REAL ESTATE SECTOR
Puranik Builders files fresh IPO papers with Sebi; plans to raise Rs 1,000 crore
According to market sources, size of the initial public offer (IPO) is around Rs 1,000 crore.
Stock market update: Realty shares down; Indiabulls Real Estate dips 3%
The Nifty Realty index was trading 0.16 per cent down at 273.5 .
Flexible space take-up in India touched 2 million sq ft in Q3: Report
Bangalore dominated the flexible space stock with 7.8 million sq. ft., ...
Search for good picks in real estate and chemical sectors: Anshul Saigal, Kotak PMS
Looking at results on a quarterly basis and in absolute terms not the right way to assess opportunities.
Global interest from real estate investors gathering momentum: Alistair Elliott, Knight Frank
Residential realty to come back in due course with improving economy, says Alistair Elliott.
Stock market update: Realty shares advance; Prestige Estates gains 3%
The Nifty Realty index was trading 0.18 per cent up at 278.4 around 10:18 am.
Housing sales of 9 listed players up 2% at Rs 5,520 crore in July-Sep: Report
"While housing sales in overall residential market recorded a decline in Q2 FY20, the housing sales value of India's top 9 listed developers remained steady during the quarter," said Anuj Puri, Chairman, Anarock.
New Delhi 9th fastest growing global prime residential market; Bengaluru, Mumbai in top 30: Report
While New Delhi and Mumbai have moved up by one and two places, respectively, from 10th and 30th ranks in the previous quarter, Bengaluru has slipped five places to 20th rank in September quarter.
Listed realty builders saw a mere 2% jump in housing sales value in Q2FY20
“We are clearly seeing the emergence of strong, organized players whose strengths are amplified, rather than diminished, by the newly regulated market environment. Even the most conservative industry estimates indicate a staggering number of developers in the top cities who have been either wiped off the map, or have merged with organized developers after DeMo and RERA,”
Realty attracts $14 billion foreign PE investments since 2015: Report
Indian real estate attracted nearly $14 billion of foreign private equity between 2015 and 2019.
Stock market update: Realty shares mixed; Indiabulls Real Estate down 3%
The Nifty Realty index was trading flat at 276.80 around 10:15 am.
View: The sun stops shining for Indian property mogul
“What’s $325 million to these rich backers?” investors must have thought.
Aadhaar-property linking not an easy road: Experts
The Supreme Court in September last year had upheld the Constitutional validity of Aadhaar, making it a legal proof of identity and address for over 1.2 billion holders.
IBC may have to be tweaked: SBI, government plan priority status for real estate AIF
India’s largest lender SBI and its arm SBI Capital Markets, which is playing a key role in setting up the fund, have started reaching out to other banks and financial institutions to participate in the AIF — a regulatory parlance for privately pooled vehicles such as venture capital, private equity, and real estate funds. A bank can invest up to 10% of the corpus of an AIF.
4 real estate companies from three cities requests to avail bailout fund: Nirmala Sitharaman
Earlier this month, the government approved a Rs 25,000 crore fund to help complete over 1,600 stalled housing projects, including ones that have been declared NPAs or admitted for insolvency proceedings in a bid to boost growth by steering consumption in real estate and associated sectors.
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