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Rs 8.7 lakh crore Jal Jeevan Mission extended till 2028. These 25 stocks likely to be biggest beneficiaries
The Union Cabinet's approval to extend the Jal Jeevan Mission until 2028, with a boosted outlay of Rs 8.69 lakh crore, is set to benefit around 25 stocks. This significant push for rural water infrastructure and service delivery will drive demand for companies in pipes, pumps, construction, and water treatment sectors, aiming for universal tap water access.
Arnya Real Estate, Supreme Universal raise Rs 1,000 cr real estate equity fund
Arnya Real Estate Fund Advisors and Supreme Universal have successfully raised over Rs 1,000 crore. This capital will fund redevelopment projects in Mumbai and Pune. The fund targets Rs 1,250 crore and focuses on equity investments. This initiative brings institutional discipline to redevelopment projects. It combines Arnya's investment expertise with Supreme Universal's execution capabilities.
Arnya, Supreme Universal raises ₹1030 crore for Mumbai-focused fund
Real estate projects need capital, including debt and equity, at various stages of their life cycle. However, the source of capital for residential developers is quite limited