BJP leader Sobha Surendran appeared before the District Returning Officer in Kerala to address allegations of offering cash for votes during the recent Assembly polls. The controversy stems from a video allegedly showing money being exchanged, leading to complaints from both Congress and Surendran herself.
BJP leader Sobha Surendran appeared before the District Returning Officer in Kerala to give her statement regarding the 'cash-for-vote' allegation against her during the Assembly polls.
A suspended BJP leader has accused another party leader of involvement in a cash-for-votes scheme during the Lok Sabha election in Alappuzha, Kerala, prompting further scrutiny and controversy.
The Congress-led UDF candidate in Palakkad, Ramesh Pisharody, was allegedly prevented from entering a BJP stronghold, leading to condemnation from various political figures, including Chief Minister Pinarayi Vijayan. The incident occurred during Pisharody's campaign tour, with BJP women workers blocking his path and raising slogans.
K V Thomas, Kerala's Special Representative in New Delhi, forecasts a third term for the CPI(M)-led LDF government, attributing the UDF's potential failure to internal conflicts and criticising the BJP for introducing 'consumerism' into Kerala politics.
Several BJP candidates contesting in the Kerala Assembly elections face pending criminal cases, primarily related to protests and agitations, according to their nomination papers. The affidavits also reveal details of their assets and liabilities.
Several BJP candidates contesting in the Kerala Assembly elections face pending criminal cases, primarily related to protests and agitations, according to their nomination papers. The affidavits also reveal details of their assets and liabilities.
Gurugram, already established as the corporate hub of Delhi-NCR, is increasingly attracting developers from outside the region, drawn by robust end-user demand, premium pricing, and emerging development opportunities.
After three post-pandemic years of an upcycle, it was a mixed bag for the realty sector in 2025, with sales volumes in the residential real estate moderating across top cities, and commercial real estate and institutional investments emerging as standout performers. Residential: Volumes soften, value holds firm.
India's top listed real estate developers reported steady growth in Q4FY25, supported by healthy pre-sales, even as earnings reflected signs of moderation amid elevated housing prices and subdued launches.
'Every delay directly increases the cost burden on developers. Land holding charges, financing costs, and compliance expenses escalate as approvals drag on.'
Developers based outside Mumbai are making a beeline for India's largest real estate market through redevelopment projects. These include Delhi-based DLF, Bengaluru-based Prestige Estates and Puravankara, Pune-based Kolte-Patil Developers and Vascon Engineers, and Hyderabad-based Ramky Estates.
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
An Aughad sadhu seen during Varanasi Masan Sobha Yatra.
These homes aim to provide a safer, more energy efficient and a more convenient environment to live in.
Glimpse what our politicians were doing at the beginning of 2025.
'Selling could further intensify and take the index towards 22,800-22,750 in the near-term.'
Real estate company Sobha Developers' net profit has more than halved for the 2009 financial year, as property sales dipped sharply in the country, leading to dropping revenues and profits.
P N C Menon, chairman of Sobha Developers, joined the billionaire club today, with the market value of his shares in his newly listed company touching Rs 6,135 crore
Sobha Puravankara is yet to explain to the safety lapses found by the DGCA.
The national real estate market presents an intriguing picture. Lower volumes and flat pricing serve as dampeners. Sales bookings across the top ten markets have seen 6 per cent growth year-on-year (Y-o-Y) between April and August 2024, but sales volume is down 8 per cent Y-o-Y. Unsold inventory is up.
Redevco, one of Europe's largest real estate investment and development firms, with a $10 billion portfolio, is understood to be looking at investing around Rs 300 crore in various projects of Bangalore-based Sobha Developers.
With a deployment of Rs 2,720 crore in July, MFs' total investment in HDFC Bank in calendar year 2024 (till now) surged to Rs 48,820 crore.
The Kerala government on Saturday announced that a township will be established in a secure area to rehabilitate those displaced by the catastrophic landslide that occurred in the Mundakkai region of Wayanad district.
The recent blip in housing sales on a quarter-on-quarter (Q-o-Q) basis should not worry investors as the long-term prospects of real estate stocks remain on a strong foundation, according to analysts. In the first half of the calendar year 2024 (H1CY24), realty stocks surged up to 104 per cent. This sharp run should be used to book partial profit in related stocks, suggested Deepak Jasani, head of retail research at HDFC Securities.
'Retail investors, who had not seen such a massive correction in the SMID universe since COVID-19, are witnessing something like this for the first time. Panic profit booking may continue.'
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CLSA has downgraded select real estate stocks and expects most counters from this sector to consolidate in the months ahead after the sharp run seen in them in the last few months. Most positive factors in terms of a pick-up in housing demand and office space absorption, it said, are already priced in. "We expect housing industry demand to grow around 12 per cent in 2024 and for large developers to outpace industry to grow at 15 - 20 per cent.
Analysts, however, suggest investors remain selective on realty stocks and buy only where there is revenue visibility and a credible promoter backing.
'The Kerala BJP leadership is doing the job of clerical staff. What the boss orders, they just follow them.'
Shares of real estate firms have been outperforming over the past year. The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. "Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels," suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.
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While the major fronts, the CPI-M led LDF and Congress-led UDF have given three and one seat respectively to women, the BJP-led NDA has set aside five seats for their female politicians in the upcoming LS polls.
The S&P BSE Realty Index has emerged as one of the top-performing sectors, yielding a remarkable 45 per cent return over the past six months. The three leading players, listed by market capitalisation, have substantially enriched investor wealth by 43-70 per cent during this period. If the second quarter (Q2) of 2023-24 (FY24) updates from Macrotech Developers (Lodha) and Sobha, along with industry data for the quarter, serve as any indication, the trend of strong bookings for larger players is expected to continue.
The BSE Realty index on Monday soared 4.3 per cent-most among the 19-sectoral sub-indices-buoyed by the proposal to formalise fractional ownership of real estate in the country. The Securities and Exchange Board of India (Sebi) on Friday issued a discussion paper proposing to regulate online platforms offering fractional ownership in real estate, a model already popular in countries such as the United States and UAE.
Kerala's election discourse operates surreptitiously. Its explicit face focuses on important national and local issues. At the same time, it seeks to secure apt communal equations to ensure votes, notes Shyam G Menon.
The net debt of top eight realty firms fell 43 per cent to Rs 23,000 crore last fiscal, from around Rs 40,000 crore in 2019-20, as their cash flow improved on strong housing sales, according to Anarock. Real estate consultant Anarock noted that the unfettered demand for housing across the country has enabled the country's leading large and listed developers to reduce their debt. Anarock analysed financial performances of the top eight developers engaged in the development of residential real estate.
People, cutting across all ages and from all walks of life, turned up to pay tribute to the child at the school where she was a student till Thursday.
The BSE Realty index-a gauge of real estate stocks-rose 4.2 per cent on Monday, extending its two-day advance to 7.8 per cent. The latest gains came on the back of robust sales posted by realty developers in the March quarter of financial year 2022-23 (Q4FY23). On Thursday, the rate-sensitive index had gained 2.9 per cent following the Reserve Bank of India's decision to pause interest rate hikes in its latest monetary policy review.
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