PNB Housing Finance Q1 net jumps 93% on robust interest income
PNB Housing Finance on Thursday reported a 93 per cent jump in net profit to Rs 184.80 crore for the first quarter of the current fiscal, mainly driven by robust… Read more »
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CREDAI, Real Estate Developers on RBI’s rate cut
NEW DELHI (INDIA): After a 10-month pause, the Reserve Bank of India (RBI) on Wednesday cut benchmark lending rate by 0.25 per cent to over 6-year low citing reduction in… Read more »
Central Park invests Rs 2,000 crore to foray into commercial segment in NCR
NEW DELHI (INDIA): After establishing its credentials in NCR residential real estate segment, Central Park is venturing into commercial real estate with an investment of about Rs 2,000 crore. Central… Read more »
Court dismisses bail pleas of 3 directors of Earth Infrastructure
NEW DELHI (INDIA): Three directors of real estate group Earth Infrastructure Ltd, accused in three cases of duping over 8,500 buyers by not giving possession of their properties, have been… Read more »
India approves 1,27,674 more houses with an investment of Rs.6,532 crore
NEW DELHI (INDIA): India’s Ministry of Housing and Urban Poverty Alleviation (HUPA)has approved construction of 70,784 affordable houses for the benefit of urban poor in Uttar Pradesh under the Pradhan… Read more »
Sebi disposes of fraud trade charges against 9 in Unitech case
NEW DELHI (INDIA): Markets regulator Sebi has disposed of a case against nine entities for allegedly involving in fraudulent trading in the shares of Unitech Limited. The markets watchdog conducted… Read more »
DLF’s annual rental income to rise 12% at Rs 2,900 crore in FY18
NEW DELHI (INDIA): Realty major DLF’s total rental income will rise by 12 per cent to about Rs 2,900 crore this fiscal on better realisation from existing commercial assets and… Read more »
Unitech Q4 loss narrows to Rs 291 crore
NEW DELHI (INDIA): Realty firm Unitech Ltd reported a consolidated net loss of Rs291.25 crore for the fourth quarter ended 31 March 2017. The company had posted a net loss… Read more »
Narendra Modi launches development projects in Jharkhand
NEW DELHI (INDIA): The Prime Minister of India Narendra Modi has launched development projects at Sahebganj in Jharkhand. He laid the Foundation Stone of a 4-lane bridge over the River… Read more »
Budget 2017 -18: Shriram Properties reactions on Jaitley’s speech in Lok Sabha
NEW DELHI (INDIA):Shriram Properties Managing Director M. Murali said that this a well balanced, mixed and a progressive Budget coming in the wake of series of reforms which aimed at… Read more »