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.
Housing sales rose 8 per cent annually during the April-June period to 80,250 units across eight major cities, mainly on increased demand in Mumbai and Pune, according to PropTiger. Sales stood at 74,320 units in the year-ago period across primary (fresh sales) residential markets of the top eight cities. The housing brokerage firm on Wednesday released its Real Insight Residential - April-June 2023 report, stating that housing sales rose in three cities Mumbai, Pune and Ahmedabad but declined in other five major cities -- Delhi-NCR, Bengaluru, Hyderabad, Chennai and Kolkata.
All eyes were as India as it celebrated its 69h Republic Day on Friday with the 10 ASEAN leaders as chief guests. The mood was upbeat across the country. Rediff.com brings you glimpses of the celebrations.
CAB President Snehasish Ganguly said an India vs Pakistan semifinal at the Eden Gardens would be a dream contest.
This shift is driven by a pursuit of a superior lifestyle and an innate desire to be grounded in an owned plot of land. Villas, situated within gated housing societies, have gained popularity as a property type, witnessing strong traction due to elevated aspirations and the need for more living space.
India will begin their 2023 ODI World Cup campaign against Australia in Chennai on October 8.
All the fans greeted him by flashing their mobile phone cameras as he remained unbeaten on two from three balls.
Vaishnaw on Saturday said he had ordered a high-level probe into the derailment on Friday night.
How the IPL teams have shaped up after the auction.
Let's delve into the world of IPL 2024 and meet the captains who are ready to leave their mark on cricket's biggest stage.
Rinku and Rana put on a hall of fame display on how to play spin at the Chepauk with a 99-run partnership to take their side home.
The Board of Control for Cricket in India on Tuesday awarded three Test matches of the November-December home series against Sri Lanka to Kolkata, Nagpur and Delhi while the newly-constructed stadium in Barasapara, Guwahati was awarded a marquee T20 International against Australia in October.
The matches will be played at three venues in the UAE -- Dubai, Sharjah and Abu Dhabi.
The operations are being carried out in coordination with the railway authorities on the ground, he said.
Average housing prices have increased in the range of 13-33 per cent in the last three years across seven major cities on high demand, according to real estate consultant Anarock. Hyderabad's Gachibowli recorded the highest 33 per cent increase in average residential prices in the past three years. In Gachibowli, the average residential prices as of October 2023-end stood at Rs 6,355 per square feet as against Rs 4,790 per square feet in October 2020.
Tata Group-owned Air India, under its new chief executive officer and managing director Campbell Wilson, is optimising its domestic strategy under which the carrier is "densifying" its presence on metro-to-metro routes and exiting from unviable ones, Business Standard has learnt. Wilson took charge on July 25. Air India has increased its flights on metro-to-metro routes such as Delhi-Mumbai, Delhi-Bengaluru, Mumbai-Chennai, Mumbai-Bengaluru, and Hyderabad-Mumbai between June and November this year.
MS Dhoni blamed the dewy conditions for their loss and expressed satisfaction with Shivam Dube's performance
The training was expected to begin soon.
India will begin its campaign on October 8 against Australia in Chennai.
'Jinx Rahane has just played one of the greatest shots I've ever seen.'
A leader of Communist Party of India - Marxist students' wing Student's Federation of India, who was arrested after a clash with the police, died in Kolkata on Tuesday. His death triggered a row with the men in uniform claiming he fell from a vehicle while the party alleged that he succumbed to injuries sustained in lathi-charge by police.
India's next match is against South Africa and Rohit said his team is ready for the in-form Proteas.
Ajinkya Rahane blasted his way to a sensational 71 from 29 balls, to power CSK to victory against KKR.
Warner also has scored 1,075 runs against Kolkata Knight Riders.
The historic Eden Gardens will host two play-off matches that were originally scheduled in Pune, Indian Premier League governing council confirmed.
Navratri celebrations in Chennai are not only about Golu dolls, Saraswathi Puja or Ayudha Puja. These days, Durga Puja and Dandiya Raas too are regular events in the city, reports S Saraswathi.
It seems the sparklers have caught Kolkatans in a spell. According to Diamond Trading Corporation's figures, another city which has got mesmerised by diamonds is Hyderabad.
Chennai Super Kings may struggle to capitalise on the home advantage during the IPL play-offs as they are still "not sure" of the conditions at the Chepauk, says head coach Stephen Fleming.
Pakistan cricket board chief Shaharyar Khan was stopped by immigration officials at the Netaji Subhash Chandra Bose International Airport in Kolkata on his arrival from Dhaka for not entering India through approved route.
With the play-offs of the Indian Premier League shifted out of the city's MA Chidambaram Stadium, Chennai Super Kings coach Stephen Fleming says it will be a "disadvantage" playing away from home.
According to Air India, the number of flights per week would be increased on routes such as Delhi-Bengaluru-Delhi, Delhi-Amritsar-Delhi, Chennai-Ahmedabad-Chennai and Chennai-Kolkata-Chennai.
Thousands of young and old people across the country united to observe the fifth International Day of Yoga on Friday with great enthusiasm and zeal. The first International Day of Yoga was observed all on June 21, 2015, and the idea was first proposed by Prime Minister Narendra Modi during his speech at the United Nations General Assembly in 2014.
Mumbai Indians's road to redemption in the Indian Premier League faces another tricky test on Sunday when they host formidable Kolkata Knight Riders in Mumbai.
With an estimated cost of over Rs 500 crore, BCCI is planning a massive upgrade to the stadiums, ahead of the ODI World Cup in October-November in India.
A combo pack of ITC-owned Aashirvaad atta and spices including chili, coriander and turmeric powders will be available on Domino's app. The service will be available in Bengaluru first and will then be expanded to Noida, Mumbai, Kolkata, Chennai and Hyderabad.
If only you had thought ahead, you would have stocked snacks and biscuits, bread and cake, and vegetables suited for Amma or pondatti to make your favourite bajji and pakoda, observes N Sathiya Moorthy.
People can send their Rs 2,000 banknotes to specified regional offices of the Reserve Bank through the insured post for credit in their bank accounts. This is a hassle-free option for the people who are away from the regional offices of the Reserve Bank. Besides, the RBI is offering TLR (Triple Lock Receptacle) form to people for a deposit of Rs 2,000 banknotes in their bank account.
Dhoni put up a valiant 50* but it was not enough as KKR ran out winners in the end
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