Shankara Building debuts with 21% premium at Rs. 555
MUMBAI (INDIA):Shankara Building Products made a strong debut on the bourses with its shares listing at Rs. 555.05 on the NSE, a 20.66 per cent premium over the issue price…. Read more »
Daily Archives: April 5, 2017
Australia’s corporate watchdog targets soaring home prices, lending
By: Swati Pandey | Wayne Cole SYDNEY: Australian home prices hit new records while building approvals jumped the most in seven months, latest data out on Monday showed, even as… Read more »
Urban development ministry preparing report card on Smart City mission
NEW DELHI (INDIA): The urban development ministry is preparing a report card on its Smart City Mission as the scheme is set to complete two years of its launch this… Read more »
Lodha group’s sales booking up 60% in January-March quarter at Rs 2400 crore
NEW DELHI (INDIA): Realty major Lodha group sold properties worth about Rs 2,400 crore in the January-March quarter of last fiscal as its sales improved post demonetisation. “Sales have recovered… Read more »
RBI seen holding rates, not pulling another surprise
MUMBAI (INDIA): The Reserve Bank of India (RBI) has pulled surprises at its last three policy meetings, so another can’t be ruled out at Thursday’s review, but analysts uniformly expect… Read more »
New York office rents hit new highs on robust demand: Colliers
By: Herbert Lash NEW YORK: The average rent being asked by landlords for office leases hit a record high in Manhattan in the first quarter as historically low unemployment fueled… Read more »
Note-ban, polls to have crimped cement cos’ bottomline in Q4: India Ratings
MUMBAI (INDIA): Cement production would have shrank in the March quarter primarily due to the base effect coupled with the note-ban-induced cash crunch and the polls in many states during… Read more »
Next set of smart cities to be announced by June end
NEW DELHI (INDIA): The Urban Development Ministry will announce by June-end the next set of 40 cities for central funding under the Narendra Modi government’s flagship scheme–Smart City Mission. Launched… Read more »
Sobha’s property sales down 6% in FY 2016-17 at Rs 2000 crore
NEW DELHI (INDIA): Realty firm Sobha on Tuesday reported 6.21 per cent decline in its sales bookings last fiscal at Rs 2,012.40 crore due to slowdown in property market. The… Read more »
Delhi’s AJS Builders awarded jail term for failing to refund buyer’s money
NEW DELHI (INDIA): The managing director of a real estate firm has been awarded one-and-a half-year imprisonment by a district consumer forum for failing to comply with its four-year-old direction… Read more »