Standard Chartered Bank
As per the reference to the news appearing in the sources titled as Sun Pharma to buy Stan Chart’s Mumbai Tower for Rs. 280 crore. A clarification has come up by the Sun Pharmaceutical Industries that they have get into a initial understanding with Standard Chartered Bank for buying of the property referred into the [...] Continue Reading »
Two persons familiar with the development, informed that the drug maker company Sun Pharamacuitals will buy the official building in Mumbai’s Goregaon suburb from Standard Chartered Bank for Rs 280 crore. The building is named as Standard Chartered Tower which consists of ground plus six upper floors and has total built up area of 2.20 [...] Continue Reading »
It has been learnt that the real estate development business of the Mahindra Group, Mahindra Lifespace Developers, has bought a 12-acre land parcel for Rs 472 crore in Gurgaon from the private equity fund Ireo. Responding to a query, Mumbai based Mahindra Lifespace Developers said, “The project is to be developed by the joint venture [...] Continue Reading »
Standard Chartered Bank is looking to reduce the commercial real estate exposure in India after receiving a mandate from global regulators to cut exposure towards the underperforming sectors in the country by June 2014. The bank has been reaching out to borrowers through their relationship managers to close these credit limits. The bank’s current exposure [...] Continue Reading »
Recently, well known finance lending sector Standard Chartered Bank sanctioned a construction loan amount of Rs 250 crore has been sanctioned to DivyaSree Developers. This loan sanction was in concern of the developers launching a mixed used project in Garden city Bangalore. Its named as “DivyaSree Technopolis” one of its kind a mixed-use residential project [...] Continue Reading »
