The Reserve Bank of India (RBI) recently issued a notification on lending by banks to Infrastructure Investment Trusts (InvITs). While earlier, RBI had permitted banks to invest in units of InvITs, in the absence of clarity on lending to InvITs banks were reluctant to extend credit facilities to InvITs.
Xrbia Developers has launched Singa-Pune, designed by Mark Mahan, an established landscape architect. Based on the concept of contemporary design led by Singaporean architecture, Singa-Pune’ is a 21-acre township located at Dhanori, with an internationally designed landscape throughout the project.
The board of directors of Haryana Rail Infrastructure Development Corp (HRIDC) has approved the DPR of the Haryana Orbital Rail Corridor Project, a new double rail line of about 130 km from Palwal to Sonipat.