Page 27 - Real Estate

Hiranandani Group enters consumer tech with Rs 3,500 cr investment plan

Company will focus on large opportunities in the arena of social media, entertainment, gaming and e-sports, e-commerce, personal mobility, artificial intelligence and blockchain linked solutions

Virtual real estate seller Metamall raises $400,000 via 80 mn crypto tokens

Metamall has already raised $4.6 million in its seed, strategic and private rounds and more than $2 million through NFT realty sales

Asset quality issues to affect realty-focused non-banks till FY23: Study

The real estate AUM of non-banks contracted by 17.64 per cent to Rs 2.8 lakh crore as of March 2021 from Rs 3.4 lakh crore as of March 2019

Godrej Properties plans Rs 7,500-cr investment in next 12-18 months

Recently, Godrej Properties Ltd reported that its consolidated net profit in December quarter nearly trebled to Rs 38.95 crore

Sobha's Q3 net rises 57% to Rs 33 cr, revenue dips 2% to Rs 668 cr

The company achieved total cash inflow of Rs 1,059 crore during Q3 of FY22 which is the highest in its lifetime

Ace investor Rakesh Jhunjhunwala, others to pick up stake in D B Realty

D B Realty will allot 5 crore warrants to investors, including Rakesh Jhunjhunwala and his wife, within days of Godrej Properties cancelling its plans to invest Rs 700 crore in the company

Time to focus on project execution

'The status of mega projects under the control of state governments is not available', says the author

New launch trajectory key driver for DLF, buy on dips, say experts

Residential demand remains strong, commercial portfolio may lag in near term

Budget 2022: For property buyers, right TDS must to avoid interest, penalty

Budget impact may not be palpable, but steer clear of taxman

DLF eyes Rs 47,000 cr revenue from 35 mn sq ft new projects in medium term

Realty major DLF Ltd has revised upwards its sales revenue potential by 17 per cent to Rs 47,000 crore

Lease rental discounting rates lowest in 10 years for top realtors

Fall 200 bps in 24 months as banks struggle to deploy credit

Union Budget 2022: Real estate sector hails it as a growth-inducing budget

Finance Minister Nirmala Sitharaman on Tuesday tabled the Union Budget for FY 2022-23

Govt proposes to tweak TDS norms on sale of immovable property

One per cent TDS will apply on a non-agriculture immovable property of over Rs 50 lakh on the basis of sale price or the stamp duty value, which ever is higher

Budget 2022: Realty stocks jump up to 6% as govt's FY23 capex hiked by 35%

Shares of real estate companies on Tuesday jumped up to 6 per cent after Finance Minister Nirmala Sitharaman announced allocation of whopping Rs 48,000 crore for completion of 80 lakh houses

DLF Q3 profit falls 15% to Rs 379 cr; income grows slightly to Rs 1,687 cr

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.

Economic Survey: Housing prices hiked in some cities even during Covid wave

While house transactions mostly declined during the Covid-19 shocks, their prices did not fall in most of the selected cities, some even increased, as per Economic Survey 2021-22.

Registration of homes in Mumbai city down 26% in Jan to 7,732 units: Report

Registration of residential properties in Mumbai municipal area fell 26 per cent on an annual basis to 7,732 units due to restrictions on movements to curb the spread of the coronavirus pandemic

Budget 2022: Realty seeks increase in approval timeframe for rental housing

The National Real Estate Development Council requested the Centre to increase the approval time frame of such housing projects by at least five years.

Enter residential real estate with a horizon of five to six years

With prices and loan rates at low levels, this is a good time to invest. But moderate your return expectations

Embassy REIT to invest Rs 850 crore to develop office space in Bengaluru

Currently, Embassy REIT is developing a total of 4.6 million square feet area, including the new 1.9 million square feet office buildings