Runwal Realty plans to raise Rs 2,000 crore through an Initial Public Offer. The company filed its draft prospectus for the equity share sale. This includes a fresh issue of Rs 1,700 crore and an offer for sale of Rs 300 crore. Funds will repay outstanding borrowings. The developer also plans expansion into hospitality.
Supreme Court allows conditional OCs for over 450 flats in Noida Sports City
The Supreme Court has directed Noida Authority to issue conditional occupancy certificates for six residential towers in Sector 150’s Godrej Nest project, offering partial relief to over 450 families. This…