Latest Realty News

HDIL-Sells-Development-Rights-on-Kurla-Land-Parcel-for-Rs-649-Crore
Dec 22, 2015
Mumbai: Realty player Housing Development and Infrastructure Ltd (HDIL) has sold development rights on its land parcel at Kurla to DK Realty (India) for Rs 649.51 crore.
HDIL-to-launch-'Planet-HDIL'-affordable-housing-project
Oct 27, 2015
Mumbai: Housing Development and Infrastructure Ltd (HDIL), a leading Mumbai-based real estate developer is all set to launch two mega projects in Virar (East) and Ghatkopar (East). The company will launch the first phase of its affordable housing project 'Planet HDIL' – mega smart city in Virar (East), this Diwali and another two luxurious projects in Ghatkopar (East), by end of 2015.
HDIL-in-talks-to-sell-200-acre-land-in-Baroda,-Hyderabad
May 18, 2015
NEW DELHI: Realty firm HDIL is in talks to sell about 200 acres of land parcels in Baroda and Hyderabad
Probe stayed against Housing Development Infrastructure Ltd, govt officials in alleged Slum Rehabili...
Dec 30, 2014
Mumbai: Major relief to real estate major Housing Development Infrastructure Ltd (HDIL )
Consumer activism: Buoyed by social media and pro-consumer courts, homebuyers take on errant builder...
Oct 22, 2014
MUMBAI | NEW DELHI | KOLKATA: The real estate industry is no more a 'seller's market' and is in fact a 'buyer's market'
Real estate shares on a roll; Realty index surges 6%
Jun 14, 2014
MUMBAI: Shares of real estate companies are on a roll with most of the frontline stocks trading higher by up to 17% on the bourses after President Pranab Mukherjee in his joint address to the Parliament today said that the government proposes proper housing to all citizens by 2022.
Candidates win companies’ trust vote in poll season
May 09, 2014
DELHI: Who says India's politicians can't be trusted? Some companies believe otherwise and have backed up this faith by staking their money in the form of unsecured loans to various politicians. Some have meanwhile given advances against collateral such as land. The loans and advances from private companies — ranging from 50 lakh to as much as 16 crore — have been declared in affidavits filed by Lok Sabha election candidates. Those giving the loans are from various sectors but there seem to be q
HDIL hits 52-week high on Credit Suisse stake buy
Apr 11, 2014
MUMBAI: Housing Development and Infrastructure (HDIL) is trading higher by 2% at Rs 77.20 in an otherwise weak market after Credit Suisse (Singapore) bought over 2 million shares of the Mumbai-based real estate developer for Rs 16 crore through an open market transaction.
Nifty hits over one-week low
Apr 05, 2014
MUMBAI: Key benchmark indices edged lower as investors turned cautious ahead of beginning of the 9-phase Lok Sabha elections on Monday, 7 April 2014. The barometer index, the S&P BSE Sensex hit lowest closing level in one week. The 50-unit CNX Nifty hit over one-week low. The Sensex was down 149.57 points or 0.66%, off close to 165 points from the day's high and about 20 points from the day's low. The market breadth, indicating the overall health of the market, was positive.
HDIL Q2 net down 70% at Rs 42.7 cr, income up 66%
Nov 15, 2013
DELHI: Realty firm HDIL today reported a 70 per cent fall in consolidated net profit at Rs 42.70 crore for the second quarter ended September 30, 2013-14 despite higher sales as expenses rose sharply.
Uncertainty over Navi Mumbai airport impacts Ulwe’s real estate
Oct 30, 2013
MUMBAI: The state of uncertainty over the proposed Navi Mumbai International Airport has put the real estate market at Ulwe node, in shambles. It is mainly on the back of this project, home buyers have been showing interest in the area but now that there have been talks to scrap the project, there is a reason for property buyers to get jittery.
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.
With new SEZ norms in place, HDIL decides not to sell 70-acre land in Kochi
Aug 18, 2013
MUMBAI: Following relaxation in SEZ norms, debt-laden property developer HDIL has decided to scrap its plan to sell the 70-acre land parcel at Kochi Special Economic Zone and is now looking to construct IT infrastructure there.
HDIL puts Kochi land on block to mobilise funds
Jun 07, 2013
MUMBAI: Debt-laden property developer HDIL has put its 70-acre land parcel in Kochi on the block for mobilising funds.
HDIL slips on posting Q4 losses
Jun 03, 2013
Housing Development and Infrastructure (HDIL) has slipped 9% to Rs 46.90 after reporting a consolidated net loss of Rs 280 crore for the quarter ended March 31, 2013 (Q4) due to exceptional loss of Rs 442 crore pertaining to Mumbai International Airport Slum Rehabilitation project. The Mumbai-based real estate developer had a net profit of Rs 316 crore in the same period a year ago. The company’s income from operations declined sharply 77% to Rs 140 crore from Rs 622 crore during the recen

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