While rising interest rates are expected to hamper affordability among buyers, analysts expect the underlying need for homeownership to remain strong, which would buoy housing sales going ahead
Among the realty pack, Indiabulls Real Estate trades in a bear grip, while Brigade and Phoenix Mills may see an upside of 14 per cent.
The sale of properties that only the super-rich can afford is bumping up two years after the pandemic hit the country
Stocks to Watch Today: Shares of oil producers and marketing companies are likely to be in focus following the steep production cut by OPEC+.
Mahindra Logistics has announced the acquisition of the B2B express business of Gurugram-based logistics firm Rivigo Services, which will help the company accelerate its capabilities in this space
Realty major DLF will develop a new luxury housing project in Gurugram with an estimated sales realisation of about Rs 1,800 crore, its Group Executive Director Aakash Ohri said on Monday. DLF has launched its project 'The Grove', which is located at DLF phase-5. "We have launched a new project which will be low-rise luxury development comprising 292 residences. The total developable area in this project is 8.5 lakh square feet," Group Executive Director and Chief Business Officer of DLF Ltd, Ohri said. "We are expecting a sales revenue of Rs 1,700-1,800 crore from this project," he told reporters, but declined to share details of investment on the development of this new project. In the last 20 months, Ohri highlighted that the company has successfully launched and sold independent floor worth Rs 3,000 crore. "The independent floors market was earlier catered by unorganised players. But there was always demand for good product from good developers," he said. Ohri noted that ...
He noted that the residential segment has witnessed structural recovery on strong demand and the credible players are gaining market share
The hospital asset was sold by DLF Qutub Enclave Complex Medical Charitable Trust in 2011 to Nayati Healthcare and Research NCR Pvt Ltd
India's biggest real estate developer DLF is evaluating a bid for a prominent New Delhi shopping mall which has a starting auction price of $366 million
Manappuram Finance has so far on Friday post RBI rate hike has logged its biggest intra-day gain this year, the stock along with DLF, SBI and Bajaj Auto can rally up to 14 per cent in the near term.
DLF will review data related to the mall's occupancy status and contractual obligations and then consider whether to bid for it or not, one of the sources with direct knowledge said on Thursday
Analysts have 'neutral' to 'buy' ratings with target price between Rs 385 and Rs 450 as they believe results and guidance already priced-in
Realty major DLF Ltd is targeting a 10 per cent growth in its sales bookings to about Rs 8,000 crore this fiscal on better demand for its housing properties
DLF's total income rose to Rs 1,516 cr in the first quarter from Rs 1,242 cr in the year-ago period
Stocks to watch today: HDFC, Sun Pharma, and Cipla will report their June quarter results on Friday, July 29; Dr Reddy's saw 108 per cent YoY rise in consolidated net profit to Rs 1,187.6 crore in Q1.
Realty major DLF Chairman Rajiv Singh has said the company has initiated the development of new shopping malls and looks to double retail portfolio in next five years
The technical analyst from HDFC Securities recommends buying DLF June 300 Put and simultaneously selling 280 Put.
REIT listing and valuations are triggers, but rising interest rates is a concern: Analysts.
Stocks to watch today: At 7:26 am, the SGX Nifty futures were quoting 16,223 levels, signaling 30-40 point loss for the 50-packed index.
Realty major DLF on Tuesday reported a 16 per cent decline in its consolidated net profit to Rs 405.33 crore for the quarter ended in March. Its net profit stood at Rs 480.94 crore in the year-ago period, the company said in a regulatory filing. Total income declined to Rs 1,652.13 crore during the fourth quarter of the last fiscal from Rs 1,906.59 crore in the corresponding period of the previous year. Net profit rose to Rs 1,500.86 crore during the last financial year from Rs 1,093.61 crore in the 2020-21 fiscal year. Total income rose to Rs 6,137.85 crore in 2021-22 from Rs 5,944.89 crore in the previous year.