In the past month, the realty index has rallied 21 per cent against 6 per cent gain in the Nifty50 index
Godrej Properties, Oberoi Realty, Prestige Estates and Brigade Enterprises from the Nifty Realty index were up 1 per cent each, recovering by upto 2 per cent from their respective intra-day's low.
On April 17, 2020, the stock had zoomed 20 per cent in intra-day trade, exchange data shows
Margins in residential projects have come down from 20-30 per cent last year to 8 to 10 per cent in today's market
At 12:26 pm, the Nifty Realty index was up 2.9 per cent as compared to a 0.38 per cent rise in the Nifty 50 index.
Haldiram, Oberoi Realty's plans hit; No pick up in demand expected in next 2-3 years
Buyers aged between 30-35 years currently living on rent have the highest purchase inclination, says report
So far, there were opportunities in stalled residential projects for top developers like Godrej Properties
Construction grinds to a halt in April and May; realtors, analysts expect improvement in coming quarters
Godrej Properties is prepared to withstand the downturn in the sector and capture opportunities that arise due to the crisis, said its chairman Pirojsha Godrej in the company's latest annual report
Oberoi said that the company wanted to be a serious office property developer after its office lease deal with global investor Morgan Stanley
Ensure the price isn't higher than a construction-linked plan
At the heart of the matter are revenue-share rental agreements that retailers are mooting over fixed-rent contracts that they say are unsustainable
Given the uncertainty in pick up of demand and logistical challenges during lockdown, property developers are being cautious about the timing of launches in the near term, said Gopalkrishnan
CEOs warn of economic depression, say need to work within new normal
There will be a huge supply constraint and this in turn will continue to maintain the prices, or may even push the price of ready flats up, Vikas Oberoi says
Sales bookings of DLF, Sobha, Puravankara, Prestige Estates, Brigade Enterprises, Mahindra Lifespace Developers, Godrej Properties, Oberoi Realty and Kolte Patil have been taken into account
Mumbai-based Oberoi Realty is one of the leading real estate developers in the country
During the committee of creditors (CoC) meeting held in early January, the lenders had decided to place fresh expressions of interest (EoIs) before the NCLT.
According to the Anarock report, these nine players together achieved a sales bookings of Rs 22,800 crore in the entire 2018-19