India's largest realty firm DLF Ltd will invest about Rs 3,500 crore this year to complete construction of almost all of its existing housing projects, a senior company official said.
19 Feb 2017, 11.12 am | Source: PTI
The Phoenix Mills has acquired all the compulsorily convertible debentures representing 14.47 percent holding in its subsidiary Pallazzio Hotels and Leisure Limited.
17 Feb 2017, 8.20 pm | Source: PTI
Realty major DLF's promoters are in the final stage of discussion with potential investors to sell their 40 per cent stake in the company's rental arm DCCDL Ltd for an estimated Rs 12,000-14,000 crore.
15 Feb 2017, 8.20 pm | Source: PTI
Realty firm HDIL reported 84 percent decline in its consolidated net profit at Rs 16.22 crore for the quarter ended December on lower sales. “Pre-sales of HDIL in the third quarter were significantly lower and we have seen at le...
15 Feb 2017, 3.49 pm | Source: CNBC-TV18
DLF projected net debt to rise further as "weak sales and collections" would lead to operating shortfall of Rs 750-1,000 crore per quarter, according to an analyst presentation.
15 Feb 2017, 2.50 pm | Source: PTI
India's largest realty firm DLF today reported a 46 percent decline in its consolidated net profit at Rs 98.14 crore for the quarter ended December on lower sales and higher finance cost.
14 Feb 2017, 8.34 pm | Source: PTI
Realty firm HDIL today reported 84 per cent decline in its consolidated net profit at Rs 16.22 crore for the quarter ended December on lower sales.
14 Feb 2017, 7.00 pm | Source: PTI
Speaking to CNBC-TV18, Irfan Razack, CMD of Prestige Estates said that the company will not be able to meet its FY17 new sales guidance and will have to scale it down.
14 Feb 2017, 1.39 pm | Source: CNBC-TV18
Realty firm Prestige Estates Projects today reported per cent decline in its consolidated net profit at Rs 68.3 crore for the quarter ended December 2016.
13 Feb 2017, 9.22 pm | Source: PTI
In an interview to CNBC-TV18, Sumesh Mishra, COO of Sunteck Realty spoke about the results and his outlook for the company.
13 Feb 2017, 3.18 pm | Source: CNBC-TV18
Income from operations increased to Rs 83.68 crore in the third quarter of this fiscal from Rs 77.11 crore in the corresponding period of previous year.
13 Feb 2017, 1.48 pm | Source: PTI
Realty firm Puravankara Ltd today reported 15 percent increase in its net profit at Rs 20.09 crore for the quarter ended December, even as its revenue declined.
10 Feb 2017, 7.50 pm | Source: PTI
Speaking to CNBC-TV18, Kamal Khetan, Chairman and MD of Sunteck Realty said that the company has strong cash flow which will help it get in the affordable housing segment.
10 Feb 2017, 4.14 pm | Source: CNBC-TV18
Realty firm Omaxe today reported 13 per cent increase in its consolidated net profit to Rs 20.59 crore for the quarter ended December.
09 Feb 2017, 5.10 pm | Source: PTI
Speaking to CNBC-TV18, JC Sharma, VC and MD of Sobha said that the company saw an impact on operational performance due to demonetisation.
09 Feb 2017, 10.00 am | Source: CNBC-TV18
Realty player Housing Development Infrastructure (HDIL) is planning to launch 'Budget Homes' brand under which it will develop affordable housing projects in the megapolis.
07 Feb 2017, 7.32 pm | Source: PTI
Brigade Enterprises expects the infrastructure status awarded to affordable housing in Budget to pump up sales in the April-June quarter.
06 Feb 2017, 11.36 am | Source: CNBC-TV18
Realty firm Godrej Properties Ltd expects to monetise commercial properties worth about Rs 1,500 crore at Mumbai, Kolkata and Chandigarh over the next six months and reduce net debt, which now stands at Rs 3,278 crore.
05 Feb 2017, 1.42 pm | Source: PTI
Pirojsha Godrej becomes Executive Chairman while Executive Director Mohit Malhotra takes over from Pirojsha as Managing Director and Chief Executive.
02 Feb 2017, 2.20 pm | Source: PTI
Mumbai-based real estate firm Godrej Properties reported healthy growth in third quarter earnings despite currency demonetisation. Profit on consolidated basis increased nearly 3-fold year-on-year to Rs 77.2 crore on strong respon...
02 Feb 2017, 1.02 pm | Source: Moneycontrol.com
The research agency said that while demonetisation would have a positive impact in the long run, it would "serious pinch'' the sector in the short term.
31 Jan 2017, 5.02 pm | Source: Moneycontrol.com
In April last year, DLF formally opened its 2 million sq ft shopping mall in Noida, touted as one of the biggest in the country and built at an investment of Rs 1,800 crore.
30 Jan 2017, 8.28 am | Source: PTI
The real estate sector is likely to witness further consolidation as property sales and demand have been affected post demonetisation, according to realty consultant JLL India.
26 Jan 2017, 10.26 am | Source: PTI
Oberoi Realty today reported 60 percent decline in consolidated net profit to Rs 84.92 crore for the December quarter of the current fiscal on a sharp dip in sales against the backdrop of demonetisation.
25 Jan 2017, 7.58 pm | Source: PTI
Indiabulls Real Estate today reported 14 percent decline in its consolidated net profit at Rs 58.58 crore for the quarter ended December on lower sales.
25 Jan 2017, 5.58 pm | Source: PTI
Indiabulls Real Estate today said that its subsidiary firm has received Rs 701 crore refund from the Delhi Development Authority (DDA) following a judgement from the Supreme Court of India.
18 Jan 2017, 5.46 pm | Source: PTI
Income from operations also rose to Rs 326.74 crore in the July-September period of this fiscal from Rs 300.95 crore in the corresponding period of the previous year.
14 Dec 2016, 9.14 am | Source: PTI
Its net profit stood at Rs 57.1 crore in the same quarter of last fiscal, said the Mumbai-based developer in a regulatory filing.
13 Dec 2016, 2.40 pm | Source: PTI
Its net profit stood at Rs 15.53 crore in the year-ago period, the Mumbai-based firm said in a BSE filing.
13 Dec 2016, 7.00 am | Source: PTI
According to an analyst presentation, the net debt of DLF -- the country's largest real estate firm -- increased to Rs 23,140 crore at the end of July-September quarter of 2016-17, from Rs 22,120 crore in the previous quarter.
09 Dec 2016, 3.18 pm | Source: PTI