News
See whats happening in Real Estate sector right now
-
New York Life Insurance Company invests Rs 388 crore in Max Estates' two SPVs
Upon the transaction’s close, New York Life will acquire 49% stakes in two SPVs of Max Estates that hold Max Towers and Max House (Phase I & II).
-
Mindspace REIT posts net profit of Rs 127.10 crore in Q4 FY24
-
UltraTech, JSW Cement, Nuvoco Vistas, others eye Vadraj Cement
-
MahaRERA proposes to mandate developers to mention amenity details with deadlines
-
Brookfield plans $10 billion investment in Indian real estate in 3-5 years
-
Court summons Ansal Properties' managing director in criminal intimidation case
-
Mahindra Lifespaces posts net profit of Rs 71.48 crore in Q4 FY24
-
Embassy REIT posts net profit of Rs 2,834.14 million in Q4 FY24
-
Macrotech Developers' net profit dips 10.61% in Q4 FY24
Most Read
More in News
-
Home prices in Australia rise by 0.6% in April: CoreLogic
For April, price gains were driven by a 2.0% jump in Perth and 1.3% increase in Adelaide, both more affordable markets. Prices in Sydney rose 0.4% while Melbourne dipped 0.1%.
-
China Evergrande Group to delay 2023 annual results
Preparation of the financial statements of the company for the year ended Dec. 31, 2023, and the publication of the 2023 annual report have been delayed, the cash-strapped firm said in an exchange filing on Tuesday.
-
Mangalam Cement's net profit up 10.63% in Q4 FY24
Mangalam Cement's net total income stood at Rs 456.48 crore in Q4 FY24, a dip of 1.92 per cent from Rs 465.42 crore it recorded in the similar quarter last year.
-
Orient Cement's net profit increases by 1.22% in Q4 FY24
Orient Cement's net total income stood at Rs 895.53 crore in Q4 FY24, a growth of 1.66 per cent from Rs 880.88 crore it recorded in the similar quarter last year.
-
Ambuja Cements posts net profit of Rs 1,525.78 crore in Q4 FY24
Ambuja Cements' net consolidated total income stood at Rs 9,127.45 crore in Q4 FY24, a growth of 10.63 per cent from Rs 8,250.45 crore it recorded in the similar quarter last year.
-
Prayagraj civic body issues house tax bills with QR Code
The Municipal Corporation has emphasised on online payment of the tax. For this, the website of the corporation has also been upgraded. Apart from this, QR codes have been issued to building owners along with house tax bills.
-
Aadhar Housing Finance's Rs 3,000-crore IPO to open on May 8
The IPO is a combination of a fresh issue of equity shares worth Rs 1,000 crore and an offer for sale (OFS) of Rs 2,000 crore by promoter BCP Topco VII Pte Ltd, an affiliate of Blackstone Group Inc.
-
Thirivananthapuram: Despite go-ahead, 61 acres at Technopark phase-III remain idle
Sixty-one acres of paddy field at Technopark Phase-III, leased to IT companies 12 years ago, remain unused. Govt cleared the land for development, but no progress seen as Technopark fails to take action despite high demand for IT space.
-
Three Ghaziabad development body supervisors suspended for promoting illegal construction
The orders for suspension of GDA supervisors Anil Tyagi, Arvind Chauhan and Raju Diwakar are applicable from Tuesday, Vats said. Besides, show cause notices were issued to the concerned junior engineer and assistant engineer of the Rajendra Nagar area.
-
Shriram Housing Finance's net profit grows 67% in Q4 FY24
Shriram Housing Finance's assets under management (AUM) grew to Rs 13,762 crore in Q4 FY24. It also raised Rs 400-crore capital during the last quarter.
-
Godrej & Boyce, Godrej Properties to continue alliance for land development in Mumbai
Godrej Construction, a business of Godrej & Boyce, designed and built four phases of Godrej Platinum, residential development project with a total constructed area of 1 million sq ft, which has been marketed by Godrej Properties.
-
RBI updates guidance note on operational risk management, extends it to HFCs
The Reserve Bank on Tuesday updated its "guidance note" on operational risk management for the financial sector, and also extended it to the NBFCs, including housing finance companies.
-
Registration of properties in Mumbai region up 11% in April 2024
According to Knight Frank, the registration of properties stood at 11,621 units at 8 pm tonight. The numbers might increase to 11,650 units by the close of the registration process on Tuesday.
-
NCLAT starts hearing YEIDA petition against Suraksha’s bid to acquire Jaypee
The NCLT, while approving the Mumbai-based firm’s bid to take over JIL, had rejected YEIDA’s claim regarding the payment of additional compensation of Rs 1,689 crore to 10,000 farmers.
-
Nuvoco Vistas' net profit dips 50.09% in Q4 FY24
Nuvoco Vistas' net consolidated total income stood at Rs 2,940.61 crore in Q4 FY24, a minor growth of 0.33 per cent Rs 2,930.96 crore it recorded in the similar quarter last year.
-
Indiabulls Real Estate's subsidiary acquires Sky Forest Projects for Rs 646.71 crore
Sky Forest Projects (SFPPL) owns a residential project-Sky Forest, situated in Lowel Parel, Mumbai. The acquisition will help expand Indiabulls Real Estate’s presence in Mumbai.
-
China's Jinke Property Group prepares initial plans for court-led restructure debt
The company, based in southwestern Chongqing, is among many developers defaulting on debt since the sector slipped into crisis in mid-2021 but is the first to file its restructuring plan with a Chinese court.
-
China's Fantasia proposes $1.3 billion debt to equity swap for creditors
Cheering the restructuring agreement, shares of Fantasia jumped more than 11% on Tuesday morning, outperforming the 0.4% fall in the Hang Seng Mainland Properties Index.
-
Strained Chinese cities struggle to pay home buying subsidies
The 30-year-old now pays 6,000 yuan of her 8,000 monthly salary on the mortgage for the 1.1 million yuan apartment and another 1,800 yuan to rent another one, relying on her parents for other basic expenses.