Real Estate Developer

This comes as Bengaluru faces over 26,030 delayed projects, totaling more than Rs 28,072 crore, with some projects running behind schedule by over 4-5 years.

Oberoi Realty gains on picking up 6.4-acre land parcel in Thane

Oberoi Realty shares gain after real estate developr acquires 6.4- acre land parcel of NRB Bearings near Mumbai for Rs 196 crore.

Rustomjee: A rising Mumbai developer hits the stock market 

Before the end of November 2022, the real estate company would list on India’s stock exchanges at a market value of Rs. 5,600 crore

Sunteck Realty Q2 pre-sales up 24% to Rs 337 crore, collections rise 60% YoY

In the first half of current fiscal, the company's pre-sales stood at Rs 670 crores, registering a growth of 49 per cent on a YoY basis, according to a regulatory filing to the stock exchanges.

MC Explainer: Everything you need to know about Maharashtra RERA’s model allotment letter

The draft format of the allotment letter issued by MahaRERA makes several things clear, including the booking amount, cancellation amount, date of possession, when the sale agreement will be signed etc, safeguarding buyers and reducing the chances of litigation.

Lodha's sales booking up 60% in Jan-Mar qtr at Rs 2400cr

"Sales have recovered after demonetisation. We sold about Rs 385 crore worth properties in January and Rs 800 crore in February. In March, we have sold properties of Rs 1,236 crore which is our highest monthly sales performance ever," Lodha Group Chief Sales Officer Prashant Bindal told PTI.

Doorkeys.com partners Signature Global to mkt housing projects

Earlier this week, Signature Global, which is into development of affordable homes, has said it would invest Rs 500 crore to develop two housing projects in Gurugram with 2,405 units in a price range of Rs 18-24 lakh. The apartments will be allotted by a HUDA-approved draw system.

Nirmal Group raises Rs 500 cr from Altico Capital

Real estate developer Nirmal Group today raised Rs 500 crore from Altico Capital, a non-banking finance company (NBFC), for construction of residential projects.

Godrej Properties Q1 profit grows 9% despite 53% jump in revenue

The real estate developer said profit for the base quarter Q1FY16 was lower by Rs 15 crore and revenue by Rs 39 crore due to new accounting standards.

Ozone Group Sponsored Team Chennaiyin FC in the League of Semi Finals

The prominent real estate developer, Ozone Group sponsored Chennaiyin FC is performing very well and it is in the league of Semi Finals. The back to ...

Hiranandani Group Unveils `Palatial Living` with its Grand Project `One Hiranandani Park`, Thane

Hiranandani Group, a leading Mumbai-based real estate developer, unveils its luxurious private apartment’s project, “One Hiranandani ...

China's Dalian Wanda buys World Triathlon for $650 million

Reuters reported earlier this month that Dalian Wanda had outbid potential buyers for Ironman, entering exclusive talks to finalize the deal with WTC's owner, private equity firm Providence Equity Partners LLC.

CCI dismisses anti-competitive case against Vatika Group

The matter relates to the purchase of a commercial unit in Vatika Professional Point Sector in Sector 66 of Gurgaon, Haryana. A complaint filed by an individual had alleged Vatika of unfair and discriminatory conduct on buyers of the commercial units.

Cabinet amends real estate bill to curb illegal practices

The decision by Prime Minister Narendra Modi's government to amend the bill, which was submitted by the previous government in 2013 but not passed by the upper house, aims to boost investor confidence and stamp out illegal practices.

Housing for senior citizens: Opportunities & challenges

According to a research report, it was found that there are 98 million elderly people in India, which is equal to the total population of Canada and UK put together. The total number of senior citizens will hit 173 million by 2025 and the 60+ population is estimated to touch 240 million by 2050.

Capri Capital bets on India; plans dedicated realty fund

CNBC TV18's Manasvi Ghelani finds out what's attracting global investors to Indian realty at a time when domestic banks are shying away from exposing themselves to the sector.

Prestige Estates eyes Rs 600 cr collection in Q4

The company sold 904 units (area of 1.55 million square feet) worth Rs 940.2 crore in the quarter gone by, a growth of 24.69 percent compared to a year ago period.

Prestige Estates up 7% post Dec quarter sales performance

The Bangalore-based real estate developer reported strong performance during October-December quarter (Q3) despite slowdown in the economy.

J P Morgan rates DLF a 'buy', keeps target at Rs 300

Passing through a rough weather real estate major DLF, finally has some reasons to cheer and so are its shareholders. Following an analyst call with the company management, the international brokerage firm - J P Morgan has given an "overweight (buy)" call on the stock setting a target price of Rs 300 from the current level.

Puravankara forays into Saudi Arabia

Real estate developer Puravankara Projects Ltd today ventured into Saudi Arabia to cater to the housing needs of Non-Resident Indians there. A new branch office of the developer was inaugurated in Al Khobar, Dammam.

Realty: No Diwali dhamaka but season of hidden discounts

This festive season, home buyers in Mumbai may be starved for options as several developers have put new launches on hold but not so in Bangalore or the national capital region (NCR). However, CNBC-TV18's Priyanka Ghosh reports that price reductions are not on the cards.