Latest Realty News

Small businesses too need quality office space
Jan 25, 2014
MUMBAI: The country is abuzz with several entrepreneurial ventures. Every entrepreneur looking to start a new venture, or expand a fast-growing one, is on the lookout for office space, preferably in a business centre with coffee shops and restaurants.
Government allows Limitless to exit JV with DLF
Dec 11, 2013
DELHI: The government has allowed Dubai-based Limitless to exit its joint venture with realty major DLFBSE -1.96 % and repatriate capital of about Rs 200 crore as the partners were not able to acquire land to develop a project in Karnataka.
DLF Q2 net profit drops by 28% to Rs 100 cr
Nov 05, 2013
DELHI: India's largest realty firm DLF Ltd reported 28 per cent fall in its consolidated net profit at Rs 100.05 crore during second quarter of the current fiscal due to lower sales and higher interest and tax outgo.
DLF profit falls 27%, hit by slowing home sales
Oct 31, 2013
MUMBAI: DLF LtdBSE -0.07 %, country's top real estate developer, posted a 27 per cent fall in its consolidated net profit for the July-September quarter, hit by slowing home sales in Asia's third-largest economy.
Property firms gear up for first asset-backed property bonds
Oct 26, 2013
MUMBAI: Property firms, including DLF Ltd, are gearing up to sell the country's first bonds backed by rental income from their office buildings and shopping malls.
Realty shares in demand
Oct 11, 2013
MUMBAI: Shares of real estate companies are in demand and trading higher by up to 10% after the market regulator Securities and Exchange Board of India (Sebi) issued draft regulations for setting up real estate investment trusts (REIT) in the country.
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 stocks gain on improving liquidity
Oct 11, 2013
MUMBAI: Real estate stocks have been gaining ground ever since the RBI announced measures to ease short-term liquidity. BSE Realty index outperformed the past month, gaining over 3.05% as compared to 1.2% gains on the BSE Sensex. Real estate stocks such as Unitech, DLF, Oberoi Realty gained anywhere between 1-8% the past month.
Hotel deals: It's a buyer's market
Oct 08, 2013
DELHI: Even as about 30 branded hotels and 40 non-branded properties and land parcels are on the block in the hospitality industry, experts say for big-ticket transactions, it might turn out to be another wait-and-watch year, unless the economy improves and the asking prices of most of these assets fall.
Realty shares in focus on hopes of good Q2 sales
Oct 08, 2013
MUMBAI: Shares of real estate companies are in focus, surging up to 10% after Sobha Developers have recorded good set of sales numbers for the month of September.
Selling a 17-acre project in South Mumbai, Lodha style
Oct 08, 2013
MUMBAI: From outside, the metal and glass facade of Lodha’s new residential project, The Park in Pandurang Budhkar Marg in Mumbai’s office hub Worli, looks like a corporate headquarter. The 10,000-sq-ft sales office inside, with quotes by renowned poets on glass walls, is equally striking.
As real estate developers struggle to deliver, home buyers step up protests
Oct 03, 2013
NEW DELHI/CHENNAI: Annoyed with the delays in handing over properties and deficiencies in services, home buyers are protesting against real estate developers either through marches or through the social media.
Top builders sitting on Rs 58,000-cr inventory
Sep 23, 2013
MUMBAI:India’s top builders seem to be sitting on a huge unsold real estate inventory, worth nearly Rs 58,000 crore, which could take more than two years to sell, a Business Standard analysis of 19 listed realty firms on the BSE-500 index shows.
How realtors lost the plot
Sep 19, 2013
MUMBAI: Their sales have slowed down and they have a mountain of debt to repay. And that is forcing real estate developers to sell non-core assets and look for other ways to raise money.
Spectre of bubble-burst looms over housing sector
Sep 17, 2013
MUMBAI: The year was 2007. The real estate market, like the Indian economy, was on a roll. And Manish Khanna was busy house-hunting in Mumbai. His weekends were spent looking for an affordable deal in a good locality.
86 realtors inclusing Emaar MGF, DLF show interest for Haryana affordable housing project
Sep 13, 2013
CHANDIGARH: As many as 86 real estate companies, including DLF, Emaar MGF, Raheja Developers have shown interest in developing Haryana government's most ambitious affordable housing project in the state.
Land Acquisition Bill may push up property prices by 30%
Sep 01, 2013
DELHI: Real estate developers say the passage of the Land Acquisition Bill could push up property prices by as much as 30% in projects where land is yet to be acquired.
Lodha to spend over Rs 5,000 crore to develop property in Worli
Aug 20, 2013
MUMBAI: Realty firm Lodha has planned an investment of over Rs 5,000 crore for developing residential and commercial real estate on the 17 acre land in the plush area of Worli in south Mumbai, which it bought from DLFBSE 2.46 % last year.
DLF says debt may fall below Rs 15,500 crore by fiscal-end
Aug 15, 2013
DELHI: DLF, the largest real estate developer in India, said it will cut debt by about a quarter to Rs 15,500 crore over the next nine months, mainly on the back of receipts from the sale of its luxury hotel chain Aman Resorts and some land divestitures.
DLF says debt may fall below Rs 15,500 crore by fiscal-end
Aug 14, 2013
DELHI: DLF, the largest real estate developer in India, said it will cut debt by about a quarter to Rs 15,500 crore over the next nine months, mainly on the back of receipts from the sale of its luxury hotel chain Aman Resorts and some land divestitures.
DLF in talks with PEs and international hotel operators for Aman Resorts sale
Jul 29, 2013
NEW DELHI: India's largest real estate firm DLFBSE -1.25 % has ended its "exclusivity contract" to sell luxury hotel chain Aman Resorts to the original owner and founder Adrian Zecha and has begun talks with a clutch of private equity funds and international hotel operators, which includes Blackstone and Carlyle.
DLF exits from insurance biz; sells 74% stake in DLF Pramerica
Jul 26, 2013
DELHI: Realty major DLF today exited the life insurance business by selling 74 per cent stake in its joint venture DLFPramerica Life Insurance to Dewan Housing Finance for an undisclosed amount.
DLF-Aman Resorts deal delayed due to funding issue
Jul 04, 2013
MUMBAI: DLF's cup of woes continues to overflow. The real estate giant is desperate to cut debt from its balance sheet, but the state of the market is so weak that previous agreements are coming apart.
3BHK a hit among buyers and developers in Gurgaon
Jun 09, 2013
DELHI: Guragon has always been an abode to large and spacious residences that offer amenities that are at par with the best in the world. Home buyers in Gurgaon display a keen preference for larger homes which is depicted by the huge demand for 3BHK units vis-à-vis 1 and 2BHK homes.
DLF to invest about Rs 3,000 crore to build new projects in FY'14
Jun 02, 2013
Realty major DLF LtdBSE -5.41 % will invest about Rs 3,000 crore this fiscal on construction of various projects and is targeting sales booking of more than Rs 6,000 crore.

Latest Realty News Of State

Realty Talk's