These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
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Experts say in the serviced apartments space, developers, primarily from the hospitality sector, are targeting non-resident Indians, expatriates and now, even domestic investors.
Morgan Stanley has big plans to invest in India's real estate.
Expressing disappointment over RBI's decision to hike the key policy rate, real estate developers said this would lead to increase in finance cost and also affect housing demand during the festive season.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
The inventory has risen to 83 months in the National Capital Region and 50 months in Mumbai.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, answered some important questions on the market.
High interest rates and prices mean low affordability. Also, developers have huge inventories.
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RBI on Wednesday surprised the markets by leaving key policy rates unchanged, notwithstanding persistent high inflationary pressure.
Because of high rents in Mumbai and the response from Delhi, most luxury retail players want to expand in the capital.
Bank Nifty closes at a 30-month high; Rate sensitives lead the rally on RBI rate cut optimism.
Sebi has long struggled with balancing the needs of small investors and those of the market.
Participants are keenly waiting for the January IIP.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
A buoyant economic mood and tempting discounts, both online and offline, are fuelling a shopping frenzy this Diwali.
Around 8,000 companies would fall under the Companies Act's ambit.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
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Markets ended lower on profit taking ahead of June F&O expiry.
Kabul Chawla's company in India is facing the ire of consumers.
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
Approaches Morgan Stanley, GIC and Blackstone
Banking and real estate stocks rise up to 5% on further rate-cut hope.
Realty sector is facing a huge slowdown for last 3-4 years, leading to a significant delays in possession of flats to customers.
At a time when others are cutting on development of commercial property, plans to add 50% more of IT space.
Many members of ministry panel give dissent note on clause; no clarity yet on whether it will apply to existing shares or new ones.
Recovery in US gives extra boost to IT/ITeS office deals in Bangalore and the National Capital Region.
Bombay Stock Exchange Sensex closed 30 points lower at 21,140 levels.
An FIR has been registered against Shivraj and his parents for allegedly duping a Mumbai businessman and his wife of Rs 13 crore (Rs 130 million) while he was out on bail.
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
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