Puravankara Group's projects in important Indian areas have received Rs 500 crore from Piramal Enterprises. This financial infusion will concentrate on commercial and residential projects via senior secured finance, highlighting their growth potential.

PCHFL, a wholly-owned subsidiary of Piramal Enterprises, has teamed with the India Mortgage Guarantee Corporation (IMGC) to provide cheap house loans backed by mortgage guarantees to salaried and self-employed consumers.

Piramal Group increased its initial bid for Dewan Housing Finance Corporation by around INR 2,000 crore more while the United States headquartered asset management company Oaktree Capital upped its initial offer by INR1700 crore more.