Page 44 - Real Estate

Near term headwinds for REITs on FY22 lease expiry, weak demand

Strong base of technology sector tenants and valuations may provide support

Berger Paints Q4 net profit at Rs 209 crore on revenue of Rs 2,026 crore

Berger Paints is the second largest paint company in India with 16 manufacturing units.

Transcon Developers eyes Rs 2000 cr revenue from Andheri project

Transcon Developers, one of the prominent real estate groups in Mumbai has recently launched its second phase

Affluent Indians seek second home to escape Covid-19 pandemic rage

Enquiries have jumped 20-40% vis-a-vis pre-Covid period, say realty agents

SC order on personal guarantors thorn in the side of biz families

Lack of clarity between legitimate succession planning and evasion is a worry, say experts

Share of top listed cos in home sales up from 6% to 22% in 4 years: study

Together they sold 21.23 mn sq ft area during first three quarters of FY21 (April-December 2020) despite the first wave of Covid-19, up 2% two over the year-ago period

Listed property developers expect better days after first quarter

In FY21, home sales picked up after Q1 because states such as Maharashtra announced stamp duty cuts and banks offered special interest rates

Motilal Oswal Real Estate announces 1st close of its fifth real estate fund

The Fund, which was launched with a target corpus of Rs 800 crore has received commitments aggregating Rs 650 crore.

Second wave may delay 422,000 houses meant for delivery this year: study

40% of these are in the affordable segment priced under Rs 40 lakh; 35% are in the mid-segment priced at Rs 40-80 lakh

PE investments in realty up 19%, ticket sizes up 1.6x to $178 mn: Anarock

Share of structured debt went up from 14% in FY20 to 21% in FY21

Oberoi Realty to actively pursue redevelopment business: Chairman

Oberoi said the company is open to redevelopment of large residential societies and doing joint development, he said .

After strong Q4 performance, Asian Paints faces multiple challenges

The Covid wave, rising raw material costs can impact near-term sales

Housing revival to boost economic sentiment: FM Nirmala Sitharaman

SWAMIH Fund to benefit 116,000 home buyers, help banks and NBFCs grow

Delhi falls to 32nd in Knight Frank's global prime property index

New Delhi's rank declined to 32nd among global cities in terms of prime residential properties

Sales growth concerns amid second wave cloud Godrej Properties' prospects

Margin trajectory and valuations to limit upsides

UP, Haryana, Maharashtra lead on the number of RERA cases resolved

Nearly 40 per cent of all complaints were resolved in Uttar Pradesh alone

Godrej Properties expects muted sales numbers in first quarter of FY22

Company plans to scale up business after second quarter

Godrej Properties clocks record sales bookings of Rs 6,725 cr in FY21

Sales bookings grew by 14 per cent

Delhi-NCR logs 5% growth in office space absorption in Jan-Mar: JLL

IT and IT-enabled services, BFSI, healthcare, legal and consulting firms dominated leasing during the quarter.

Real estate projects to feel the pinch as steel, cement prices rise

Road transport & highways ministry charges a 10x toll rate for major bridges, structures