Housing sales in the country’s top eight cities fell by 54 percent year-on-year (YoY) to a decadal low of 59,538 units during the first half of 2020 on account of the COVID-19 pandemic, according to a Knight Frank India report. New launches also fell by 46 percent to 60,489 units. […]
Embassy Has Intentions To Merge 62 mn sq ft Into Indiabulls Real Estate
Embassy Group has offered to merge 61.9 million sq ft of its real estate assets into Indiabulls Real Estate Ltd (IBREL) for a proposed, the latter said in a regulatory filing on Wednesday. Once the merger goes through, Embassy Group and its chairman Jitu Virwani will take control of the combined entity. Indiabulls Group […]