Page 11 - Real Estate

Omaxe posts Rs 39 cr loss in Sep quarter; revenue up at Rs 191 cr

Realty firm Omaxe on Friday reported a consolidated net loss of Rs 39.05 crore for the second quarter ended September 30. The company had reported a net loss of Rs 76.13 crore in the year-ago period. The total income, however, rose to Rs 191.34 crore in the second quarter of this fiscal from Rs 163.47 crore a year ago, according to a regulatory filing. Delhi-based Omaxe had posted a net loss of Rs 235.18 crore over a turnover of Rs 514.59 crore for the entire 2020-21 financial year.

Q2 bookings, launches to maintain sales momentum for Oberoi Realty

Sharp run in stock prices over the past three months, however, caps near term upside

Cement price will rise as cost of coal is up, says India Cements

The India Cements Ltd on Wednesday said price of cement would increase

Asia's most expensive apartment sold in Hong Kong's Peak area

The apartment on the Peak came with three parking spaces and is measured at 4,544 square feet

DLF to expand retail biz; to add 2.3 mn sq ft of retail space in NCR, Goa

Realty major DLF on Wednesday said the company will develop six new retail properties across major cities comprising 2.3 million square feet area as part of its expansion plan

Evergrande teeters on edge of default as $148 million payment falls due

SHANGHAI/HONG KONG (Reuters) - Cash-strapped China Evergrande Group teetered again on the precipice of default as it faced a final deadline to make an offshore bond coupon payment on Wednesday, amid growing concerns about a liquidity squeeze in the property sector.

Real estate sector lights up with festive cheer as demand spikes

The Indian real estate sector has seen a spike in demand during the festive period, a recent report by Knight Frank, India informed

Realty firm Sobha's Q2 post-tax profit zooms 165%, sales at all-time high

The company posted a revenue of Rs 819 crore in the quarter, up 59 per cent on a year on year basis

PAG bet $1 billion on Indian real estate post NBFC liquidity crisis

Scales up lending at a time when most big lenders shying away from sector

Strides will get bigger on the home run

Backed by economic revival, record low interest rates and stable prices, India's residential real estate market is set to see growing demand

If you are scouting for a property deal in the luxury segment, strike now

If the current uptrend in demand persists, prices could begin to inch up

Godrej Properties' sales bookings jump 18% to Rs 3,072 cr in Apr-Sep

The sales bookings had stood at Rs 2,605 crore in the corresponding period of the last financial year

Chinese banks quicken home loan disbursement but caution prevails

Some Chinese banks have sped up the disbursement of home loans in some cities, a relief to cash-strapped developers anxious to complete sales

Liquidity worries deepen as unit of Chinese developer Kaisa misses payment

The Shenzhen-based developer has the most offshore debt coming due over the next year of any Chinese developer after embattled China Evergrande Group

China property firms' shares, bonds take hit after Yango debt exchange

Evergrande narrowly avoided a catastrophic default for the second time in a week on Friday, making a last-minute payment on an overdue dollar bond coupon

Registration of homes in Mumbai city up 8% to 8,576 units in Oct

As compared to pre-pandemic October 2019, registrations grew by 48 per cent in October 2021

Realty shares rise on positive outlook; Oberoi, Godrej, Sobha gain up to 9%

At 01:05 pm, the S&P BSE Realty index, the top gainer among sectoral indices, was up 4.7 per cent

Realtors see residential housing sales hitting new peak in 2 years

Stamp duty cut, low-interest rates, lower prices are a trigger

DLF to launch projects in medium term with sales of about Rs 40,000 crore

Bullish on demand DLF Ltd has identified a robust pipeline of new projects and will launch 35 million square feet area in medium term with a sales potential of around Rs 40,000 crore

Embassy REIT second quarter operating income up 30% at Rs 624 cr

Embassy REIT gave on lease 7.13 lakh square feet of office space during the second quarter of the current financial year