Realty banking on debt restructure
It is not just the rising interest and input costs and project delays that is hurting the realty companies, rather the mounting debt is the real cause of worry.
Search Results: Mumbai realty (2190)
Oberoi Realty Profit Rises 17% to Rs. 1.11 Billion
Oberoi Realty said second-quarter profit rose 17 percent as sales growth beat analysts’ estimates.
Realty sector exudes guarded optimism over SC rule on realty sales via power of attorney
The real estate sector has expressed guarded optimism on Supreme Court ruling that terms as “illegal” any sale of immoveable property through power of attorney (POA) unless the case is “genuine”.
Malaysian PKNS to build 1,000 affordable houses in Mumbai
The Malaysia’s Selangor State Development Corporation (PKNS) has forayed into India’s real estate sector and is close to concluding a deal with a leading developer to build affordable houses in Mumbai.
Mumbai office oversupply expected to correct prices
An oversupply of commercial office space in Mumbai and other metros could lead to a huge price correction in the country’s realty market.
Patel Realty Expects to Double Profit on India’s Home Demand
Patel Realty expects profit to double this year on rising demand for homes in the world’s second-fastest growing major economy.
Fire Capital promoter forms realty firm, to invest Rs 6,000 cr
Private equity fund Fire Capital’s promoter has tied up with a clutch of US-based realty firms to form a new company that plans to invest Rs.6,000 crore in the next four years on developing 32,000 homes across the country.
Lodha Group announces Rs 10,000-cr project in Mumbai
Lodha Group on Tuesday, September 11, announced over Rs.10,000 crore investment in a new project in the island city.
Global investors still interested in Indian realty
The current global scenario might be one of gloom, with markets in the US and in Europe on the brink of a double dip recession, but interest in Indian real estate is still high among global investors
Mumbai the costliest property market with least property deals
Mumbai continues to be the costliest property market in India but the sales graph show this price rise has started taking its toll on the sales figure.