DLF Ltd has paid a whopping Rs 1,675 crore (Rs 16.75 billion) for 38 acres of land in west Delhi to DCM Shriram Consolidated Ltd and the Lohia Group.
But rain could play spoilsport as Sri Lanka and India play the opening match on Wednesday.
Paceman Ajit Agarkar says his fine performance on the West Indies tour will mean little to him when he bowls in the Unitech Cup cricket tri-series.
The weather forecast predicts rain in the next five days in Colombo, threatening a washout of the first two matches.
Infrastructure and real estate prominently feature as wealth destroyers.
Look at those offering 100-300 bps more and have good rating; it will improve your portfolio's returns.
DLF, Indiabulls Real Estate, HDIL, YES Bank, Union Bank of India and Maruti Suzuki are down 4-12% on NSE.
Most of the 30-Sensex constituents led by M&M, Adani Ports, BhartiAirtel, Bajaj Auto, Hero MotoCorp, ICICI Bank, Sun Pharma, Cipla, HDFC Ltd, ONGC and Hind Unilever were trading in negative terrain, falling by up to 5.77 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The BSE Realty Index is on a downhill journey.
Govt relaxed norms for the floor area ratio and ground coverage for plots.
In a trend that has taken off in a significant way, more and more developers are launching independent floors with lawns and basement/roof terraces in gated communities, to attract buyers, who otherwise opt for builder floors prevalent in the unorganised real estate sector.
Dravida Munnetra Kazhagam MP Kanimozhi on Thursday sought the dismissal of a Central Bureau of Investigation plea seeking special court's permission to summon some additional witnesses, including Enforcement Directorate Deputy Director Rajeshwar Singh, in the 2G spectrum allocation case.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The broad market depicted strength. 1,525 shares rose and 1,131 shares fell. A total of 156 shares remained unchanged
On July 23, the apex court had cracked its whip on errant builders for breaching the trust reposed by homebuyers and ordered cancellation of the registration of Amrapali Group under the real estate law RERA, and ousted it from its prime properties in the NCR by nixing the land leases.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
While sale of residential properties increased only marginally despite plethora of steps taken by the government through the year, office space leasing rose 40 per cent to touch an all-time high of 46.5 million sq ft -- a trend that drew investors to lap up India's first Real Estate Investment Trust at an issue size of nearly Rs 5,000 crore.
In a major reform push, government on Thursday approved 100 per cent foreign direct investment (FDI) in the telecom sector, meeting a key demand of the fund-starved industry.
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
The restraint on part of investors was chiefly because of RBI's minutes of its December policy meeting, which showed that some members were concerned about rising oil prices, its inflationary impact and possibility of fiscal slippage.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
As the Sensex continued with its record-breaking show, over 750 stocks hit one-year high levels on the Bombay Stock Exchange on Friday.
NTPC, Sun Pharma Coal India and Asian Paints were among top losers on BSE Sensex
Puneet Wadhwa and Debashish Pachal locate real estate stocks to watch out for.
Builders were questioned on unfair trade practices.
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
The court said a 'scam was created when there was none'.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line
Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red
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The year so far has witnessed several luxury project launches by major real estate companies such as DLF, Unitech, Supertech, Tata Housing and Godrej Properties.
Shares of rate-sensitive realty, bank and auto sectors were on buyer's radar on Wednesday.
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