The Supreme Court has asked the Environment Ministry and Maharashtra government to clarify the status of Sahara's 106-acre plot in Versova, Mumbai, according to reports
Shahid Kapoor, Abhishek Bachchan, D'Mart's Radhakrishna Damani and Everest Masala Group's promoter, Vratika Gupta are all owners of sea facing luxury apartments in Oberoi Realty's Three Sixty West.
The Nifty Realty index has surged 14% in the last 7 trading days, with select stocks rising up to 27% in anticipation of a rate cut in the upcoming RBI Policy. Here's technical view on realty stocks.
Technical charts suggest that stocks such as Prestige Estates, Lodha and Sobha can fall up to 32 per cent from here on, while the Nifty Realty index can crack by another 14 per cent.
The reversals come amid a broader selloff in Indian stocks, with the NSE Nifty 50 Index down 12% from its September record high
The BSE Realty index was trading at its lowest level since March 26, 2024, and has corrected by 23 per cent from its December 2024 high.
The company posted a 71.70 per cent year-on-year (Y-o-Y) increase in net profit for the third quarter of FY25 (Q3 FY25), reaching Rs 618.38 crore, compared to Rs 360.15 crore in Q3 FY24
The company posted a net profit of Rs 618.38 crore
The real-estate developer's consolidated net profit jumped 72 per cent to Rs 618 crore($71 million) for the three months ended Dec. 31
Shares of Phoenix, Macrotech Developers, Sobha, Brigade, Raymond, DLF, Oberoi Realty, Prestige Estates Projects and Godrej Properties were down in the range of 4 per cent to 9 per cent
Company tells stock exchanges it has acquired 81 acres from landowners for the project
The retail segment continues to perform well and the hospitality segment remains buoyant, with travel momentum being sustained
Oberoi Realty is a leading real estate development company in India, recognized for its high-end residential, commercial, and retail projects
UBS has set a target price of Rs 1,005 for DLF; Rs 2,175 for Prestige Estates; and Rs 2,230 for Oberoi Realty
Among others, Godrej Properties and Macrotech Developers (Lodha) gained over 3 per cent. DLF and Phoenix Mills advanced over 2 per cent
Technical charts indicate that the 5 newly added stocks to the MSCI index are favourably placed and could soar up to 19% in forthcoming trading sessions.
Actor Amitabh Bachchan's latest acquisition is worth Rs 24.95 crore in Mulund
The company launched the project 'Oberoi Garden City Thane' on October 18.
Oberoi Realty has sold luxury homes worth Rs 1,348 crore in its newly launched 75-acre residential project at Thane in Mumbai Metropolitan Region. On October 18, the company launched project 'Oberoi Garden City Thane'. It will be developing and marketing this project in phases. The company has "recorded gross booking value of around Rs 1,348 crore for 5.65 lakh sq ft (carpet area) over the first three days," it said in a regulatory filing. Spread around 75 acres, the project will offer homes with over 30 world-class amenities, a 5-star deluxe JW Marriott Hotel Thane Garden City and an Oberoi International School. The first phase of the development will consist of five residential towers and bookings for two towers commenced on October 18, 2024. "We are thrilled by the tremendous response to the launch of our latest project at Oberoi Garden City Thane. The trust and confidence our customers have shown in our brand and product deeply humbles and encourages us. This project epitomise
The company's profit climbed 28 per cent year-on-year (Y-o-Y) to Rs 589.4 crore in Q2FY25, from Rs 456.8 crore in Q2FY24.