About 393 infrastructure projects show cost overruns of Rs 4.65 trillion
NEW DELHI: As many as 393 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.65 lakh… Read more »
Tag: COVID – 19
Minor impact of new Covid-19 wave on sales, says Abhishek Lodha
NEW DELHI: Realty firm Macrotech Developers saw a “minor” impact on housing demand in the first two weeks of January this year due to surge in COVID cases and remains… Read more »
Rental income of 23 malls in nine cities may fall 24% in Q4 to Rs 300 crore due to Covid-19
NEW DELHI: Rental income of 23 shopping malls might decline 24 per cent to around Rs 300 crore during the January-March 2021 period as compared with the previous quarter due… Read more »
Indiabulls Real Estate reports Rs 87 crore loss in December quarter
NEW DELHI: Indiabulls Real Estate Ltd (IBREL) has reported a consolidated net loss of Rs 87.21 crore for the quarter ended December. Its net profit stood at Rs 80.58 crore… Read more »
RBI keeps policy rate unchanged for 7th time in a row; repo retained at 4 per cent
NEW DELHI: The Reserve Bank of India (RBI) on Friday decided to keep benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy is… Read more »
Oberoi Realty Q1 consolidated net profit more than doubles to Rs 81 crore
NEW DELHI: Oberoi Realty Ltd on Thursday reported an over two-fold jump in consolidated net profit at Rs 80.81 crore for the quarter ended June 2021. “The consolidated Profit After… Read more »
India’s second Covid-19 wave to impact infrastructure sectors, says Moody’s
NEW DELHI: India’s second coronavirus wave will affect its infrastructure sectors to varying degrees with power companies and ports better able to weather the impact of pandemic-induced disruptions compared with… Read more »
50 families given possession in ‘Centrio’ during Covid-19 pandemic
NEW DELHI: During the current pandemic, 50 families have been given possession in ‘Centrio’ by MJ Shah Group and another 75 families plan to shift in by Diwali. Centrio is… Read more »
LIC Housing Finance net profit down by 5% to Rs 398.92 crore in fourth quarter
NEW DELHI: Mortgage financier LIC Housing Finance (LIC HFL) on Tuesday reported a 5 per cent decline in its profit after tax at Rs 398.92 crore in the quarter ended… Read more »
DLF targets 30 per cent growth in sales bookings to Rs 4,000 crore during FY22; to launch 8 mn sq ft area
NEW DELHI: Realty major DLF aims a 30 per cent jump in its sales bookings to Rs 4,000 crore this fiscal, as the company expects a rise in housing demand… Read more »