Page 178 - Real Estate

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

Uphaar fire tragedy: HC refuses to stay trial in evidence tampering case

The Delhi High Court Thursday refused to stay the trial in a case related to alleged tampering with the evidence of the 1997 Uphaar tragedy case

Developers feel the heat after SC verdict on Supertech

Do you know what’s the most expensive purchase for any middle-class person in India? Yes, you are right... it's his 'dream' house. But this common often buys a mere promise these days rather than a product. It’s the promise to deliver the house within a deadline which comes with no sovereign guarantee.

Paints, tiles players' stocks stand to gain from realty's revival

Favourable macros, market share gains for larger players, pent-up demand are key growth drivers

Blackstone buys TARC's warehousing asset in north Delhi for Rs 295 cr

Realty firm TARC Ltd on Monday said it has sold a warehousing asset in the city to global investment firm Blackstone for Rs 295 crore. TARC Ltd has said in a statement that it has completed the sale of its warehousing asset in North Delhi to BREP Asia II EIP Holding (NQ) Pte Ltd, an affiliate of funds controlled, managed and/or advised by Blackstone Inc (BREP). The total consideration of the deal is Rs 295 crore. TARC Ltd wants to focus on core development projects to unlock much higher value through its strategic and key land parcels in the national capital. The deal is in line with its strategy to become a debt-free company, develop its huge land bank and look for new developments in the National Capital Region, the statement said. TARC Ltd plans to use a part of the proceeds to fast track the residential projects, consolidating its strategy to develop higher yielding, future ready projects. The company is looking for similar opportunities with Blackstone and other global Funds

Sales of listed realty firms just 50% of highest Q4FY19 figures

The Q4 of FY19 sales numbers excluded those of property developer Macrotech promoted by the Lodha group