Strata has sold a Bengaluru industrial property for Rs 35.3 crore, generating a 15.3% IRR and nearly doubling investor capital. Bought in 2021, the fully leased asset was rented out to Randox Laboratories, a global diagnostics firm. The deal becomes Strata’s third major exit, highlighting its ability to deliver strong returns in commercial real estate.
The RBI has fixed the premature redemption price for Sovereign Gold Bond SGB 2018-19 Series-II at Rs 15,219 per unit. The amount is calculated using the average gold price over the three preceding working days. Premature redemption will be available from April 23, 2026, after investors complete the fifth year from issuance.
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