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China Evergrande, The World’s Most Closely Indebted Property Developer, Just Filed For Chapter 15 Bankruptcy Safety

Private fairness funding in real estate rose fifty one per cent year-on-year to Rs 24,680 crore in the first six months of this 12 months, Cushman & Wakefield mentioned on Monday. The personal equity funding during April-June stood at Rs 15,850 crore (USD 1.ninety two billion), which was 63 per cent higher than the previous quarter and 60 per cent larger than the identical period last 12 months. In the primary half of 2023, the Pune real estate market saw an funding of $154 million, as per estimates of advisory firm JLL, whereas according to Anarock information, the city has seen an investment of $876 million in past 5 years. Anuj Puri, Chairman of ANAROCK Group, stated that the forecast for the Indian CRE sector is cloudy with possibilities of sunshine.

Housing Costs Rise In Forty Two Cities In First Quarter: National Housing Financial Institution

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