At 10:40 am; Nifty Bank, Nifty Financial Services, Nifty Private Bank, Nifty PSU Bank, Nifty Auto and Nifty Realty index were up in the range of 0.60% to 1.07%.
According to analysts, the BJP's manifesto mentioned affordable housing as one of the key focus areas, among others, which could keep real estate players in the pink of their health
Realty major DLF on Thursday said it has sold all 795 apartments for Rs 5,590 crore within three days of the launch of its new luxury housing project in Gurugram amid strong consumer demand. In a regulatory filing, the company informed the success of its latest luxury residential project 'DLF Privana West' "achieving a remarkable sellout valued at approximately Rs 5,590 crore, within 3 days." The new project is spread over 12.57-acre comprising 795 apartments. In January this year, the company had sold 1,113 luxury apartments in Gurugram for Rs 7,200 crore within three days of the launch of its project 'DLF Privana South', which is spread over 25-acre. Both 'DLF Privana West' and 'DLF Privana South' are part of 116-acre 'DLF Privana' township located in Sector 76 and 77. Aakash Ohri, Joint Managing Director and Chief Business Officer, DLF Home Developers Ltd, said, "After the overwhelming success of DLF Privana's inaugural project DLF Privana South, 'DLF Privana West' emerges as t
Real-estate stock update: Realty stocks were witnessing some profit-taking on Thursday, as the BSE Realty index has rallied over 23 per cent so far in 2024.
The company reported highest-ever quarterly sales announced to date by any publicly listed real estate developer in India
Meanwhile, thus far in the calendar year 2024, the Nifty Realty index has surged 21 per cent, as compared to 2 per cent rise in the benchmark index.
Prestige Group has inked a landmark deal with Abu Dhabi Investment Authority (ADIA) and Kotak AIF for Rs 2,001 crore investment.
Global investors have 'consistently infused' average of $4 bn annually in the last five years, it says
The realty firm believes that the said order to be unlawful and was evaluating legal options to defend itself, including filing of an appeal in Court.
The Reserve Bank of India's Monetary Policy Committee (RBI MPC) on Thursday decided to keep the repo rate unchanged at 6.5 per cent for the sixth consecutive time.
The rental income in DCCDL's commercial portfolio increased by 8 per cent YoY to Rs 1,100 crore with a 21 per cent rise in retail income
While this was up 25 per cent as compared to the year-ago quarter, it was down 18 per cent on a sequential basis despite a new launch
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Investors holding the stocks could partially book profit; new investors should wait for correction to enter the pack
Since March 28, the market prices of DB Realty, Puravankara, and Prestige Estates Projects have zoomed over 200 per cent
Prestige Estates Projects hit a new high at Rs 1,231.95, up 6% in Thursday's intra-day trade and has surged 46% in past one month amid expectation of healthy demand.
In past one month, the stock has outperformed the market by surging 28 per cent, as compared to 0.34 per cent gain in the S&P BSE Sensex and 15 per cent rally in the S&P BSE Realty index.
Charts suggest that the bias for the realty stocks is likely to remain favourable as long as they hold these key support levels.
The S&P BSE Realty index up 3 per cent was the top gainer among sectoral indices on Tuesday.
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