Page 23 - Realty

Macrotech Developers Q1 sales bookings surge 88% to Rs 957 cr despite Covid

Realty firm Macrotech Developers on Thursday reported an 88 per cent rise in its sales bookings at Rs 957 crore for the quarter ended June on strong demand despite the second wave of Covid pandemic

Boost for realty as West Bengal proposes rebate on stamp duty in budget

2% rate cut proposed, along with 10% deduction in circle rate, which sets the value at which a property is registered

Housing sales dips 23% in Apr-Jun over previous quarter; up 83 % annually

Housing sales declined 23% in April-June across seven cities compared with the previous quarter due to the second wave of the Covid pandemic, but witnessed an 83% rise on an annual basis

Covid-19 pandemic forces real estate developers to rethink house design

Touch-free elevators, co-working spaces the in thing

For realty developers, confidence builds on pent-up housing demand

Low interest rates, tax sops may encourage buyers

Most big mall developers may waive rent for recent Covid-19 lockdown

DLF, the country's largest listed developer, has also taken a similar stand.

That dream house: Real estate has some opportunity waiting to be tapped

If the real estate sector is properly managed, it could drive not just finance but demand for a range of products and services, writes T N Ninan

FIIs turn sellers after 6 months but bet big on these 2 sectors in April

The two sectors which continue to see highest net inflow consecutively for the two months are - FMCG and Realty, a report by Edelweiss Securities said

Sunteck Realty's sales bookings drop 16% in FY21 amid Covid-19 crisis

Sunteck Realty Ltd on Wednesday reported 16 per cent decline in its sales bookings during the last fiscal year

PE investment in realty jumps 16-fold in Jan-Mar at $3.2 bn: Report

Private equity investment in real estate jumped over 16-fold in January-March 2021 to USD 3.24 billion as several deals spilled over from last year, according to Knight Frank. The property consultant, in its report 'Investments in Real Estate - Trends in PE Investments - Q1 2021', said Indian real estate attracted private equity (debt and equity) investments of USD 3,241 million across 19 deals in Q1 2021. The investment stood at mere USD 199 million in Q1 of 2020 calendar year. "The strong momentum in Q1 2021 was predominantly driven by two major factors: a spill over of certain deals from 2020 and the rise in investor confidence due to the drop in COVID-19 infections during early parts of Q1 2021," it said. Explaining the investment trend in the real estate industry, Shishir Baijal, chairman and managing director of Knight Frank India, said office assets continue to be the preferred segment attracting over 70 per cent of PE investments in Q1 2021. "While Q1 2021 has been an ...

Analysts turn cautious on real estate stocks amid rising Covid cases

Going ahead, analysts at ICICI Securities expect consolidation across the industry with market share gains for larger incumbents across real estate asset classes

Realty, insurance corner bulk of FPI flows at $500 mn each in March

Banks, IT see outflows amid valuation concerns

A Rs 1,001 cr house for Mr Damani and other marquee realty buys in Mumbai

DMart promoter Radhakishan Damani has reasons besides snob value for buying plush Malabar Hill property, say experts

Harbinger of Sweeping Reforms in the Realty Domain: Lion Dr Kiron

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Housing sales in 7 cities surge 29%, highest reported in Hyderabad: Anarock

Unsold inventory in the top 7 cities saw a nominal yearly decline - from 644,000 units towards Q1 2020-end to approx

Fractional ownership is for deep-pocketed investors, say analysts

Most retail investors will be better off opting for a REIT

Generic Engineering Construction bags construction orders worth Rs 81 cr

The company has been awarded with new work orders worth Rs 80.80 crore (including GST) for various institutional projects from new reputed clients

Realty firm DLF plans to raise up to Rs 395 cr via issue of debentures

In a regulatory filing, the company informed that the proposal will be discussed on March 3 at a meeting of the finance committee of the board of directors

448 infrastructure projects show cost overruns worth Rs 4.02 trillion

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above

Realty firm Godrej Properties' Q3 profit dips 69% to Rs 14.35 crore

During April-December period of the 2020-21 financial year, Godrej Properties clocked a net profit of Rs 2.19 crore, registering a sharp drop from Rs 168.13 crore in the year-ago period