Godrej Properties sold record 340 apartments worth Rs 580 crore in second phase of Noida project
Will invest Rs 5,000 crore in residential development in the next one year, has already raised Rs 400-500 crore from KKR for land acquisition in Chennai and Bengaluru
The Chinese government, meanwhile, kept investors guessing about whether it might intervene.
In a Shenzhen exchange filing, Hengda Real Estate Group Co Ltd said the company would make a coupon payment on its Shenzhen-traded 5.8% September 2025 bond on time on Thursday
Godrej Properties said it sold 340 homes with an area of more than half a million square feet on the first day of launch, making it one of the most successful launches in the country in recent times
The selloff on Monday left few risky assets untouched. Hong Kong's Hang Seng Index tumbled more than 3%, led by real estate companies.
Selling pressure persisted in early trade in Asia ahead of a major test for Evergrande this week, which is due to pay $83.5 million in interest relating to its March 2022 bond on Thursday
Chairman Hui Ka Yuan said Evergrande will deliver property projects as pledged, fulfil responsibilities to property buyers, investors, partners and financial institutions
The Chinese property giant owes $300 billion and is on the hook for 1.6 million apartments. It may owe tens of thousands of its employees money, too
The firm has begun repaying investors in its wealth management products with real estate
Extended and severe economic slowdown seems probable, say economists
India's residential property market is expected to witness a strong consumer demand during the festival season with various banks
Average home prices in India, however, fell on a year-on-year (YoY) and quarter-on-quarter (QoQ) basis during the June quarter
Top listed players eyeing higher market share
India ranks 54th out of 55 countries globally in the housing prices index as rates of residential properties fell marginally by 0.5 per cent year-on-year during the quarter ended June
The Board of Directors of approved the allotment of 6.85 million equity share aggregating to about Rs 85 crore to H-CARE 1 and the promoters of ASL at the price of Rs 124/sh
Raises funds from HDFC Capital Affordable Real Estate Fund-1
The Delhi High Court Thursday refused to stay the trial in a case related to alleged tampering with the evidence of the 1997 Uphaar tragedy case
Favourable macros, market share gains for larger players, pent-up demand are key growth drivers