Oberoi Realty’s sales bookings have declined 53 per cent to Rs 4,007 crore in the last financial year on higher base. The sales bookings of Mumbai-based Oberoi Realty stood at Rs 8,572 crore in the 2022-23 financial year and Rs 3,889 crore in the 2021-22. In a regulatory filing on Saturday, Oberoi Realty informed that […]
Real Estate
Ajmera Realty & Infra FY24 Sales booking Up 21 Pc To Rs 1,017 Cr
Ajmera Realty & Infra India Ltd on Tuesday reported a 21 per cent annual growth in its sales booking to Rs 1,017 crore during the last financial year, helped by strong housing demand. Its sales booking stood at Rs 842 crore in the year-ago period. In a regulatory filing, the Mumbai-based firm said that the […]
On Behalf Of Govt, NBCC Sells 4.8 Lakh Sq Ft Commercial Space In South Delhi for Rs 1,905 Cr
State-owned construction firm NBCC (India) on Wednesday said it has sold 4.8 lakh square feet of commercial space in South Delhi for Rs 1,905 crore on behalf of the government. In the 25th e-auction for commercial space at World Trade Centre (WTC) in Nauroji Nagar here, NBCC achieved the highest sale realization till date with […]
DLF Plans To Raise Rs 600 Crore Through Issue Of Debentures To Investors
Realty firm DLF Ltd is raising Rs 600 crore through issue of non-convertible debentures (NCDs) to investors for refinancing of its existing debts. In a regulatory filing on Wednesday, DLF informed that the company’s wholly owned subsidiary DLF Home Developers Ltd has raised this amount. The Securities Allotment Committee of the Board of Directors of […]
Godrej Properties Buys 3-Acre Land In Hyderabad For Rs 1,300 Crore Housing Project
Realty firm Godrej Properties Ltd on Thursday said it has bought around 3-acre land in Hyderabad to develop a housing project with an estimated revenue potential of Rs 1,300 crore. Last month, Godrej Properties forayed into the Hyderabad property market by purchasing 12.5-acre land for Rs 350 crore to develop a housing project having Rs […]
UP RERA Asks Promoters To Provide QR Code With Project Details To Homebuyers
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) on Wednesday directed promoters in the state to provide project registration certificates embedded with QR code to existing and prospective homebuyers. UP RERA said it has recently redesigned the certificate for registration of projects. The certificate is now digitally signed by the secretary and has also […]
CREDAI’s FAIRPRO 2024 Attracts 302 Bookings Worth Over Rs 260 Cr
The annual property fair organised by realtors body CREDAI has received 302 bookings for various properties worth in total over Rs 260 crore, a top official said on Wednesday. FAIRPRO is the flagship event of the Confederation of Real Estate Developers’ Associations of India (CREDAI) Chennai. As many as 75 developers showcased over 200 projects […]
DB Realty Arm To Lease Out 186 Acres In Mira Rd To MCGM For Rs 248 Cr A Year
D B Realty on Monday said the Municipal Corporation of Greater Mumbai has taken on lease a 186-acre land parcel on the outskirts of the financial capital at a yearly rental of Rs 248 crore. The lease for the plot in Mira Road is for five years which is extendable by another two years, according […]
NBCC Sells 2 Lakh Sq Ft Commercial Space In South Delhi For Rs 828 Cr
State-owned NBCC on Friday said it has sold 2.05 lakh square feet of commercial space in the World Trade Centre at Nauroji Nagar in the national capital for Rs 828 crore on behalf of the government. In a regulatory filing, NBCC informed that the company conducted the 24th auction for the sale of commercial space […]
Shapoorji Pallonji Real Estate Eyes Rs 500 Crore Revenue From 180 Luxury Units In Bengaluru
Shapoorji Pallonji Real Estate on Thursday launched more than 180 luxury homes in Bengaluru with a revenue potential of around Rs 500 crore. In a statement, the company said it has launched ‘Sequoia’, the last tower at its project Parkwest 2.0 in Binnypet, Bengaluru. The project Parkwest 2.0 has a total saleable area of over […]