D B Realty on Thursday said it has raised Rs 920 crore by selling shares to institutional investors, including Morgan Stanley Asia, to fund its real estate projects and strengthen balance sheet. The company launched its Qualified Institutional Placement (QIP) issue on March 7 and the issue was closed on March 13.

Benchmark equity indices declined on Tuesday, a day after recording sharp gains, with the BSE Sensex falling over 1 per cent due to selling in Reliance Industries, ITC and Bajaj Finance. The 30-share BSE Sensex fell by 801.67 points or 1.11 per cent to settle at 71,139.90. During the day, it plummeted 865.85 points or 1.20 per cent to 71,075.72.

Equity investors became poorer by Rs 8.50 lakh crore on Tuesday as markets came under a bear attack, with the benchmark Sensex falling almost 1,053.10 points. Equity benchmark index Sensex tumbled 1,053 points to close below the 71,000 level on Tuesday, dragged down by index heavyweights HDFC Bank, Reliance Industries and SBI amid mixed global cues.

The inter-ministerial board of approval, on request of a developer of an IT/ITeS sector special economic zone, can permit demarcation of non-processing area of that zone, according to an official notification. The inter-ministerial Board of Approval is the highest decision making body on special economic zones (SEZs). It is chaired by the commerce secretary.

Oberoi Realty has reported a 17% decline in sales bookings to Rs 965 crore in the second quarter of this fiscal. Its sales bookings stood at Rs 1,156 crore in the year-ago period. The company booked 261 units during the first six months of this fiscal, down from 296 units in the year-ago period.

The CBI has registered an FIR against Mumbai-based Unity Infraprojects Ltd, its chairman managing director (CMD) Kishore Avarsekar, three directors and unknown public servants for allegedly defrauding State Bank of India and a consortium of 15 banks. Prima facie, the complaint discloses the commission of offences of criminal conspiracy, cheating and criminal misconduct.

On Thursday, the BSE Sensex and Nifty50 of the Indian benchmark indices reached a new high. The Nifty50 is up by 0.3%, crossing 9,454, and Sensex is up with 177 points, crossing 65,600. The Nifty Bank is currently underperforming the rally and has no significant change in trading. The FMCG major, Britannia, is the top gainer, and Eicher Motors is the biggest loser. Notably, Reliance has ended its two-day losing streak and has contributed 40 points to the Nifty50 rally.

Mutual funds have sold Indian equities worth ₹5,171 crore in April at a time when foreign portfolio investors scooped up equities worth ₹11,631 crore...

Analysts say that rate hike impact is being felt on the affordable segment and may remain so for a few more quarters, even a...

Enthused by strong housing demand, realty firm Godrej Properties Ltd has acquired 18 land parcels last fiscal for developmen...

Leasing by flex space sellers in January-March 2023 inched closer to that of technology companies for the first time ever, according to a report by Nasdaq-listed multinational investment management company Colliers. Flex space, also known as flexible space, is typically a segment of real estate that provides customers with flexible office space based on their needs. Startups are increasingly preferring such real estate setups.

Real estate arm of the Piramal Group, Piramal Realty, and Jio-bp announced their partnership to provide world-class EV charging solutions across all Piramal's residential projects in the Mumbai Metropolitan Region, a joint press release stated on Thursday.

Markets regulator Sebi on Monday said it will auction 66 properties of Saradha Group on April 11 at a reserve price totalling Rs 32 crore to recover money raised by the firm from the public through illicit schemes.

Benchmark equity indices Sensex and Nifty closed lower for a second straight day on Tuesday due to selling in FMCG, metal and auto shares ahead of th...

Prices of luxury properties appreciated by 8-12 per cent during the last year across major cities and have breached the 2015 peak level, according to India Sotheby's International Realty.

Foreign portfolio investors have turned bullish on India's real estate sector in the first fortnight of December. The real estate sector witnessed inflows of ₹3,150 crore, or over 34% of the total ₹9,017 crore net equity investments by FPIs in this period. Financial services sector, which was the FPI favourite in November, saw a marginal outflow of ₹209 crore.

The average debt cost for listed realty players has fallen to the lowest levels since the Covid-19 pandemic. While the average cost of debt for real estate companies fell by 150 basis points as of Q2 FY23, RBI had hiked the repo rate by 190 basis points until the end of September.

Private equity investments in India’s real estate sector witnessed a 17% decline in 2022 to $5.1 billion. The overall number of PE investment deals also came down significantly to 29 in 2022 from 52 last year. Office and warehousing sectors emerged as PE favourites, accounting for 82% of the total investments this year. Private equity (PE) investments in India’s real estate sector registered a 17.2% decline in 2022, hurt by the troika of elevated inflation, rising interest rates and geopolitical tensions.

Realty firm Shriram Properties Ltd on Tuesday reported a consolidated net profit of Rs 19.59 crore for the quarter that ended September 30, 2022.

The Board of Allcargo Logistics on Thursday approved the demerger of its CFS/ICD and real estate businesses, aimed at creati...

With India's economic recovery catching a faster pace, the next multibagger stocks might emerge from sectors like power, tou...

Healthy buying support along with expectations of positive cues from China rose India's key stock indices during the morning...

Shares of some real estate developers like DLF, Sobha, Prestige Estate Projects have gained 13-33% in the last 30 days. Home...

A bizarre ad by an obscure company called Landomus Realty Ventures has caught the eye of Indians. The company claims that it...

As part of a $1.2 billion bond sale and refinancing, Vornado Realty Trust and The Trump Organization were set to get $617 million, Bloomberg reported.