Share of structured debt went up from 14% in FY20 to 21% in FY21
Oberoi said the company is open to redevelopment of large residential societies and doing joint development, he said .
The Covid wave, rising raw material costs can impact near-term sales
SWAMIH Fund to benefit 116,000 home buyers, help banks and NBFCs grow
New Delhi's rank declined to 32nd among global cities in terms of prime residential properties
Margin trajectory and valuations to limit upsides
Nearly 40 per cent of all complaints were resolved in Uttar Pradesh alone
Company plans to scale up business after second quarter
Sales bookings grew by 14 per cent
IT and IT-enabled services, BFSI, healthcare, legal and consulting firms dominated leasing during the quarter.
Road transport & highways ministry charges a 10x toll rate for major bridges, structures
According to data by Anarock Research, Khan Market, the iconic retail hub in New Delhi, saw average monthly rentals reduce by as much as 8 per cent to 17 per cent
Of its 17 residential projects, 13 exceeded their sales targets in FY21
States like Uttar Pradesh and Maharashtra, where the severity of Covid-19 infections is high, are reporting a higher loss of on-site labourers
Investment in property technology, including digital backbone, should increase efficiency through real-time monitoring of real estate projects
Sunteck Realty Ltd on Wednesday reported 16 per cent decline in its sales bookings during the last fiscal year
The second wave may affect Q1, but there is a strong expectation that FY22 demand will perhaps equal or surpass FY20 levels
Mahindra Lifespace Developers has agreed to buy 3.2 acre land in Pune from parent company Mahindra & Mahindra as part of its expansion plan. The company said it has "finalised the terms to purchase approximately 3.2 acres of land in Pimpri, Pune, from Mahindra & Mahindra Ltd". The purchase is expected to be concluded in around six months, subject to the fulfillment of agreed conditions by both buyer and seller. This new project will offer about 3.25 lakh sq ft of carpet area. When it is launched, this will be Mahindra Lifespaces' fourth project in Pune. Arvind Subramanian, managing director & CEO of Mahindra Lifespace Developers Ltd, said, "The proposed acquisition will help us grow our presence in this high-performing micro-market and is in line with our residential expansion strategy." Established in 1994, Mahindra Lifespace Developers Ltd is the real estate and infrastructure development business of the USD 19.4-billion Mahindra Group. The company's development ...
The poor listing comes amid weakness in the secondary market because of the rise in Covid-19 infections and lockdown measures imposed in key states