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Shapoorji Pallonji to monetise 3,000-acre land, eyes Rs 10,000 cr from plotted developmentsShapoorji Pallonji Real Estate aims to develop a substantial plotted township in the Mumbai-Pune corridor. The project covers 900 acres and...- Puravankara secures 14.6-acre in Mandur, Bengaluru with Rs 2,300 cr development valueRealty developer Puravankara has acquired a significant 14.6-acre land parcel in Mandur, Bengaluru. This strategic acquisition carries a po...
- Puravankara reports net profit of Rs 15 crore for Q1 FY25Puravankara Limited, based in Bengaluru, reported a net profit of Rs 15 crore for Q1FY25, reversing a Rs 17 crore loss from the prior year....
- Concor rises 12% as Cabinet approves rail land lease policyThe cabinet has approved the Rail Land Lease Policy for a period of 35 years, ET NOW report said, adding that the lease fee has also been r...
- GAP Associates to invest Rs 500 cr to develop nearly 20 projects at Dholera, GujaratThe company has recently received RERA (Real Estate Regulatory Authority) approval from the Gujarat Real Estate Regulatory Authority for it...
- BHEL plunges 10% as Citi downgrades stock to 'sell'Citi has a target of Rs 34 on the stock, as it feels the stock has rallied too fast, too soon. The foreign brokerage said the valuations ha...
- Puravankara buys 25 acre from Unitech for Rs 200 crPuravankara has already acquired land in Bengaluru, Mumbai, Pune and Hyderabad to expand its commercial portfolio.
- IL&FS puts 2,880-acre land parcels in Kutch for saleThe company has invited expressions of interest from interested parties for selling the land parcels owned by three subsidiaries of IL&FS G...
- Government plans to utilise landbanks of public sector enterprisesThis comes after the government successfully nudged five state-run firms, including blue chips such as Coal India, NMDC, MOIL and Nalco, to...
- Fortune 500 companies, others to invest Rs 20k crore in 6 months in Tamil NaduThe Tamil Nadu government today said some of the Fortune 500 companies among others have proposed to invest up to Rs 20,000 crore.
- Patel Engineering on power drivePatel Engineering, a mid-size infrastructure company, is looking to beef up its power generation interest as it explores a 1,200 mw thermal...
- Nahar Group to spend Rs 150-cr in FY 10 on housing projectsReal estate developer, Nahar Group, will spend Rs 150 crore in the current fiscal to develop a string of residential projects in the city.
- Deutsche Bank puts 'sell' rating on Puravankara ProjectsDeutsche Bank has initiated coverage on Puravankara Projects with a ‘sell’ rating.
- DLF to spend 15% revenue on increasing landbankDLF intends to spend 15% of its revenue on an ongoing basis to purchase additional land.
- Heard on the Street
- Heard on the streetMemories of KGN Industries and Sylph Technologies came back to haunt stock exchange officials in a Deutsche AMC fund that listed recently.
- Landslide: Realty is facing a major cash crunchLand prices in NCR, Mumbai, Bangalore and Hyderabad have corrected by up to 25% as property developers slow down their land purchases. Loan...
- Land acquisition money-spinner for realtorsAnalysts say that realty sector has higher gestation periods, increasing land prices is the best way to keep valuations growing. Going for ...
- Unitech plans Rs 3.5k cr funds for Mumbai debutReal estate major Unitech plans to raise about Rs 3,500 crore through debt by March 2009, taking take the company’s total debt to Rs 8,000 ...
- DLF to don Armani, Arvind to sport PoloDLF commands a stand-alone landbank of over 13,000 acres. Of this, almost 3,000 acres can be used for commercial purposes. Most talked abou...
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