Page 173 - Real Estate

After Evergrande, China lenders hold back on credit for property developers

Carrying $305 billion in liabilities, China's second biggest property developer inched closer to a potential default on Friday by missing the deadline on an interest payment.

Evergrande's billionaire boss Hui Ka Yan exudes calm amid crisis

Evergrande missed a dollar bond interest payment deadline this week, moving closing to a potential default.

Fears grow for China Evergrande after interest deadline passes

China Evergrande inched closer on Friday to the potential default that investors fear as an interest deadline expired without any announcement from the property giant

Realty projects sell out in days over low interest rate, IT hiring

Godrej Properties sold record 340 apartments worth Rs 580 crore in second phase of Noida project

Real firm Casagrand plans IPO by next December to fund land acquisition

Will invest Rs 5,000 crore in residential development in the next one year, has already raised Rs 400-500 crore from KKR for land acquisition in Chennai and Bengaluru

China's debt-ridden Evergrande Group says it will make bond payment

The Chinese government, meanwhile, kept investors guessing about whether it might intervene.

China Evergrande unit will make onshore bond coupon payments on Sept 23

In a Shenzhen exchange filing, Hengda Real Estate Group Co Ltd said the company would make a coupon payment on its Shenzhen-traded 5.8% September 2025 bond on time on Thursday

Godrej Properties achieves highest single day sales at launch of Noida proj

Godrej Properties said it sold 340 homes with an area of more than half a million square feet on the first day of launch, making it one of the most successful launches in the country in recent times

Evergrande: How far will Xi go with his crackdown on real estate sector

The selloff on Monday left few risky assets untouched. Hong Kong's Hang Seng Index tumbled more than 3%, led by real estate companies.

World shares jolted by Evergrande crisis as debt payment test looms

Selling pressure persisted in early trade in Asia ahead of a major test for Evergrande this week, which is due to pay $83.5 million in interest relating to its March 2022 bond on Thursday

Evergrande chairman confident company will 'walk out of its darkest moment

Chairman Hui Ka Yuan said Evergrande will deliver property projects as pledged, fulfil responsibilities to property buyers, investors, partners and financial institutions

Evergrande gave workers a choice: loan us cash or lose your bonus

The Chinese property giant owes $300 billion and is on the hook for 1.6 million apartments. It may owe tens of thousands of its employees money, too

Evergrande begins repaying wealth product investors with property

The firm has begun repaying investors in its wealth management products with real estate

China pumps in $14-billion cash as Evergrande's pain roils markets

Extended and severe economic slowdown seems probable, say economists

Housing demand to rise on SBI's decision to offer loan at 6.7%: Realtors

India's residential property market is expected to witness a strong consumer demand during the festival season with various banks

Covid-19 hit India's residential market harder than US and Brazil

Average home prices in India, however, fell on a year-on-year (YoY) and quarter-on-quarter (QoQ) basis during the June quarter

Consolidation in India's residential real estate set to gain ground

Top listed players eyeing higher market share

India ranks 54th in housing prices appreciation; rates fall 0.5% in Jun qtr

India ranks 54th out of 55 countries globally in the housing prices index as rates of residential properties fell marginally by 0.5 per cent year-on-year during the quarter ended June

Arvind SmartSpaces raises Rs 85 crore through H-CARE 1

The Board of Directors of approved the allotment of 6.85 million equity share aggregating to about Rs 85 crore to H-CARE 1 and the promoters of ASL at the price of Rs 124/sh

Arvind SmartSpaces raises Rs 85 crore to pursue value accretive projects

Raises funds from HDFC Capital Affordable Real Estate Fund-1