Construction & Contracting - Real Estate News

Puravankara IPP on Thursday; plans to raise Rs 183 cr  

22 May 2013, 8.33 pm  |  Source: PTI

Puravankara Projects will raise Rs 183 crore by offering 2.15 crore equity shares to institutional investors to meet the SEBI's norm of minimum 25 per...

Bandra seeing sharp drop in retail rentals: Cushman   

22 May 2013, 4.16 pm  |  Source: CNBC-TV18

Jaideep Wahi of Cushman & Wakefield says, with the emergence of new malls in the central location of Mumbai, existing retailers are either downsizing ...

Rs 6000/sqft realisations sustainable in FY14: Prestige Est   

22 May 2013, 12.43 pm  |  Source: CNBC-TV18

After posting double standalone net profit, Prestige Estates Projects plans to launch a couple of new projects, says Irfan Razack, CMD of the company...

Prestige Estates Q4 net jumps more than two-fold to Rs 89cr  

22 May 2013, 12.13 am  |  Source: PTI

Real estate firm Prestige Estates Projects on Tuesday reported a more than two-fold jump in standalone net profit at Rs 89.03 crore for the fourth qua...

MarathonNextgen standalone Mar '13 sales at Rs 4.99 crore  

21 May 2013, 5.59 pm  |  Source: Moneycontrol.com

Marathon Nextgen Realty has reported a sales standalone turnover of Rs 4.99 crore and a net profit of Rs 17.23 crore for the quarter ended Mar '13...

VasconEngg consolidated Mar '13 sales at Rs 187.37 crore  

21 May 2013, 4.53 pm  |  Source: Moneycontrol.com

Vascon Engineers has reported a sales turnover of Rs 187.37 crore and a net loss of Rs 3.36 crore for the quarter ended Mar '13...

DB Realty consolidated Mar '13 sales at Rs 78.55 crore  

21 May 2013, 4.51 pm  |  Source: Moneycontrol.com

DB Realty has reported a sales turnover of Rs 78.55 crore and a net loss of Rs 4.47 crore for the quarter ended Mar '13...

Prerna Infra standalone Mar '13 sales at Rs 0.49 crore  

18 May 2013, 3.36 pm  |  Source: Moneycontrol.com

Prerna Infrabuild has reported a standalone sales turnover of Rs 0.49 crore and a net loss of Rs 0.27 crore for the quarter ended Mar '13...

Orbit Corporati consolidated Mar '13 sales at Rs 45.81 crore  

18 May 2013, 3.25 pm  |  Source: Moneycontrol.com

Orbit Corporation has reported a sales turnover of Rs 45.81 crore and a net loss of Rs 10.53 crore for the quarter ended Mar '13...

Minimum public float: How realty cos are coping with it   

17 May 2013, 4.18 pm  |  Source: CNBC-TV18

Over the next few weeks, a slew of real estate companies and their promoters will tap the equity markets....

TCI Developers consolidated Mar '13 sales at Rs 0.68 crore  

17 May 2013, 2.49 pm  |  Source: Moneycontrol.com

TCI Developers has reported a sales turnover of Rs 0.68 crore and a net profit of Rs 0.24 crore for the quarter ended Mar '13...

DLF to raise up to Rs 1,888cr via share sale  

12 May 2013, 6.42 pm  |  Source: PTI

Real estate major DLF will raise up to Rs 1,888 crore through sale of 8.1 crore equity shares to institutional investors on May 14....

Sobha Developers Q4 net profit down 28% to Rs 69.6 cr  

11 May 2013, 12.45 pm  |  Source: PTI

Sobha Developers Ltd disappointed the street with its fourth quarter earnings. The company's net fall sharply by 28 percent depsite more than 10 perce...

Oberoi Realty soars on heavy pipeline, strong cash reserves   

11 May 2013, 5.52 am  |  Source: CNBC-TV18

In this edition of Prime Property on CNBC-TV18, Oberoi Realty chairman and managing director Vikas Oberoi rubbishes claims of being overconservative a...

25:75 scheme to benefit consumers: Parsvnath Developers   

10 May 2013, 6.38 pm  |  Source: CNBC-TV18

Parsvnath Developers launched a ‘25:75 House of Happiness’ . In this the consumer needs to pay 25 percent now and 75 percent at the time of posses...

