News on Property Stocks

Prestige Estates Projects slips after UBS downgrade report  

22 Feb 2013, 11.22 am  |  Source: Moneycontrol.com

Prestige Estates Projects declined on Friday after the research firm UBS downgraded the stock with a sell rating and cut its target price to Rs 195....

Expect good mkt sessions until Budget; long DLF: PN Vijay   

22 Feb 2013, 10.13 am  |  Source: CNBC-TV18

Despite the Indian market seeing a 1.5 percent cut in both Sensex and Nifty yesterday, portfolio manager, PN Vijay is bullish on the market performanc...

Budget will be tough juggle; avoid realty   

21 Feb 2013, 9.16 pm  |  Source: CNBC-TV18

On CNBC-TV18's special series, Juggling Options Nirmal Jain of IIFL opines that the Budget will be a challenge of sorts for the finance minister and a...

Not looking to raise funds now: Indiabulls Real Estate   

21 Feb 2013, 8.21 pm  |  Source: CNBC-TV18

Indiabulls Real Estate started business in 2005 and is targeting cumulative sales of USD 5 billion by 2015. More than 90 of its projects are in Mumbai...

DLF eyes Rs 7700 cr from projects over 3 yrs, halve debt   

21 Feb 2013, 1.47 pm  |  Source: CNBC-TV18

Over a period of three years, DLF plans to sale 25-30 million sq ft of projects and generate EBITDA of more than Rs 7700 crore. ...

See mkt trend lower on weak global cues: Vineet Bhatnagar   

21 Feb 2013, 11.36 am  |  Source: CNBC-TV18

Baffled by the lack of robust volumes in the March series, Vineet Bhatnagar, managing director, Phillip Capital says he sees the Futures & Options mar...

Nitesh Estates subsidiary makes partial redemption of Rs 40cr to HDFC AMC  

21 Feb 2013, 10.45 am  |  Source: Moneycontrol.com

Nitesh Housing Developers Private Limited, subsidiary of Nitesh Estates Limited has made a partial redemption of Rs 40 crore (rounded off) out of Rs 6...

DLF-CCI case: COMPAT expresses fear over flat buyers' woes  

20 Feb 2013, 9.43 pm  |  Source: PTI

Expressing concerns over difficulties faced by flat buyers in two DLF projects due to a long-pending anti-competition case, the Competition Appellate ...

DB Realty to roll out 3 projects, eyes Crown for jewels   

20 Feb 2013, 1.57 pm  |  Source: CNBC-TV18

Vipul Bansal, group CEO, DB Realty, talking to CNBC-TV18, says the company, which has an inventory above Rs 30,000 crore, plans to launch three key pr...

Indus India Fund sells 21.36 lakh shares of Indiabulls Real  

20 Feb 2013, 8.14 am  |  Source: Moneycontrol.com

On February 19, 2013 Indus India Fund Mauritius Limited sold 2,136,997 shares of Indiabulls Real Estate at Rs 70.79 on the NSE....

Kolte-Patil acquires 49% stake in two arms at Rs 65.62cr  

19 Feb 2013, 4.00 pm  |  Source: PTI

Realty firm Kolte-Patil Developers (KPDL) today said it has bought out foreign investor Epsilon Investments's 49 per cent stake each in subsidiaries -...

Kolte-Patil acquires 49% stake in its two group SPVs for Rs 65.62cr  

19 Feb 2013, 12.11 pm  |  Source: Moneycontrol.com

Kolte-Patil Developers has announced the acquisition of stake in its subsidiaries namely Oakwoods Hospitality and Jasmine Hospitality, those having pr...

Puravankara Projects EGM on Mar 15, 2013  

18 Feb 2013, 1.54 pm  |  Source: Moneycontrol.com

The Extra Ordinary General Meeting (EGM) of Puravankara Projects will be held on March 15, 2013....

DLF rises 2% on CLSA outperform report  

18 Feb 2013, 11.08 am  |  Source: Moneycontrol.com

Real estate major DLF rose more than 2 percent in early trade on Monday after brokerage houses upgraded the stock despite weak performance in third qu...

DB Realty up 4% after ICICI Bank releases promoters' shares  

18 Feb 2013, 9.42 am  |  Source: Moneycontrol.com

Mumbai-based DB Realty gained as much as 4.5 percent in early trade on Monday after ICICI Bank released some shares pledged by promoters....

