REALTY FIRM
Prestige One appoints Colliers Project Leaders as project manager This strategic agreement underscores Prestige One's commitment to maintaining its top position in the real estate market by leveraging the expertise of renowned global firms.
24 Jun, 2024, 12.47 PM ISTUttar Pradesh: ED files second prosecution complaint in Shine City fraud case The ED has now filed a prosecution complaint against Asif Naseem, Rashid Naseem, Amitabh Kumar Srivastava, Meera Srivastava and 11 Shine City Group companies. The court took cognizance of the prosecution complaint on June 10.
19 Jun, 2024, 01.25 PM ISTMahindra Lifespace eyes Rs 8-10K crore sales in housing, industrial spaces by FY28 Amit Sinha, MD & CEO, mentioned the successful annual sales and highest pre-sales of Rs 2,328 crore in residential business for Mahindra Lifespace. They also achieved land leasing of 119.4 acres for industrial business.
17 Jun, 2024, 03.51 PM IST- ADVERTISEMENT
Central Park plans to list realty business in two-three years "We follow the practises of a listed firm and with future generation coming in, we want to list the company. We have substantial land bank across Gurugram and are adding more, which will take valuation of the company further up," said Amarjit Bakshi...
17 Jun, 2024, 12.29 AM ISTRealty Co Total Environment has raised Rs 1600 crore from top lenders Total Environment has paid off approximately ₹2,070 crore of debt raised from top-tier financial institutions, driven by robust residential sales.
10 Jun, 2024, 10.52 AM ISTIndia emerges a top five destination for realty FDI India ranked among the top five global destinations for cross-border capital in land and development site investments in the March quarter, with foreign investors accounting for about 55% of the inflows, according to real estate services firm Collie...
08 Jun, 2024, 12.50 AM ISTBuilders want reduction in repo rate in RBI's next monetary policy to boost housing sales Real estate developers urged the RBI to lower the repo rate in the upcoming monetary policy to reduce home loan interest rates and stimulate housing demand, as the RBI maintained the rate at 6.50%. Industry experts anticipate potential rate cuts in ...
07 Jun, 2024, 12.30 PM ISTUnsold housing stock up 24 per cent in top 7 cities, builders need 22 months to sell: Report Unsold housing stocks in seven major cities have risen by 24 per cent since 2019, totaling about 4,68,000 units in March 2024. However, realty firms are expected to sell them 31 per cent faster due to high sales velocity, according to JLL India. The...
06 Jun, 2024, 07.37 PM ISTProperties worth Rs 1.17 lk cr sold by 18 listed realty firms in FY24; Godrej properties at top Major real estate developers in India, including Godrej Properties, Prestige Estates Projects, and DLF, achieved significant sales bookings in the last fiscal year driven by strong demand for residential properties, especially luxury homes.
02 Jun, 2024, 03.37 PM ISTInfra push, talent access helps satellite cities reshape India's commercial realty India's commercial real estate landscape in satellite and tier II cities is undergoing significant transformation due to robust infrastructure development, strategic urban planning, talent availability, and lower cost of living. Cities like Navi Mum...
29 May, 2024, 06.29 PM ISTBrigade Enterprises shares rise 9%, hit 52-week high after Q4 profit jumps nearly 3-fold Brigade Enterprises' shares surged 9% to a 52-week high after reporting a three-fold jump in net profit. Managing Director Pavitra Shankar expressed confidence in sustained performance with ongoing and upcoming projects in Bengaluru, Chennai, and Hy...
29 May, 2024, 12.45 PM ISTBSNL and MTNL prioritise govt organisations for land asset sales worth Rs 1 lakh crore Recently, BSNL sold one of its properties in Lucknow to the Income Tax department for around Rs 229 crore, which was the market value of the building.
29 May, 2024, 08.44 AM ISTBrigade Enterprises Q4 Results: Profit jumps nearly 3-fold to 206 crore Realty firm Brigade Enterprises Ltd on Tuesday reported a nearly three-fold jump in consolidated net profit to Rs 206.09 crore for the March quarter on the back of higher income. Its net profit stood at Rs 69.25 crore in the year-ago period.
28 May, 2024, 06.44 PM ISTShahid Kapoor buys sea-view luxury apartment in Mumbai’s Worli for Rs 60.4 cr The apartment spread over 6,176 sq ft on the 24th floor of Three Sixty West project on Dr. Annie Besant Road is the second such deal concluded by the actor in this luxury residential tower. Prior to this, Kapoor and his wife had purchased a duplex o...
27 May, 2024, 05.56 PM IST360 ONE founder Karan Bhagat buys luxury apartments in Mumbai’s Worli for Rs 170 crore Bhagat founded 360 ONE, formerly known as IIFL Wealth & Asset Management, along with his colleagues in 2008. The firm is currently among India's largest asset and wealth management firms with more than $56.3 billion assets under management. Bhagat’s...
27 May, 2024, 12.21 AM ISTShapoorji Pallonji Group seeks more time to clear payments The company is required to pay around 14 billion rupees ($167.62 million) to bondholders of Goswami Infratech when it services the debt of another group company Sterling Investment Corp.
13 May, 2024, 09.51 AM ISTPrestige Estates CEO resigns, co rejigs senior management Realty developer Prestige Estates has reorganized its senior management team in response to the resignation of its Chief Executive Officer (CEO), Venkata Narayana K, who is departing to establish a realty fund. Venkat took on the position of CEO at ...
11 May, 2024, 02.47 PM ISTIndustrial biotechnology firm and a realty player lay ground for 6-7% stock returns Nifty started with a jump but soon dipped into a range for the day. It closed with a loss.
07 May, 2024, 11.45 AM ISTPrestige Estates achieves record sales bookings in FY'24 at Rs 21,040 crore Realty firm Prestige Estates Projects Ltd achieved a record-high sales bookings of Rs 21,040 crore in FY24, marking a 63% increase from the previous year. The company saw strong demand for residential properties, with sales bookings exceeding Rs 10,...
08 Apr, 2024, 05.55 PM ISTOffice leasing likely to rise 10-12 pc this year driven by demand from GCCs: RMZ Chairman Raj Menda Menda, who is also Chairman of FICCI Committee on Urban Development and Real Estate, noted that the demand for bigger spaces, starting from 5 lakh square feet to 10 lakh square feet, from foreign firms has tapered down and enquiries are more for 50,...
18 Mar, 2024, 04.44 PM IST