Godrej Properties to raise Rs 700cr through rights issue  

09 May 2013, 9.06 pm  |  Source: PTI

Godrej Properties has planned to raise around Rs 700 crore through rights issue mainly to fund its growth plans ...

Godrej Properties Q4 net up 33.7% to Rs 53.2 cr  

09 May 2013, 1.33 pm  |  Source: Moneycontrol.com

Mumbai-based Godrej Properties's fourth quarter (January-March) consolidated net profit rose 33.7 percent year-on-year to Rs 53.2 crore, helped by inc...

Brigade Enterp standalone Mar '13 sales at Rs 298.61 crore  

08 May 2013, 4.55 pm  |  Source: Moneycontrol.com

Brigade Enterprises has reported a sales standalone turnover of Rs 298.61 crore and a net profit of Rs 28.39 crore for the quarter ended Mar '13...

Don't see large commercial sales this year: Brigade   

08 May 2013, 10.09 am  |  Source: CNBC-TV18

Real estate player Brigade Enterprise does not expect any big commercial sales in this calendar year, says CFO Suresh Kris. He believes that the total...

DLF picks banks to sell up to 81mn shares  

07 May 2013, 10.01 am  |  Source: Reuters

DLF Ltd is planning to sell up to 81 million shares and has mandated eight banks for the institutional placement sale, according to a term sheet seen ...

DLF raises Rs 750 crore through bonds issue  

02 May 2013, 6.22 pm  |  Source: PTI

Realty major DLF today raised Rs 750 crore through issue of bonds and funds would be utilised for development of its housing and commercial projects....

Kolte-Patil consolidated Mar '13 sales at Rs 209.93 crore  

02 May 2013, 2.45 pm  |  Source: Moneycontrol.com

Kolte-Patil Developers has reported a sales turnover of Rs 209.93 crore and a net profit of Rs 45.06 crore for the quarter ended Mar '13...

Bangalore & Pune will contribute in FY14: Kolte-Patil   

30 Apr 2013, 4.59 pm  |  Source: CNBC-TV18

The company has improved on margins this quarter substantially, says Sujay Kalele, Group CEO, Kolte-Patil Developers. Talking to CNBC-TV18, he says th...

Kolte-Patil Q4 profit jumps 4.35x at Rs 50.5 cr  

30 Apr 2013, 3.39 pm  |  Source: Moneycontrol.com

Pune-based Kolte-Patil Developers' fourth quarter (January-March) consolidated net profit jumped 4.35 times year-on-year to Rs 50.5 crore, helped by o...

Indiabulls Real Estate Q4 net falls 7% to Rs 51.9 cr YoY  

25 Apr 2013, 1.37 pm  |  Source: Moneycontrol.com

Indiabulls Real Estate's fourth quarter net profit fell by 7.3 percent year-on-year to Rs 51.9 crore....

Oberoi Realty consolidated Mar '13 sales at Rs 303.90 crore  

23 Apr 2013, 2.44 pm  |  Source: Moneycontrol.com

Oberoi Realty has reported a sales turnover of Rs 303.90 crore and a net profit of Rs 145.17 crore for the quarter ended Mar '13...

Oberoi Realty gains 2% post Q4 earnings   

22 Apr 2013, 11.26 am  |  Source: Moneycontrol.com

Mumbai-based real estate firm Oberoi Realty rose two percent on Monday after reporting fourth quarter earnings last week....

Land Bill could stifle base of eco development: Indiabulls   

22 Apr 2013, 11.24 am  |  Source: CNBC-TV18

Though a broad consensus was reached on Land Acquisition Bill last week, Ajit Mittal, Director of Indiabulls believes implementation of the act may fa...

Mumbai foray to aid in margin expansion: Kolte-Patil   

20 Apr 2013, 4.05 pm  |  Source: CNBC-TV18

Kolte-Patil is perhaps Pune’s most formidable real estate developer. Now the company has its eye set on Mumbai and Bangalore. ...

Puravankara slips 3.3% despite strong Q4 earnings   

18 Apr 2013, 10.00 am  |  Source: Moneycontrol.com

Strong fourth quarter earnings failed to enthuse investors holding Puravanakara Projects as it announced 50 percent interim dividend only for minority...