IL&FS expects BKC headquarters, GIFT City towers’ sale to fetch over Rs 1,350 crore – ET RealEstate

The government-appointed management of Infrastructure Leasing & Financial Services (IL&FS) expects the sale of its iconic corporate headquarters in Mumbai’s Bandra-Kurla Complex (BKC) and two commercial towers in Gujarat’s GIFT city to fetch over Rs 1,350 crore. The non-banking finance company expects the final bids from interested entities for these real estate assets in May. […]

Fidelity Investments renews lease with Xander for 3 lakh sq ft space in Bengaluru – ET RealEstate

Representative Image MUMBAI: Fidelity Investments, the American multinational financial services major, has renewed a lease for 3 lakh sq ft office space for its headquarters at twice the rentals being paid currently, said two persons with direct knowledge of the development. The company has inked the deal with Xander Investment Management, the owner of the […]

HDFC extends funding of Rs 200 crore to DivyaSree’s Bengaluru commercial project – ET RealEstate

MUMBAI: 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 charge below 11% interest for the loan with a total tenure of […]