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India Property News

RBI may hike risk weights for regulated entities
Being worrisome about the sustained and rapid rise in housing prices over successive quarters, the apex bank of country may soon take prudential measures to regulate the exposure of entities vis. banks, non-banking finance companies and financial institutions.

Ansal API plans Rs 400 crore QIP in next 15-20 days
Indian real estate player Ansal Properties & Infrastructure is planning to raise a whopping sum of Rs 400 crore through institutional placement of shares. The company expects to raise the funds by next 15-20 days.

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