Embassy Group Repays ₹1,748 Crore Debt, Strengthens Financial Position

Embassy Group has repaid ₹1,748 crore of debt using proceeds from the WeWork India IPO, reducing share pledge and strengthening its balance sheet. Chairman Jitendra Virwani emphasizes the milestone in the Group’s financial strategy.

FM Nirmala Sitharaman Hands Over Keys to Homebuyers as SWAMIH Fund Completes 50,000 Homes

Finance Minister Nirmala Sitharaman handed over keys to homebuyers in Mumbai as the SWAMIH Fund reached a major milestone of completing 50,000 homes. The initiative, aimed at reviving stalled residential projects, has provided long-awaited relief to thousands of families, reinforcing the government’s commitment to stabilizing the real estate sector and boosting economic recovery.