DBS Bank extends Rs 520-cr credit to K Raheja Corp to develop commercial tower in Pune
DBS Bank has provided a loan of Rs 520 crore to K Raheja Corp to help develop a commercial tower in Pune. This significant investment in the real estate sector indicates a growing confidence in India's property market, particularly in major cities like Pune. The move is likely to boost economic growth in the region and could have a positive impact on the Indian stock market, as it signals increased investment in the country's infrastructure.
Read the source report: Economic Times
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