGUST 2019 NEWS

REALTY

     

Cheaper home loans: NHB to pump in Rs 10,000 crore into housing finance firms

Publication: FINANCIAL EXPRESS Date : 03 AUGUST 2019
The National Housing Bank (NHB) will infuse an additional Rs 10,000 crore into eligible housing finance companies (HFCs) in its financial year through June 2020 to shore up liquidity and improve flow of funds for affordable housing loans for individuals, the finance ministry said on Friday.
     

Affordable housing gets a ₹10,000-crore booster

Publication: BUSINESS LINE Date : 03 AUGUST 2019
In order to boost the housing sector, the government on Friday announced providing liquidity of ₹10,000 crore for individual housing loans.
     

National Housing Bank to provide liquidity infusion facility of Rs 10,000 cr to Housing Finance Companies

Publication: BUSINESS LINE Date : 03 AUGUST 2019
To further ease the funds for the housing sector, National Housing Bank (NHB) will provide additional liquidity infusion facility of Rs 10,000 crore to Housing Finance Companies (HFCs). This will be an additional liquidity infusion for individual loans for affordable housing.

ALLIED INDUSTRY

     

Birla Corporation's profit rises 68% to Rs 141 crore in Q1 FY20

Publication: ET REALTY Date : 03 AUGUST 2019
Birla Corporation on Friday reported a 68% year-on-year (YoY) increase in consolidated profit after tax (PAT) at Rs 141 crore for the first quarter (April-June) of the financial year 2019-20. The company had posted net profit of Rs 84 crore in the corresponding year-ago period.
     

Dalmia Bharat reports net profit of Rs 152 crore in Q1 FY20

Publication: ET REALTY Date : 03 AUGUST 2019
NEW DELHI: Dalmia Bharat reported a growth of 192 per cent in its net profit during the quarter ended June 2019. Its profit after tax (PAT) stood at Rs 152 crore as against Rs 52 crore it recorded in Q1 FY19.
     

Sri Lanka PM hands over redeveloped homes built by Tata Housing

Publication: ET REALTY Date : 03 AUGUST 2019
NEW DELHI | COLOMBO: Sri Lankan Prime Minister Ranil Wickremesinghe on Thursday handed over well-built houses with all modern amenities to 626 families and fully developed commercial spaces to around 114 shop owners - built by India's Tata Housing as the first part of its One Colombo Redevelopment Project.
     

Eldeco Housing and Industries' net profit up 62% in Q1 FY20

Publication: ET REALTY Date : 03 AUGUST 2019
NEW DELHI: Eldeco Housing and Industries reported a growth of 49 per cent in its net profit during the quarter ended June 2019. Its profit after tax (PAT) stood at Rs 9.70 crore as against Rs 6.51 crore in Q1 FY19.

5TH AUGUST 2019 NEWS

REALTY

     

JPMorgan in pole position to lead WeWork IPO after debt offering: Sources

Publication: ET REALTY Date : 04 AUGUST 2019
NEW YORK: WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said.
     

Top 5 benefits of Organic LED lighting

Publication: ET REALTY Date : 04 AUGUST 2019
NEW DELHI: You must have heard the terms LED and OLED. Do you know the difference between the two?
     

NHB's liquidity infusion no balm for small HFCs: DS Tripathi, CEO, Aadhar Housing Finance

Publication: ET REALTY Date : 04 AUGUST 2019
KOLKATA: Liquidity infusion facility by the NHB would not be of much help to sustain small housing finance companies (HFCs), an official said on Saturday.
     

We hope to grow by 15% in FY20: Siddhartha Mohanty, CEO, LIC Housing Finance

Publication: ET REALTY Date : 04 AUGUST 2019
NEW DELHI: LIC Housing Finance hopes to grow by 15 per cent in the financial year 2019-20, said Siddhartha Mohanty, CEO, LIC Housing Finance.

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