October 25, 2008 – 2:48 am
Real estate sector was the biggest loser in today’s stock market plunge, led by country’s second largest firm Unitech that witnessed a sharp fall of over 51%.
The realty index witnessed a 24.4% decline, which is more than double the benchmark index Sensex fall of nearly 11%. The index has fallen by 31 per cent in [...]
By Rajani
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Posted in Real Estate News
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Also tagged Benchmark Index, Biggest Loser, Dlf, Greater Noida Development, Greater Noida Development Authority, HDIL, Lifespace, Mahindra, Market Capitalization, Noida Development Authority, Omaxe, Parsvnath, Phoenix Mills, Real Estate Sector, Realty Stocks, Scrips, Sobha Developers, Stock Market Plunge
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India’s largest real estate company, DLF Ltd, said on 02nd july that its board of directors would meet on July 10, to consider and approve a buy-back of equity shares. The buy-back proposal comes at a time when the company has seen a sharp erosion in its share price over the past few weeks.
The announcement [...]
By manish
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Posted in Real Estate News
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Also tagged Accruals, Billionaire, Bourses, BSE, Buyback, Capital Values, Dlf, Inflation Numbers, Intrinsic Value, Real Estate Sector, Stock Value
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Indiabulls Power Services (IPSL), a subsidiary of Indiabulls Real Estate, has entered into a memorandum of understanding (MoU) with the Jharkhand government for setting up of 1,320 mega watt (MW) power project, a statement sent to the Bombay Stock Exchange said.
In terms of the MoU, government of Jharkhand shall facilitate and extend all assistance to [...]
Real Estate major DLF announced a consolidated net profit of Rs 7,812.03 crore for the financial year ended March 31, a four-fold growth over the year-ago period.
The company had a net profit of Rs 1,933.65 crore in 2006-07 fiscal, DLF said in a filing to the Bombay Stock Exchange.
The total income rose to Rs 14,683.91 [...]
Realty major Parsvnath Developers said it has launched its first integrated commercial mall project at a cost of Rs 120 crore in Jamnagar, Gujarat.
Parsvnath Developers launched its first integrated group housing and commercial mall project in Jamnagar, which is being developed on total land area of 13,200 square meter with an expected realization value of [...]
MUMBAI:Monday the stock exchange goes down by 950 points made the real estate industry jittery and on edge.Its really a bad news for the property investors to know the way market is reacting these days and really they would be facing some more problems till it become stable atleast.
Pujit Aggrawal Developer from Orbit explains that [...]
By manish
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Posted in Real Estate Investment, Real Estate News
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Also tagged Aggarwal, Bloodbath, Chanakya, Commercial Office Space, Commercial Space, Financial Institutions, Grinding Halt, Jones Lang Laselle, Land Valuations, Meghraj, Noida, Precipitous Fall, Real Estate Values, Sensex, South Mumbai, Stock Market Crash, Stock Market Decline, Upto 30, Weak Market
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January 28, 2008 – 5:58 am
DLF Ltd. has dominated the never before building boom in India. DLF has a corporate slogan “Building India”. The company is taking on a tough challenge in meeting its growth goals while counting, in part, on a relatively unknown and unpredictable market — residential developments for India’s growing number of middle-income families.
Indian real-estate sector is [...]
By Rajani
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Posted in Real Estate News
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Also tagged Construction Group, Corporate Slogan, Dlf, DLF limited, Fire Brigades, Growth Goals, indian real-estate, Market Capitalization, Middle Income Families, National Stock Exchange, O Rourke, Office Complexes, Private Fire, Rajiv Singh, Raw Material Costs, Real Estate Sector, REIT, Residential Developments, Singapore, stock market, Stock Market Values, Swimming Pools, Tight Market, Unpredictable Market
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