April 2024

(Bloomberg Opinion) -- This is getting personal. Michael Gove, the UK's housing minister, seems determined to make life miserable for those who own more than one dwelling, particularly landlords who rent out for short-term or holiday lets. Local council taxes are set to be doubled on these second properties in England, coming after a series of tax breaks have already been removed and purchase...

Bengaluru-based Puravankara Ltd, that crossed the ₹5,900 crore benchmark in terms of sales for the first time in almost five decades, plans to focus on redevelopment projects across Mumbai and Pune this fiscal. Mumbai and Pune will be the new focus areas for us, especially redevelopment projects, said Abhishek Kapoor, Group CEO, Puravankara Ltd. “Mumbai and Pune will be the new focus...

Live: Indian equity market poised for a firm start | Paytm & IndusInd Bank in focus | Opening Bell Trends in the GIFT Nifty indicate a firm start for indices in India however, Indian benchmarks failed to hold on to their record levels and ended with marginal losses amid volatile trade. Globally, indices...

Haryana’s real estate regulatory authority, Gurugram, has denied Godrej Developers & Properties application for extension of registration citing non-compliance of RERA norms. Haryana’s real estate regulatory authority, Gurugram, has denied Godrej Developers & Properties application for extension of registration citing non-compliance of RERA norms. (Hindustan Times) The Authority...

Finolex Industries has sold its leasehold rights of 25 acres for ₹470 crore to Terra Vista Developer in Pimpri, Waghere, Pune, documents accessed by CRE Matrix showed. Finolex Industries has sold its leasehold rights of 25 acres for more than ₹470 crore to Terra Vista Developer in Pimpri, Waghere, Pune, property documents showed. (REPRESENTATIVE PHOTO) This concerns all the pieces and...

Migsun Group will be developing a mixed-use real estate project in Lucknow for which it will invest ₹426 crore, the company said in a statement. Migsun Group will be developing a mixed-use project in Lucknow for which it will invest ₹426 crore, the company said The project is expected to have retail spaces and studio apartments. The project has also received RERA approval. Unlock...

Karnataka Industries Minister M B Patil on April 9 directed officials to assist Lenskart CEO Peyush Bansal, who said the company was looking for 25 acres of land near Kempegowda International Airport in Bengaluru. Karnataka Industries Minister M B Patil on April 9 directed officials to assist Lenskart CEO Peyush Bansal, who said the company was looking for 25 acres of land near Kempegowda...

Real estate developers in Maharashtra are hoping that Gudi Padwa, being celebrated on April 9, will help fuel housing sales. Many of them are offering discounts and lucrative incentives such as gold coins, flexible payment plans and even exemptions on Goods and Services tax and stamp duty in an attempt to attract more buyers. Maharashtrians across the country enthusiastically observe the...

By Market Capitalisation. Net Sales. Net Profit. Total Assets. Excise. Other Income. Raw Materials. Power & Fuel. Employee Cost. PBDIT. Interest. Tax. EPS. Investments. Sundry...

Mumbai-based real estate firm Godrej Properties on April 9 reported a 84% year-on-year increase in sales bookings to a record ₹22,500 crore on the back of increased housing demand, the company said in a regulatory filing. Mumbai-based real estate firm Godrej Properties has reported a 84% year-on-year increase in sales bookings to a record ₹22,500 crore on the back of increased housing...