SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Proptech

HDFC Capital Advisors to increase ownership in proptech firm Loyalie IT Solutions

28 Apr 2023

HDFC Capital Advisors is increasing its ownership in proptech firm Loyalie IT Solutions from 7.2% to 9.6% by purchasing 1.67 lakh compulsory convertible preference shares. Loyalie works with leading real estate developers to design customer loyalty programs for an ideal home ownership experience. HDFC Capital Advisors is investing in Loyalie as part of its H@ART initiative program, which invests in innovative firms to enhance the real estate industry. Loyalie's revenue has grown from Rs 4.33 crore to Rs 11.45 crore in FY 2022-23, and it raised Rs 5 crore from investors in a pre-Series-A round in January last year.Read more

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Propsamc by Square Yards raises over 100crores in a single quarter

14 Mar 2023

PropsAMC, the asset management services and data intelligence division of Square Yards claims to have raised over Rs 100 crores for its first Grade A commercial project in Hyderabad. The project is Square Yards' first foray into the fractional product sector, and it received an average financial contribution of INR 40 lakhs from a group of more than 250 investors amounting to more than 100,000 square feet. Investors in the Hyderabad commercial property have been told they will receive 8% gross returns on their capital with an expected XIRR of 14-15%, post fees and before taxes.Read more

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3D Printed buildings - what's the catch?

07 Feb 2023

3D printing technology has the potential to revolutionize the construction of houses and make them more affordable, especially for low-income families. However, two largest players in the field in Unites States of America, Mighty Buildings and Icon, have delivered fewer than 100 houses between them. In 2022, venture capital groups invested nearly $400 million in 30 building construction companies, which is eight times more than the amount raised in the previous five years combined.Read more

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Wadhwa Group adopts Japanese Technology for Mumbai Project

14 Dec 2022

Mumbai based Wadhwa Group has collaborated with 75-year-old leading Japanese conglomerate Marubeni Corporation to utilise technology promoted by the later for the development of a residential project in Mulund by the group. The technology to be harnessed will focus on enhancing safety of structure, increased usage of renewable energy such as solar power and use of artificial intelligence (AI) for managing building facilities and customer service. The project in question is called Atmosphere O2 and is scheduled to be completed in December 2025. It is spread across 5.13 acres with up to 85% open spaces.Read more

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