The portfolio includes loans to Gurugram-based real estate developer Vatika Group (₹730 crore) and distressed Nirmal Lifestyle Kalyan (₹430 crore). Acre ARC paid ₹602 crore in an all-cash deal, representing a 49% haircut for HDFC, said a person familiar with the deal.
REITs are the new blue-chips for passive income seekers: Ajay Srivastava
Ajay Srivastava, CEO of Dimensions Corporate, advises against investing in traditional sectors like cement and steel, favoring innovative companies with unique infrastructure. He remains invested