Stock market update: Realty shares down; Prestige Estates slips 3%
The Nifty Realty index was trading 0.11 per cent down at 283.10.
Developing nations raise the issue of 'lost decade'
“In Madrid, we just had the biggest environmental march in our history,” said Mario Rodrí...
Nifty support seen at 11800-11880 levels
The index is at an all-high level and the economy is at its lowest in several quarters.
Co-living bucks realty slump as firms, investors troop in
India’s residential real estate market is facing its most prolonged slump in recent memory, but one segment, co-living, is having a moment, drawing considerable attention from investors.
Govt to launch PMKVY-III in next financial year: Skill development minister
Govt launched the PMKVY scheme in 2015 and revamped it in 2016 to impart skills to one crore persons by 2020.
Stock market update: Realty shares down; Prestige Estates dips 2%
The Nifty Realty index was trading 0.33 per cent down at 284.9 .
UP RERA asks developers to apply for stress fund
Central government has proposed Rs 25,000 crore stress fund out of which Government of India shall infuse up to Rs 10,000 crore and the rest shall be contributed by Banks, LIC and other sources.
JSW Infra lends support to Suraksha Realty in turnaround of Jaypee Infratech
JSW Infra said it has issued a letter of support to Suraksha Realty to give financial, strategic and technical assistance in the delivery of pending flats to Jaypee homebuyers within the timeframe. Suraksha Realty and state-run NBCC on Tuesday submitted their final bids to acquire bankrupt realtor Jaypee Infratech through the insolvency process.
16% of realty debt exposure in severe stress, data show
Additional 22 per cent, around $21 billion, is under some pressure but has potential to get resolved with due steps.
Stock market update: Realty stocks rise ahead of RBI's policy outcome
The Nifty Realty index was trading 0.47 per cent up at 286.70.
Delhi, NCR commercial developers hit hard
Companies facing up to Rs 1-crore loss a day due to SC’s construction ban in the wake of rise in air pollution. The worst affected are malls, which are losing not only rentals but also business for retailers during the seasonal sale
SBICAP Ventures achieves first closure of govt’s last-mile fund for stuck projects
Special Window for Affordable and Mid-Income Housing Fund (SWAMIH) Investment Fund.
Stock market update: Realty shares mixed; Prestige Estates slips 3%
The Nifty Realty index was trading 0.12 per cent down at 284.45 .
Top developers focus on delivery to pare debt
Listed real estate players, cautious about debt level and new launches, are focusing on execution and deliveries of residential apartments, helping push down debt but also garnering more market share.
Jaypee Infratech auction: Homebuyers' voting on hold
Over 22,000 Jaypee Infratech homebuyers had opted for internal voting that started on Wednesday, but it was put on hold after some buyers raised objection on the legality of it. The buyers have also approached the Insolvency and Bankruptcy Board of India regarding the internal voting issue.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service