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Easy Home Finance Secures Long-Term Funds from Franklin Templeton

Home financing startup Easy Home Finance has successfully raised $35 million in a funding round spearheaded by Ranjan Pai’s family office, Claypond Capital, alongside Japanese financial giant Sumitomo Mitsui Banking Corporation’s Asia Rising Fund. The startup has secured long-term financing through an NCD issuance with Franklin Templeton Alternative Investments Fund, India (Franklin Templeton AIF). This investment was facilitated through the Franklin India Credit AIF, a fund tailored for private credit opportunities. The funding will bolster the company’s expansion in promising housing regions and strengthen its capital foundation. “The support from Franklin Templeton significantly validates our strong credit framework, inclusive business…

Purchase Devpur Para Scheme Booklet by November 30

LUCKNOW: The registration booklet for the Atal Nagar Housing Scheme by the LDA in Devpur Para will be accessible until November 30. With only three days remaining, the LDA announced on Thursday that only those who purchase the booklet can complete their registration on the LDA website by December 2. As of Thursday evening, 4,393 individuals have registered for the scheme. According to LDA Vice Chairman Prathamesh Kumar, Atal Nagar comprises 2,496 flats spread across 15 towers, ranging from 12 to 19 floors. Out of these, 1,832 are one-bedroom units and 664 are two-bedroom units, varying from 30 to 54.95…

Telangana Court Orders Builders to Compensate in Two Cases

HYDERABAD: The Ranga Reddy district consumer disputes redressal commission has favored consumers in two distinct real estate cases — one concerning delayed flat possession and another about promised returns on land-linked investments. Refunds and compensations were mandated in both instances. In the initial case, Rajitha Guduru from Bachupalli paid Rs 25 lakh in installments to a real estate company engaged in land ventures in Warangal. Despite receiving certificates that assured monthly returns on “undivided land shares,” no payments were made. Rajitha stated that she was never informed about the land’s location or provided with adequate documentation. Despite her continual inquiries,…