RECORD SETTING SPREE
'Kalki 2898 AD' box office Day 4: Prabhas-Deepika Padukone starrer surpasses Rs 500 crore worldwide in debut weekend
'Kalki 2898 AD', directed by Nag Ashwin and starring Prabhas, Amitabh Bachchan, and Deepika Padukone, has made waves globally by crossing the Rs 500 crore mark within its opening weekend. The sci-fi epic garnered praise for its stunning visuals and compelling storyline, dominating both Indian and international box offices. With a strong debut, the film is set to redefine cinematic success with its projected earnings surpassing Rs 800 crore.
Promoters on a selling spree amid red hot D-Street valuations
As the question of stretched valuations continues to swirl through Dalal Street, promoters seem to be firmly on course toward breaking the hitherto all-time calendar-year stock dilution record - set in the 2020 Covid era. So far in 2024, both domestic and overseas promoters have sold shares worth nearly ₹65,000 crore - not far from the 2020 high watermark of ₹78,500 crore.
Mumbai realty market breaks record for 10th month in row
Mumbai, India's commercial capital, has recorded its best performance on record for real estate deals in May, driven by brisk sales and high demand despite increased mortgage rates and rising property prices. The Mumbai property market saw over 11,917 property registrations, up 21.3% from the previous year. The market's sustained confidence in India's economic expansion has resulted in robust business activity in the industry.
Mumbai property market continues record-setting spree with best-ever May
The country’s commercial capital witnessed more than 11,917 property registrations during the month, up 21.3% from a year ago. The performance led to the state exchequer fetching revenue worth over Rs 1,029 crore through stamp duty collection, up 23.5% on-year, showed data from Inspector General of Registration (IGR) and Controller of Stamps, Maharashtra.
Traders are bracing for a record-smashing summer that will shake up commodities
Prices for some of the world’s most vital commodities — natural gas, power and staple crops like wheat and soy — are climbing.
From Tokyo to New York, stock markets are on a record-hitting spree around the world
Equity markets worldwide are experiencing highs. In the US, the S&P 500 and Nasdaq 100 indexes hit records this week, while the Dow Jones Industrial Average crossed 40,000 for the first time ever. Meanwhile, the biggest bourses in Europe, Canada, Brazil, India, Japan and Australia are currently at or near their peaks.
Mumbai property market scales new peak with record April stamp duty collection
The stamp duty collection has recorded 16% on-year increase at Rs 1,047 crore, while the country’s commercial capital has witnessed registrations of over 11,475 property deals during the month, showed data from Inspector General of Registration (IGR) and Controller of Stamps, Maharashtra.
Puravankara set to redevelop 2.5-acre housing society in Mumbai’s Pali Hill
The project holds a cumulative estimated development potential of 4.10 lakh sq ft carpet area with over over 2.15 lakh sq ft available for sale with a potential Gross Development Value (GDV) of over Rs 2,000 crore.
Mumbai property market record performance spree continues in March
The country’s commercial capital has witnessed the registration of over 14,145 properties during the month, up 7.5% from a year ago. Revenue collection through stamp duty charges, however, declined 8.1% to Rs 1,125 crore, according to data from the inspector general of registration in Maharashtra.
Awfis on an expansion spree, leases around 1 lakh sq in Bhubaneshwar
The size of the new Awfis centre in Bhubaneshwar is a testament to the Tier II growth story and its potential. With its strategic location, modern infrastructure, futuristic design and vibrant community, we are confident that this centre will become a hub for innovation in the city,” said Amit Ramani, Chairman and Managing Director of Awfis Space Solutions Limited.
Mumbai property market scales new peak, records best-ever February performance
Mumbai's property market had its best February ever with over 12,000 property registrations, up 24% YoY. Revenue collection declined due to high stamp duty collections. Demand and sales remained strong. Mumbai has climbed to the 8th position in the global luxury real estate market.
Mumbai property market’s record-spree continues with best-ever January
Mumbai's property market sets new records in January with the highest-ever property registrations and revenue collected through stamp duty charges. The city recorded over 10,872 real estate deals, a 21% increase from last year. Total revenue from stamp duty rose 8.4% to over Rs 750 crores. Despite higher mortgage rates and property prices, Mumbai's property market remains strong due to stable demand and positive sentiment. Homebuyers have confidence in the market, leading to increased property registrations.
Mumbai property market shatters records, at an all-time high in 2023
The maximum city has recorded total registrations of over 1.27 lakh real estate properties in 2023, making it the best year for property sales across primary and secondary market, exceeding last year’s peak by 4%. Total revenue collected through stamp duty rose 22% in 2023 to over Rs 10,850 crores, showed data from the inspector general of registration, Maharashtra.
Mumbai property market record-setting spree continues, reports best November ever
The country’s commercial capital has witnessed registration of over 9,573 property transactions led by mid-income and premium residential segments with over Rs 702 crore stamp duty collection, showed data from the inspector general of registration, Maharashtra.
Deal-hunters on track to spend record $12 billion in US Cyber Monday shopping spree
Retailers have been coaxing inflation-weary US shoppers to open their wallets on Cyber Monday with push notifications, text messages and video streaming ads touting heavily discounted cosmetics, electronics, toys, clothing and other products.
Corporate insiders go on a $12 billion selling spree: Could this be a sign D-Street is overvalued?
By reducing their stakes in the companies they founded or manage, insiders are creating space for local and foreign institutional investors to amass the kind of sizable positions they have long been unable to build. This year’s insider sales also point to “a mindset change in India” as founders realize they can retain control of their companies with much less, said Avinash Bharti, India head of equity capital markets at JPMorgan Chase & Co.
Mumbai property market’s record-setting spree continues with best August ever
The country’s commercial capital has recorded its best performance in August ever with registration of over 10,716 properties during the month, up 25% from a year ago. Revenue collection through stamp duty charges also rose 24% to over Rs 797 crore, showed data from the inspector general of registration, Maharashtra.
Shipping companies are on a spending spree
Major shipping firms are spending record profits on new models mostly from shipyards of Korea and China.
Mumbai property registrations’ record-setting spree continues in September
The share of homes ranging from 500-1,000 sq ft accounts to almost half the residential properties registered in September. Compact homes continue to be the second preference with a share take up of 35% during the month. Homes ranging from 1,000-2,000 sq ft saw a share take up of 14% while the share of over 2,000 sq ft homes remained unchanged in September at 2%.
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