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Real estate - the most preferred asset class in the COVID-19 era

MUMBAI, India, Aug. 12, 2021 /PRNewswire/ The COVID-19 pandemic situation has established the fact that owning a home is way better than dealing with the uncertainties of living in a rented

How Corporates Are Helping India Fight the Second Wave of COVID-19 --Part 4

 1 India has been grappling with the second wave of COVID for over a month now. Hospitals are overwhelmed by the pressure caused by a surge in COVID cases. Businesses which were showing signs of recovery have suffered a setback due to the second wave.   Despite the gloom, corporates are participating in collective efforts to help curb the deaths. Most corporates have paused their marketing and promotional activities and are focusing on the ground reality to understand what the country needs and how best they can help in the relief measures. Here is how corporates are coming forward to help in COVID relief efforts.

HDFC Capital invests Rs 375 cr in Runwal Group s mid-income, affordable housing project

HDFC Capital invests Rs 375 cr in Runwal Group’s mid-income, affordable housing project SECTIONS Share Synopsis Runwal Avenue is a greenfield project spread over a total 6 acres with total potential of 1.7 million sq ft saleable space development. Piramal Fund Management had invested in the project at the land acquisition stage and is now exiting the investment. Agencies The project offers apartments configurations of up to 3 bedrooms priced in the range of Rs 1 crore to Rs 1.5 crore. The project is expected to be completed in four years from now. (Representative Image) MUMBAI: HDFC Capital Advisors, the wholly-owned private equity arm of India s largest mortgage lender, has invested Rs 375 crore in realty developer Runwal Group s mid-income and affordable housing project Runwal Avenue in Mumbai’s eastern suburb of Kanjur Marg.

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