Mortgage lender HDFC Ltd has signed an agreement to sell its 24.48 per cent stake in Good Host, a company engaged in the business of managing student housing facilities, for Rs 232.81 crore. The corporation has entered into a share purchase agreement for sale of 47,75,241 equity shares of Re... Read more...

HDFC vice-chairman and CEO Keki Mistry has bought an ultra-luxury apartment in Mumbai worth Rs 41.23 crore, the latest high-value residential deal in India’s financial capital as homebuyers scramble to register properties before the deadline of the recent stamp duty cut expires. Property locate... Read more...

Keki Mistry, vice chairman and CEO, HDFC has predicted that the the lower interest rates regime will continue for another six to twelve months that will give the best home buying opportunity for the home buyers. "The home loan rates have been the lowest in the last four decades. For the next six ... Read more...

Builders in Maharashtra are set to get a one-year particular cost window the place development premiums and levies payable by them shall be halved. Government sources mentioned that the state finance division has given a go forward to a proposal for reducing of development premiums and levies by 50 ... Read more...

Housing Development Finance Corp has extended Rs 200 crore funding to realty developer DivyaSree Infrastructure Projects for construction of a part of the commercial project Technopolis in Bengaluru, said two persons with direct knowledge of the development. The non-banking finance company will c... Read more...

HDFC Bank has entered into an agreement to provide Rs 500 crore funding to the upcoming Jewar airport in Greater Noida. The funds will be utilized for infrastructure development and land acquisition for the proposed airport that will be Asia’s largest. The funding will be provided at interest cost... Read more...

At 5:30 pm on Monday, Aditya Puri stepped out of HDFC Bank's corporate headquarters after handing over charge to Sashidhar Jagdishan as the new chief executive and managing director of the largest private sector lender. Over 25 years ago, at a nondescript office across the road in Lower Parel's K... Read more...

The second joint venture between Hines and DLF, has secured a construction loan of Rs. 2,600 Crore from HDFC Ltd. Hines and DLF formed a JV in March last year to develop an office project in Phase-V, Udyog Vihar, NH-48, Gurugram. Spread across 11.76 acres commercial land parcel purchased through ... Read more...

@airnewsalerts Central govt has stepped up its efforts for the revival of the real estate sector. In this connection, a fund of Rs 8767 crore was approved for 81 projects which would enable the completion of almost 60,000 homes across India. @JLLIndia Most space planners, architects a... Read more...

In mid-April, stock exchange disclosures revealed that the People’s Bank of China (PBoC) had a holding of over 1% in Indian mortgage finance major HDFC. But the Chinese central bank also holds stakes in several other listed companies. However, these are all below the radar since they are less t... Read more...