Its net profit stood at Rs 286.65 crore in the year-ago period
Robust sales traction in Q3 helped bring down high levels of inventory
The Nifty Realty index can rally towards 525-level.
The market share of trusted real estate developers in the overall housing sales is gradually increasing as homebuyers have become risk-averse
Sharp run in stock prices over the past three months, however, caps near term upside
The technical analyst from HDFC Securities says that stock specific bullish moves will continue while Nifty consolidates in the 17,800 - 18,200 range
Sharp run in stock prices over the past three months, however, caps near term upside
At 01:05 pm, the S&P BSE Realty index, the top gainer among sectoral indices, was up 4.7 per cent
IndiGo co-founder Rakesh Gangwal has moved Delhi High Court to enforce an arbitration order of the London Court of International Arbitration
Oberoi Realty Ltd on Thursday reported over two-fold jump in its sales bookings at Rs 828.52 crore for the quarter ended September on improved housing demand driven by low mortgage rates
DLF, Godrej Properties and Oberoi Realty have rallied between 30 per cent and 41 per cent in the past four trading days
Demand expected to pick up; deleveraging, consolidation are key triggers
Tata Realty, the real estate arm of Tata Sons, is also looking to redevelop residential buildings in South Mumbai
The real estate sector is undergoing major consolidation as very few developers have the financial stability to undertake large capital-intensive projects, Oberoi Realty's management said
Oberoi Realty Ltd on Thursday reported an over two-fold jump in consolidated net profit at Rs 80.81 crore for the quarter ended June 2021
On June 3, Oberoi Realty's stock surpassed the crucial double top resistance of 630 on a closing basis
The project has long-term lease rights of up to 99 years for residential or mixed use and 60 years for non-residential formats.
GIC, Singapore's sovereign wealth fund and Phoenix Mills, have entered into a strategic partnership to establish an investment platform for retail‐led mixed‐use assets in India
In a Q&A, Vikas Oberoi explains why he is bullish on the redevelopment business in Mumbai
Oberoi said the company is open to redevelopment of large residential societies and doing joint development, he said .