Mumbai-based real estate developer Godrej Properties Ltd has sold housing inventory worth ₹2,690 crore in its new project, Godrej Reserve, located in Kandivali, Mumbai. The project was launched within 15 months of acquiring the land, the company said in a regulatory filing. Mumbai-based real estate developer Godrej Properties Ltd has sold housing inventory worth ₹2,690 crore in its new...
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by THO RBI MPC | Experts list top 10 rate-sensitive stocks as RBI keeps repo unchanged The market turned volatile around 22,500 on the Nifty 50 as it seems to have priced in the non-event. Going ahead, if index gives a strong close above 22,600, then further march towards 22,700-22,800 area is likely on cards, experts...
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As expected, the Reserve Bank of India on April 5 once again kept the repo rate unchanged at 6.5 per cent. The decision offers a sense of continuity and predictability to the real estate sector. Unchanged lending rates present EMI-dependent homebuyers and those waiting on the sidelines to fulfill their home-ownership aspirations, said real estate experts. RBI MPC: Reserve Bank of India's (RBI)...
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Bengaluru-based Puravankara Limited has recorded sales of ₹5,914 crore in FY24, an increase of 90% compared to ₹3,107 crore in FY23. Customer collections increased by 60 per cent to ₹3,609 crore for the FY, compared to ₹2,258 crore in the previous fiscal, the company said in a regulatory filing on April 5. Bengaluru-based Puravankara Limited has recorded sales of ₹5,914 crore in FY24,...
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The National Green Tribunal (NGT) has issued notices to the Centre, Uttar Pradesh government, and local government bodies over the alleged “large-scale unauthorised constructions” that have come up in the twin cities of Noida and Greater Noida, and sought responses in two months. The NGT was hearing a petition filed by Ghaziabad resident Rajendra Tyagi, who alleged that illegal...
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Listed real estate firm, Prestige Group, has acquired 21 acres of land in Whitefield, Bengaluru, for ₹450 crore and plans to develop a residential project spanning 4 mn sq ft of developable area, comprising around 1800 apartments, the company said in a regulatory filing. Prestige Group has acquired 21 acres of land in Whitefield, Bengaluru, for ₹450 crore. (Picture for representational...
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