Will Hiranandani Grp's foray into new cities be successful?   

18 Feb 2013, 7.58 am  |  Source: CNBC-TV18

The 35-year old Hiranandani Group made its mark in Mumbai and now it is finally looking to foray into atleast three new cities. ...

JP Morgan stays overweight on DLF; stk dn 2.7% on weak Q3  

15 Feb 2013, 12.19 pm  |  Source: Moneycontrol.com

Brokerage house JP Morgan has retained its 'overweight' rating on realty firm DLF even as the company's third quarter earnings disappointed the market...

DLF falls after Oct-Dec results fail to impress  

15 Feb 2013, 10.26 am  |  Source: Reuters

Shares in DLF fell as much as 3.6 percent a day after India's largest listed real estate developer reported a net profit of Rs 2.85 billion, that miss...

Citi raises price-target on Sunteck Realty to Rs 550  

14 Feb 2013, 8.23 pm  |  Source: Moneycontrol.com

Brokerage-house Citi has retained its 'Buy' rating on realty firm Sunteck Realty and raised target price to Rs 550 from Rs 455, citing attractive valu...

SME: Sunstar Realty Development IPO to open on February 18  

14 Feb 2013, 5.32 pm  |  Source: Moneycontrol.com

Real estate company Sunstar Realty Development is going to enter capital market with a public issue of 53.10 lakh equity shares on February 18. The is...

COMPAT adjourns CCI-DLF case hearing to Feb 20  

13 Feb 2013, 10.24 pm  |  Source: PTI

The Competition Appellate Tribunal today adjourned the hearing till February 20 on DLF's appeal against Rs 630-crore penalty imposed by the fair trade...

Prestige Estates soars 8% on strong Q3 numbers  

13 Feb 2013, 2.28 pm  |  Source: Moneycontrol.com

Real estate firm Prestige Estates Projects rallied as much as 8 percent intraday on Wednesday on strong set of earnings in the third quarter....

CBI-Unitech plot pulls in Shahid Balwa, DB Realty tanks 20%  

12 Feb 2013, 2.33 pm  |  Source: Moneycontrol.com

Mumbai-based real estate firm DB Realty crashed as much as 20 percent intraday on Tuesday as Network18 reports that CBI sources said company's promote...

RDB Realty allots 64.83 lakh equity shares to Pincha Home Builders  

12 Feb 2013, 8.55 am  |  Source: Moneycontrol.com

RDB Realty has allotted 6,483,400 no. of Equity Shares of Rs 10 each fully paid up of the Company to the shareholders of Pincha Home Builders Pvt. Ltd...

DLF geared up to raise $1bn over next 2 years   

08 Feb 2013, 11.20 pm  |  Source: CNBC-TV18

Points that made news in the week gone by were RBI's 25 basis point REPO and CRR cut failed to cheer the real estate sector. Developer’s dashed hope...

Sunteck Realty board meeting on Feb 11, 2013  

08 Feb 2013, 10.49 am  |  Source: Moneycontrol.com

Sunteck Realty board meeting will be held on February 11, 2013, to consider the unaudited financial results for the Quarter ended December 31, 2012 an...

Zandu Realty appoints Abhijit Datta as Director & Chairman  

07 Feb 2013, 11.38 am  |  Source: Moneycontrol.com

Zandu Realty has appointed Shri Abhijit Datta as Director and Chairman of the Board of the Directors of the Company. ...

Emami Infra appoints Abhijit Datta as Director & Chairman  

07 Feb 2013, 11.38 am  |  Source: Moneycontrol.com

Emami Infrastructure at its meeting held on February 06, 2013, has appointed Shri Abhijit Datta as Director and Chairman of the Board of Directors of ...

HDIL Q3 results on Feb 14, 2013  

05 Feb 2013, 3.00 pm  |  Source: Moneycontrol.com

Housing Development and Infrastructure board meeting will be held on February 14, 2013 to consider and approve the Un-audited Financial Results of the...

SRS Real Infra revises interest rate on fixed deposit  

04 Feb 2013, 8.15 am  |  Source: Moneycontrol.com

SRS Real Infra has revised its interest rate on Fixed Deposit with effect from Feb 01, 2013. Interest rate on Fixed Deposits for 1 year has been incre...