Funding to real estate has got constrained over the past year which has resulted in many projects being stuck because of a lack of funds to complete the project.
Despite the mayhem in the market, many resilient stocks are still trading close to their 52-week highs
More credit support to developers will help them complete stuck projects faster.
Here, intent is the key. By reaching out to government agencies to complete unfinished housing projects, the SC has one express aim: relief for the stressed homebuyer.
The indices which did well were realty and pharma, while auto and metals have gone down.
The market has made a solid bearish candlestick pattern on both weekly and daily charts.
A rate hike is something which might not be taken in a positive light by most of the sectors
Jaypee Infratech had as on March 31, 2018 completed 13,200 houses, according to the Group’s CEO Manoj Gaur
Housing ministry proposes some amendments that are expected to be taken up in DDA’s meeting on Feb 2
The Prime Minister only takes ambitious steps, whether it is demonetisation, whether it is GST, whether it is insolvency law or it is any other thing. I do not think the Prime Minister is hesitant to take up impossible targets and make them possible, he said.
The following article is an initiative of Radius Developers and is intended to create awareness among the readers.
These will include the redevelopment of old government colonies in cities such as Varanasi, Gorakhpur, Agra, Shahjahanpur, etc
To discuss the implications of all the recent reforms on the developers and buyers, News18.com held third edition of its Global Indian Realty Summit in association with Angelo’s VNCT Ventures in Mumbai on Thursday.
Nearly 60 per cent of them feel the country will be developed in less than 15 years.
The Mumbai-based Lodha Developers invested Rs 3,700 crore in the last fiscal on construction and has increased outlay for the 2017-18 fiscal to boost deliveries, its Managing Director Abhishek Lodha said.
Realty player Puravankara today said it has reduced its debt by Rs 450 crore bringing down the net debt-equity ratio to 0.74 from 0.94 as on December 31 2016.
Weak global markets, coupled with likely profit booking at home, bled the market on Tuesday. Pharma stocks such as Lupin and Cipla gained, while Bharti Airtel fell over 3 percent at close.
DLF, one of the country's largest realty developers, has entered into an exclusive pact with private equity firm GIC to sell a minority stake sale in its rental commercial property arm, DLF Cyber City.
In an interview to CNBC-TV18, Sumesh Mishra, COO of Sunteck Realty spoke about the results and his outlook for the company.
The realty firm's net loss stood at Rs 3.93 crore in the year-ago period, the company said in a regulatory filing.
JC Sharma, vice-chairman and managing director of Sobha Ltd, has been witness to the emergence of Bengaluru as the country‘s top realty destination. It is not just the business potential of the city that R
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.
Realty firm Omaxe today reported 13 per cent increase in its consolidated net profit to Rs 20.59 crore for the quarter ended December.
The real estate sector appeared to be in doldrums after the government's historic decision to undertake demonetisation. But the move appears to have infused a fresh lease of life in the country's budget housing segment.
It is no secret that the sector has been going through challenging times for the past couple of years. It was in dire need of proactive policy changes to take it out of the red zone.