| Web exclusive: Paradigm shift in realty | 19-NOV-09 |
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| People in India swear by the success of the real estate sector, understandably so, for it is the country’s second largest employer and contributes to approximately 5 per cent to its GDP. The sector received foreign direct investment (FDI) of about Rs 21,370 crore between April 2007 and March 2009, second only to the services sector. |
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| JSL, Amara Raja, HDIL & Time Technoplast Q2 result | 30-OCT-09 |
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| Stainless steel manufacturer JSL Ltd on Thursday reported a net profit of Rs 62.75 crore for the second quarter ended September 30, 2009. The company had a net loss of Rs 68.64 crore in the September quarter last year, JSL said in a filing with the Bombay Stock Exchange. Total income of the company increased to Rs 1,330.02 crore in the quarter under review from Rs 1,094.90 crore during the same period in the previous year, it said. |
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| HDIL's profit declines 44.07% | 29-OCT-09 |
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| The lull in real estate market, particularly in the commercial properties’ segment, has pulled down Housing Development and Infrastructure (HDIL) profits.The profit declined by 44.07 per cent. |
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| Provisioning norm to raise commercial realty prices | 28-OCT-09 |
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| Developers said property prices were likely to go up after the Reserve Bank of India (RBI) increased the provisioning for commercial real estate. This, they said, would increase the cost of funds. |
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| Will it last? | 26-OCT-09 |
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| While there are visible signs of a recovery in the real estate market, price hikes by developers and any increase in interest rates could halt this momentum. |
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| Reliance tops combined value chart | 23-OCT-09 |
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| Reliance has topped the combined value chart with a turnover of Rs 840 crore. It is followed by SBI (Rs 397.23 million), DLF (Rs 395.76 crore), Unitech (Rs 360 crore) and Tata Steel (Rs 298.22 crore). |
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| Yesterday once more: Realty firms start raising prices | 16-SEP-09 |
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| DLF, the country’s largest property developer, will soon conduct a poll among property brokers to decide the pricing and number of apartments to be offered in the second phase of its Capital Greens project in West Delhi. |
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| HDIL slips 3% on Rs 100 cr penalty | 14-SEP-09 |
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| The stock touched touched a high of Rs 310 and finally ended with a loss of 3.5% at Rs 302. Around 4.92 million shares changed hands on the BSE today. |
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| HDIL to pay tax on Rs 350 cr additional income | 14-SEP-09 |
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| Real estate developer HDIL has agreed to pay tax on additional income of Rs 350 crore following raids by the revenue department, the company said in a statement today, denying it had done any wrong. |
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| HDIL asked to pay tax of Rs 100 crore | 12-SEP-09 |
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| The Income Tax Department continued its raids for the second day in a row on the offices of Mumbai-based property developer HDIL and residences of some of its directors, according to sources in the I-T Department. |
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| I-T dept raids HDIL office, brass' homes | 11-SEP-09 |
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| The income tax department today conducted searches at the offices of Housing Development and Infrastructure Ltd (HDIL), a Mumbai-based property developer, and the residences of its promoters and directors. |
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| Mumbai's eastern suburbs take centrestage | 11-SEP-09 |
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| Kurla is dotted with narrow, dingy bylanes and isn’t exactly considered a tony address in the commercial capital of the country. But that could change soon. |
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| IT search at HDIL office | 10-SEP-09 |
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| IT department has started search operations in the office of HDIL, a Mumbai-based real estate company, sources in the IT department said. |
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