Latest Realty News

Interest rate cut key for real estate revival in 2015
Jan 05, 2015
Mumbai: It would still be a while before profits of realty companies begin to perk up
Ashiana Housing to invest Rs 750 crore on new projects
Dec 08, 2014
NEW DELHI: Realty firm Ashiana Housing today said it will invest about Rs 750 crore in the next 3-4 years to develop four new housing projects in Haryana and Rajasthan
Realty firms gain as govt eases FDI norms for construction
Dec 04, 2014
Mumbai: Realty companies have gained between 1% to 3% on BSE boosted by government's decision to ease FDI norms in construction sector
Realty stocks surge on buzz Govt to take call on FDI relaxation for construction
Oct 29, 2014
Mumbai: Department of Industrial Policy and Promotion (DIPP) has proposed substantial easing of norms for affordable housing and the 100 smart cities
Realty firm Anant Raj sells subsidiary Greatway Estates for Rs 304 crore
Sep 27, 2014
Realty firm Anant Raj Ltd announced sale of its wholly-owned subsidiary Greatway Estates Ltd for Rs 304.12 crore
Parsvnath sells 140 acres of land to Supertech for Rs 665 crore
Sep 21, 2014
Realty firm Parsvnath Developers has sold 140 acre land at Sohna, Gurgaon, to Supertech Ltd for Rs 665 crore as part of plans to divest non-core assets to cut debt and complete ongoing projects
BSE forms 11-member advisory group on REITs
Jul 13, 2014
MUMBAI: The BSE has launched an advisory group on REITs (real estate investment trusts), which are aimed at attracting long-term funds to the cash-strapped realty sector from both foreign as well as domestic investors.
Plan your investments at the start of the year
Apr 08, 2014
MUMBAI: The beginning of a new financial year is a good time to revisit your portfolio and take stock of your finances. Early planning helps you earn more returns and prevents you running from pillar to post in the last week of the next March.
Is it the right time to buy real estate stocks?
Apr 07, 2014
MUMBAI: After underperforming in 2013, when it declined almost 34 per cent, the BSE Realty Index has rallied by 21 per cent over the past month. For a long time now, retail investors have shunned real estate stocks.
Realty shares in demand
Apr 05, 2014
MUMBAI: Shares of real estate companies are in demand and rallied up to 16% on back of heavy volumes in otherwise weak market on the Bombay Stock Exchange (BSE).
RPower, Dewan Housing Finance gain after large block deals
Mar 26, 2014
MUMBAI: Key benchmark indices trimmed gains after hitting record high at the onset of the trading session. The barometer index, the S&P BSE Sensex, was up 68.29 points or 0.31%, off 48.60 points from the day's high and up 4.03 points from the day's low. The market breadth, indicating the overall health of the market, was strong. The market sentiment was boosted by data showing that foreign institutional investors (FIIs) made substantial purchases of Indian stocks on Tuesday, 25 March 2014. Gains
Prestige Estates Projects jumps on bargain hunting
Mar 20, 2014
BANGALORE: Prestige Estates Projects jumped 4.45% to Rs 159.55 at 13:40 IST on BSE on bargain hunting after the stock declined 12.39% in the preceding seven trading sessions to Rs 152.75 on 19 March 2014, from a recent high of Rs 174.35 on 7 March 2014.
Investors must be prepared for delayed payments; premature exits could be difficult
Mar 19, 2014
MUMBAI: Since March 3, the BSE realty index has gained 14.2 per cent, compared with the Sensex's 3.95 per cent rise. Though real estate developers are reporting a slowdown in sales, in most centres, returns by real estate-linked non-convertible debentures (NCDs) are 18-22 per cent a year.
Real estate NCDs: Good returns but with high risks
Mar 17, 2014
MUMBAI: Since March 3, the BSE realty index has gained 14.2 per cent, compared with the Sensex's 3.95 per cent rise. Though real estate developers are reporting a slowdown in sales, in most centres, returns by real estate-linked non-convertible debentures (NCDs) are 18-22 per cent a year.
Prestige Estates slips on profit booking
Mar 08, 2014
DELHI: Prestige Estates Projects fell 2.60% to Rs 159.10 at 10:40 IST on BSE on profit booking after the stock surged 23.66% in the preceding four trading sessions to Rs 163.35 on 6 March 2014, from a recent low of Rs 132.10 on 28 February 2014.
Unitech says servicing LIC loan; to clear it by March-end
Feb 27, 2014
MUMBAI: Real estate developer UnitechBSE -2.97 % has claimed that it has been regularly servicing the Rs 200-crore loan it had taken from LIC, even though a senior official of the life insurance major said they are looking into the account as it is a very serious matter.
Real estate: New launches key
Feb 06, 2014
MUMBAI: Oberoi Realty was the largest loser in the realty pack shedding five per cent as the Street was disappointed with its December 2013 quarter (Q3) results on Saturday. The stock, with the other Mumbai-based company Godrej Properties, had made gains on Friday after the Supreme Court struck down orders relating to encroached forest lands in areas surrounding the Sanjay Gandhi National Park in Mumbai. While there are gains as projects in the affected areas in Mumbai can go ahead, the weak res
Real estate stocks shine as apex court frees 6.4 lakh acres
Feb 01, 2014
MUMBAI: Scrips of several Mumbai-based developers saw an uptick on Friday on the back of the Supreme Court order that freed over 6.4 lakh acres for development in Mumbai by removing the ‘private forest’ tag.
IL&FS Engineering bags Rs 675 cr housing project
Nov 03, 2013
DELHI: IL&FS Engineering and Construction Company Ltd today said it has bagged a contract for building a high-rise residential project amounting to Rs 675 crore.
Realty stocks expected to move up
Oct 11, 2013
DELHI: Stocks of the beaten-down realty sector are expected to move up in the run-up to the results, said analysts. There could be an uptake of about 3-5% in these stocks going forward, they said.
Real estate sector better off now than in 2009
Oct 04, 2013
MUMBAI: The market has beaten down shares of real estate companies over the past three months, as news of over-supply, weak demand and regulatory action kept coming. Analysts claim they are bored with all this talk of gloom and doom because the situation on the ground is not as bad as it was in 2009.
NBCC to build 10,000 housing units by 2018
Sep 11, 2013
DELHI: State-run construction giant NBCCBSE 0.21 % today said it plans to aggressively tap the real estate market and has set a target to build 10,000 housing units by 2018, entailing an investment of about Rs 6,000 crore.
Nitesh Estates launches Rs 300 cr project in Bangalore
Aug 30, 2013
DELHI: Realty firm Nitesh EstatesBSE 3.28 % today launched a housing project, Nitesh British Columbia, in Bangalore with an investment of Rs 300 crore.
Puravankara set to launch Rs 350 crore property in Bangalore
Aug 21, 2013
BANGALORE: Realty major Puravankara ProjectsBSE 1.89 % today said it is set to launch Rs 350 crore property 'Purva Skydale' near Sarjapur main road, a hub for Bangalore's IT industry.
Super-luxury project from Puravankara
Aug 12, 2013
BANGALORE: Purva Coronation Square, an extravagant and exclusive property designed with superlative interiors and bespoke embellishments, private pools, private gardens, private elevators and private entertainment zones is soon to come up in Bangalore’s JP Nagar.

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