Search Results: commercial real estate (1642)

Beyond Headlines Financial Results, Puravankara Limited, Ashish Puravankara, Bengaluru Property Market, India's Best Realty Brands, Quarterly Results, Financial Results

Puravankara to pay total interim dividend payout of INR 149 crores to shareholders

Puravankara Limited, 5th Best Indian real estate brand (as per Track2Realty BrandXReport 2022-23), has announced an interim dividend payout of INR 6.30 per share for the financial year 2023-24 on 23,71,49,686 equity shares of face value of INR 5 each with a total dividend payout of INR 149.40 crores. The dividend will be paid to those shareholders whose names stand on the Register of Members of the Company as of February 1, 2024.

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Ayodhya emerges as a property hotspot

The holy river Saryu flows quietly; unmindful of the fact that on its bank, Ayodhya is fast emerging as the epicenter of economic growth and global tourism hub. The property landscape of the sleepy city till recently has made a giant stride in the last three years. Envisaged as a spiritual center and tourism hub, Ayodhya is also attracting big ticket economic corridors. A Track2Realty report.

Consumer Connect Unfair Contract, RERA, Consumer Protection Act, Builder Buyer Agreement, Society Maintenance Agreement, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market

Legal safeguards for home buyers against Unfair Contract

Isn’t it ironic that in a country where the number of unsold housing units is skyrocketing, the business of real estate continues to be a seller’s market? Contrary to the developers’ influence peddling that the housing market is by and large a buyer’s market now, the fact lies that the developers continue to take the buyers for a ride. The developers’ exploitative practices are not limited to the delay of the project, but also default in delivering the promised amenities, and, most glaringly, with one-sided unfair contract. Track2Realty explains the options before the home buyers. 

Consumer Connect Festive Survey, Festive Home Buying, Festive Property Sale, Festive Property Offers, India Real Estate News, Indian Realty News, Indian Property Market, Track2Realty Survey, Fence Sitting Buyers, Festive Offers

Fence sitting buyers need hand holding this festive season

The quest for property has not subsided among the Indians; nor do they have any doubts over the appreciation potential of real asset. They still consider property the tangible asset class that is less prone to market volatility, compared to stock market and other avenues of investment. However, they need a bit of cushioning this festive season to take a plunge into the property market.

Headlines Festivals, Festival Buying, Property Festival Sales, Festival Property Buying, Property Sales Offers, Indian Real Estate News, Indian Realty News, Indian Property Market

Optimism on the surface this festive season eve

Indian real estate has historically been very optimistic on the eve of every festive season. The post festive season sales number may not back the pre-festive bullishness, but the sector has been known to be hoping to make merry year after year. After all, real estate is a sentiment driven business and the stakeholders try best to create an ambience of positivity to bring the fence sitting buyers back to the market, often with festive discounts and freebies.

Consumer Connect Unsold Housing, Housing Demand & Supply, Housing Inventory, Indian Housing Market, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market

Unsold inventory symptoms & not the cause of housing market malaise

Isn’t it ironic that in a country where housing shortage is at the core of policy debates, housing surplus in top Indian cities is juxtaposed to that. As a matter of fact, the reality of unsold housing units poses an even greater degree of imbalance than the housing shortage. But then unsold inventory is a symptom and not the cause of malaise in the housing market of the country. A Track2Realty report.  

Beyond Headlines Ashish R Puravankara, Puravankara Ltd, Puravankara Projects, Bangalore real estate market, Provident Housing, India real estate news, Indian realty news, Indian property market news, Real estate news India, Track2Realty

Puravankara’s strong performance in H1FY24 records INR 2,725 crores in sale value, up by 109%

The Indian economy grew at 7.8 per cent in the first quarter of the current fiscal year, according to the data shared by National Statistical Office. The Reserve Bank of India (RBI) retained its GDP growth forecast of 6.5 per cent for FY 2023-24. The real estate sector is expected to expand to $5.8 trillion by 2047, contributing 15.5 per cent to the GDP from an existing share of 7.3 per cent, a joint report by Knight Frank and National Real Estate Development Council (NAREDCO) indicates.

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