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embassy-group-plans-to-focus-only-on-affordable-homes-to-drive-growth
economy
Embassy Group plans to focus only on affordable homes to drive growth

Real estate firm Embassy Group plans to focus on mid-income and affordable homes, instead of uber-luxury, to drive growth.“The company has decided not to build anymore above Rs 2-crore property as there is an oversupply in this segment. Also, with real estate regulatory coming in, buyers want to see the product before investing in such…

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bain-capital-baring-asia-and-chrys-capital-among-investors-bidding-for-aadhar-housing-finance
economy
Bain Capital, Baring Asia and Chrys Capital among investors bidding for Aadhar Housing Finance

MUMBAI: Buyout firms Bain Capital, Baring Asia, Centrum, Chrys Capital and KKR are among investors bidding for majority stake in affordable housing lender Aadhar Housing Finance owned by Wadhwan Group, multiple sources familiar with the matter told ET.As per the indicative offers, the investors will acquire 51 percent stake valuing the housing finance firm at…

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about-40-pimpri-swargate-metro-route-construction-complete
economy
About 40% Pimpri-Swargate metro route construction complete

File photoPIMPRI CHINCHWAD: The Maharashtra Metro Rail Corporation Limited (MahaMetro) has completed 40% of the work on the Pimpri-Swargate corridor. The corridor is 16.89km long. Of this, the corridor is elevated for 11.5km, section from Pimpri to Range Hills, and will run underground till Swargate for 5.09km. The elevated section — from Pimpri to Harris…

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world8217s-biggest-companies-plan-to-get-down-with-wework-effect
economy
World’s biggest companies plan to get down with WeWork effect

BY: Jack SiddersThe biggest employers on the planet see a future filled with free beer and new age motivational posters. Their offices will need to catch up.After WeWork Cos reinvented the office experience for freelancers and startups, large businesses see their use of flexible space rocketing over the next three years, according to a survey…

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funds-worth-rs-75-crore-allocated-to-acquire-land-for-coimbatore-airport-expansion
economy
Funds worth Rs 75 crore allocated to acquire land for Coimbatore airport expansion

COIMBATORE: The much-awaited land acquisition process for the expansion of the Coimbatore International Airport is set to roll finally with the state government clearing the first phase of funds worth Rs 75 crore. Minister for municipal administration SP Velumani revealed this at the roadshow for the Global Investors Meet 2019 in the city on Sunday.…

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bain-capital-baring-asia-and-chrys-capital-among-investors-bidding-for-aadhar-housing-finance
economy
Bain Capital, Baring Asia and Chrys Capital among investors bidding for Aadhar Housing Finance

MUMBAI: Buyout firms Bain Capital, Baring Asia, Centrum, Chrys Capital and KKR are among investors bidding for majority stake in affordable housing lender Aadhar Housing Finance owned by Wadhwan Group, multiple sources familiar with the matter told ET.As per the indicative offers, the investors will acquire 51 percent stake valuing the housing finance firm at…

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