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PROPERTY DEVELOPERS DELEVERAGING
China Evergrande reports progress in resuming home deliveriesEvergrande is the world's most indebted property developer, with over $300 billion in liabilities. It is struggling to repay bondholders, b...26 Dec, 2021, 11.20 PM IST- China blue chips close higher as property, auto stocks gainThe blue-chip CSI300 index rose 0.3% to 4,856.16, while the Shanghai Composite Index lost 0.1% to 3,573.84.02 Dec, 2021, 01.29 PM IST
- Lodha records Rs 3,450 crore bookings in July-September, collections Rs 1,912 croreThe developer’s collections for the quarter stood at Rs 1,912 crore. Additionally, Lodha has recorded sales worth Rs 1,450 crores in two of...06 Oct, 2021, 10.03 PM IST
- DLF plans to raise Rs 2,000 crore via sale of commercial land to existing JV or new partnersThe monetisation of land parcels would help the company in reducing its net debt, which stood at Rs 4,866 crore at the end of December quar...16 Feb, 2020, 02.41 PM IST
- ASK Property invests over Rs 350 crore in Pune projectsThe real estate private equity arm of the ASK Group invested Rs 275 crore in projects of Paranjape Group while Rs 75 crore was invested in ...03 May, 2019, 08.48 AM IST
- Nitesh Estates exits 1-million sq ft Pune shopping mallRealty developer Nitesh Estates has sold its 1-million-sq-ft shopping mall in Pune’s Koregaon Park and reduced consolidated debt by Rs. 407...08 Mar, 2019, 06.37 PM IST
- Lodha Developers sells 28% in London arm for £112 millionLodha Developers is likely to continue looking at several monetisation options.16 Feb, 2019, 08.59 AM IST
- Deleveraging to be gradual despite pre-sales growth: FitchAccording to Fitch Ratings' recent report titled '2016 Outlook: Indian Homebuilders', the pre-sales in the residential segment will improve...23 Nov, 2015, 06.24 PM IST
- Mumbai residential property prices drop, market turns in buyers’ favourResidential property market in Mumbai is finally turning in buyers’ favor with increasing inventory levels and weakening prices.26 Nov, 2013, 07.29 PM IST
- Knight Frank says 83,000 Mumbai residential units remain unsoldAround 83,000 residential units or three quarters worth of inventory was unsold at the end of 2012 in Mumbai, said a Knight Frank India rep...13 Feb, 2013, 08.12 PM IST
- Property prices above 2008 high in Mumbai, unsold flats rise tooAn analysis shows average property prices are 15% higher in Mumbai and 30% higher in the MMR over their previous peak in June 2008.29 Mar, 2012, 12.28 PM IST
- Moody's expects negative rating trend for Asian corporatesMoody's expects a negative rating trend for Asian corporates this year amid a challenging global economic environment.02 Feb, 2012, 01.38 PM IST
- Citi Property to make an exit as Logix sells Noida buildings to IL&FS InvestmentLogix Group is selling four office buildings in Noida to IL&FS Investment Managers, the only listed private equity fund in India, for Rs 60...26 Jan, 2012, 05.16 AM IST
- Parsvnath to sell prime land in Delhi for about Rs 700 crThe company had acquired the land at KG Marg in 2008 for about Rs 200 crore and had announced plans to develop retail-cum-office building.13 Jan, 2012, 10.35 PM IST
- Realty stocks likely to remain sluggish for 2 more years, rally won't last: AnalystsHeavily leveraged books, rising interest rates and delay in getting approvals mean worries about the sector are far from over, analysts war...15 Apr, 2011, 07.00 AM IST
- Fitch puts Unitech, Ansal, 2 others on rating watch positiveCredit rating agency Fitch on Tuesday placed four real estate companies — Unitech, Omaxe, Ansal Properties and Parsvnath - on rating watch ...28 Apr, 2010, 01.52 AM IST
- Taj-owner to raise up to Rs 700 croreIndian Hotels Company , owner of Taj hotels, is raising between Rs 500 crore and Rs 700 crore through nonconvertible debentures, of five ye...10 Dec, 2009, 06.09 AM IST
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