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Blackstone pips Baring, Hero Fincorp to buy Aadhar Housing Finance for Rs 2,700 crore

Private equity firm Blackstone today bought Aadhar Housing Finance, affordable housing arm of Wadhawan Global for about Rs 2,700 crore, outbidding private-equity fund Baring Private Equity and Hero Fincorp. “Blackstone emerged as the winner for the affordable housing finance arm of Wadhawan’s Dewan Housing bidding the business at Rs 2,700 crore, which is three times…

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economy
Budget 2019: Real estate initiatives will help boost sales in Goa

PANAJI: Union finance minister Piyush Goyal, in the interim Budget for 2019-20, gave real estate stakeholders reason to cheer as he unveiled a slew of measures that could provide Goa’s realty sector with some much-needed manoeuvring room.Goyal waived off notional rent, applicable on the second residential unit if someone has more than one house. Goyal…

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economy
Blackstone pips Baring, Hero Fincorp to buy Aadhar Housing Finance for Rs 2,700 crore

Private equity firm Blackstone today bought Aadhar Housing Finance, affordable housing arm of Wadhawan Global for about Rs 2,700 crore, outbidding private-equity fund Baring Private Equity and Hero Fincorp. “Blackstone emerged as the winner for the affordable housing finance arm of Wadhawan’s Dewan Housing bidding the business at Rs 2,700 crore, which is three times…

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