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China Evergrande to sell Shenzhen commercial plot for $1.05 billion amid debt woes – ET RealEstate

China Evergrande to sell Shenzhen commercial plot for $1.05 billion amid debt woes – ET RealEstate

by Green Earth Spaces | Nov 29, 2022 | Realty

[ad_1] BENGALURU: China Evergrande Group said on Monday its unit has entered into a deal to sell a piece of commercial land in Shenzhen for 7.54 billion yuan ($1.05 billion), as the embattled property developer looks to shave off its massive debt.Evergrande, which has...
Chandigarh administration mulls land use conversion policy for industrial area – ET RealEstate

Chandigarh administration mulls land use conversion policy for industrial area – ET RealEstate

by Green Earth Spaces | Nov 29, 2022 | Realty

[ad_1] File PhotoCHANDIGARH: After more than 14 years, the UT administration is once again considering to introduce the conversion of land use policy for Industrial Area. The groundwork for the policy has started, which if implemented, would allow conversion of land...
News aggregator Dailyhunt, Josh app’s parent firm sacks 150 employees: Report

News aggregator Dailyhunt, Josh app’s parent firm sacks 150 employees: Report

by Green Earth Spaces | Nov 28, 2022 | Realty

[ad_1] VerSe, the parent firm of news aggregator Dailyhunt and video platform Josh has laid off 150 employees, i.e five per cent of its 3,000-strong workforce in a move described as effortas to streamline costs and teams.Umang Bedi, the company’s co-founder said...
Table Space raises $300 million in funding from Hill House to expand its operations – ET RealEstate

Table Space raises $300 million in funding from Hill House to expand its operations – ET RealEstate

by Green Earth Spaces | Nov 28, 2022 | Realty

[ad_1] Flexible office operator Table Space has raised around $300 million from Hill House Capital, a global private equity fund, to expand its operations.The investment is expected to be funded in two tranches.”Table Space has signed some large clients recently...
Industry body CII urges RBI to moderate pace of interest rates hikes: Report

Industry body CII urges RBI to moderate pace of interest rates hikes: Report

by Green Earth Spaces | Nov 27, 2022 | Realty

[ad_1] India Inc has begun to feel the adverse impact of RBI’s interest rate hikes of 190 basis points in the current financial year, industry body CII said on Sunday, as it urged the central bank to consider moderating the pace of its monetary tightening ahead...
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