TJX earnings beat, Revenue misses in Q2
Investing.com - TJX (NYSE:TJX) reported on Wednesday second quarter {{erl-8227||earnings that beat analysts' forecasts and revenue that fell short of expectations. TJX announced earnings...
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Jindal Poly Films rises on incorporating real estate firm
Jindal Poly Films gained 2.64% to Rs 1,055.15 after the company made investment in equity shares of Universus Commercial Properties on its incorporation.
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Shaky scaffolding: Why is China's real estate sector facing a crisis?
Big property developers in China, like Evergrande, are facing a massive shortfall of money, dragging down the sector along with the home demand and prices
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WeWork former CEO Adam Neumann starts a new billion-dollar start-up. Read details here
After the rise and fall at WeWork, former CEO Adam Neumann makes a comeback with a $1bn start-up. Read details below.
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Indian Finance Minister Issues Warnings Regarding Crypto
The Indian finance minister suggested against using cryptocurrency.The law enforcement organization blocked the assets of two crypto exchanges.At a BJP Economic Cell event on Saturday,...
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Adam Neumann’s new real estate startup is valued at $1 Bn even before launch
Adam Neumann, the controversial WeWork founder, is back after three years, with his new startup Flow, which has drawn storied Silicon Valley investor a16z’s biggest single-round cheque ever....
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WeWork’s controversial founder Adam Neumann’s new real estate startup is a unicorn before launch
Adam Neumann is back after three years, with his new startup Flow, which has drawn storied Silicon Valley investor a16z’s biggest single-round cheque ever. The tech and VC community is not...
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Average housing prices rise 5% in April-June across 8 cities: Report
Revival in housing demand and rise in construction cost have led to a 5% average annual increase in residential property prices across 8 major cities during April-June quarter, according to...
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Real Estate stocks rise
Real Estate stocks were trading with gains, with the S&P BSE Realty Index index increasing 48.37 points or 1.37% at 3579.06 at 09:47 IST.
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Indiabulls Real Estate cuts its net debt by 54% to Rs 464 crore
In the investor presentation IBREL said its net debt stood at Rs 464 crore at the end of June quarter, as against Rs 1,005 crore as on March 31, 2022
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Tata Housing Opportunities NFO: Will it gain from real estate revival?
The scheme will invest in the stocks of developers, banks and construction materials
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Hines forays into Mumbai with nearly 1-million-sq-ft office-led mixed-use project
The company has entered into a development management alliance with a local real estate developer that owns the land parcel. Both the entities will be jointly developing a 30-storey grade A...
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Indiabulls Real Estate net debt down 54%, merger with Embassy Group underway
Indiabulls Real Estate has cut its net debt by 54% to Rs 464 crore during the three months ended June, compared to the March quarter. Besides, the merger with the Embassy Group is in the...
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Arvind SmartSpaces and HDFC Cap join hands for ₹900-crore realty platform
HDFC Capital Affordable Real Estate Fund-3 (HCARE-3) will invest ₹600 crore and Arvind SmartSpaces will infuse ₹300 crore in this joint investment and development platform.
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Real estate crisis in China can inflict bigger economic blow: Report
The real estate slump in China has sucked in both banks and provincial governments, threatening a bigger impact on the world's second-largest economy, according to media report.According to...
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Arvind SmartSpaces, HDFC Capital Advisors to set up Rs 900-cr residential development platform
HDFC Capital Affordable Real Estate Fund - 3 (HCARE-3) will be investing Rs 600 crore, while Arvind SmartSpaces will infuse Rs 300 crore in this joint investment and development...
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Growth Momentum For Affordable Housing To Continue in FY23: CareEdge
The affordable housing finance segment grew 20% y-o-y in FY22 after a muted show in FY21, with rising share of LAP in the overall loan book. Going forward, CareEdge expects affordable...
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Kolte-Patil Developers acquires 2.5-million-sq-ft residential project in Pune
With this transaction, Kolte-Patil Developers has committed an aggregate total investment of over Rs 120 crores to be paid over a period of time. The company is planning to launch the first...
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Board of Brookfield India Real Estate Trust recommends final dividend
Of Rs 5.1 per share
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Emami promoters eye sale of realty, hospital assets
The promoters — Agarwal and Goenka families — own 54.27% in the company. About 32% of the promoter shareholding is currently pledged. Emami’s hospital business, run under Amri Hospital...
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NCR accounted for maximum share of real estate investments in H2 2022: Report
While a major share of the investment was committed towards the commercial sector, several deals were inked in the residential segment as well. Mumbai, the financial hub of the country,...
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Corporate Insolvency: Process underway for 1,999 cases as of June end, says Govt
General slowdown seen in distressed assets market during Covid-19 pandemic period, says Minister Rao Inderjit Singh
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Stalwarts of the Indian Real Estate Sector, Inaugurate NAR-India's 14th Annual Convention, A grand celebration for Real Estate Sector, held in Bangalore
Bangalore (Karnataka) [India], August 6 (ANI/PNN): The Stalwarts of the Real Estate Sector, Inaugurated the 14th Annual Real Estate Convention organised by the National Association of...
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Nisus Finance invests over Rs 60 crore in EON Group's residential project in Mumbai's Prabhadevi
The project EON ONE spread over more than three-quarters of an acre near Siddhivinayak Temple involves redevelopment of an old housing society with rehabilitation of its existing 27...
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Max Estates to scale up its real estate business development portfolio
The company announced that Max Estates’ SPV has been confirmed, by Axis Bank, as the successful bidder for two land parcels auctioned by them for a total consideration of Rs 220...
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Raymond Q1 Results: Net profit at Rs 82 crore
"Q1FY23 has been yet another strong quarter with highest Q1 revenue and profitability in last 10 years," said an earning statement from Raymond. During the quarter, it capitalised on market...
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Builders see short-term impact on housing sales on likely hike in home loan rate
The RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent will make home loans costlier, and thus reducing affordability of prospective homebuyers, they...
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Builders See Short-Term Impact On Housing Sales On Higher Home Loan Rate
The RBI's decision to hike repo rate is likely to have an affect on housing sales, especially in affordable and mid-income categories, according to real estate developers and...
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