It can be noted that very few developers like Macrotech Developers formerly Lodha, and DLF are listed on the bourses
40 per cent correction in Godrej Property should see a smart 11 per cent jump now, technical charts suggest
Residential demand remains strong, commercial portfolio may lag in near term
Realty major DLF Ltd has revised upwards its sales revenue potential by 17 per cent to Rs 47,000 crore
Adani Ports, Indian Hotels and Tech Mahindra are some of the prominent companies to announce results today.
Company says it clocked record new sales in the quarter amounting to Rs 2,018 crore, reflecting a YoY growth of 97 per cent
Realty major DLF Ltd on Monday reported a 15 per cent fall in its consolidated net profit to Rs 379.49 crore for the quarter ended December.
DLF said it has clocked sales worth approximately Rs 1500 crore for towers in the first phase of the newly launched luxury residential project, ONE Midtown in West Delhi
The Nifty Realty index can rally towards 525-level.
DLF is developing this project in partnership with Singapore sovereign wealth fund GIC
The SGX Nifty indicates a quiet start for our markets this morning
The NCDs will be listed on the Wholesale Debt Market of BSE
Realty major DLF on Wednesday said the company will develop six new retail properties across major cities comprising 2.3 million square feet area as part of its expansion plan
Realty major DLF's arm DCCDL, which holds bulk of its office and rental assets, has reported a 3 per cent increase in net debt at Rs 19,640 crore during the September quarter due to higher capex. DLF Cyber City Developers Ltd (DCCDL) is a joint venture between DLF Ltd and Singapore's sovereign wealth fund GIC. DLF has nearly 67 per cent stake in the JV firm, while GIC has the remaining. According to an investors presentation, the net debt of DCCDL rose to Rs 19,640 crore as on September 30, 2021 from Rs 19,072 crore at the end of the first quarter of this fiscal year. DCCDL's 58 per funding is from banks and around 78 per cent of scheduled repayment is greater than 3 years. The latest debt has been raised at sub 7 per cent interest rates. "Debt levels to hold in the short term; expected significant reduction post REIT (Real Estate Investment Trust) listing," DCCDL said, adding "progress on getting DCCDL REIT ready remains on track." In June, DLF said that its rental arm DCCDL wou
At 01:05 pm, the S&P BSE Realty index, the top gainer among sectoral indices, was up 4.7 per cent
Bullish on demand DLF Ltd has identified a robust pipeline of new projects and will launch 35 million square feet area in medium term with a sales potential of around Rs 40,000 crore
DLF Ltd has reduced its net debt on improved cash flows
IRCTC and Bharti Airtel could be in focus owing to negative news flow, apart from the stocks that are likely to react to corporate earnings
According to the company, with increasing volumes and well calibrated price hikes, it expects further margin expansion for its projects
The overall trend in rate sensitive stocks is positive and this unchanged policy may trigger further upside, once near term resistances are crossed