Smart homes that do your everyday tasks are now coming on the Indian market. Several real estate firms are making this reality as they venture into constructing automated homes.
A recent report by Citi had pegged the total amount stuck in stalled projects across seven major Indian cities (Bengaluru, Mumbai Metropolitan region, National Capital Region, Ahmedabad, Hyderabad, Kolkata and Pune) at Rs 80,000 crore.
If you are already invested in real estate stocks, you've made your money, exit
In the broader market, the BSE Smallcap and BSE Midcap index gained 0.1% and 0.4%, respectively
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
At least 50,000 units of new residential property are set to come up over the next three years
Investors will maintain a cautious stance.
Anju George, Anil Kumar and J J Sobha won gold medals as India scooped up nine medals from athletics.
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.
Durable, automobile and real estate players have been lobbying hard for a tax cut, saying it will boost demand.
Listed realty developers saddled with unsold properties worth Rs 1 trillion
'It is sad that Kerala had so many Covid patients which is primarily due to the mismanagement of the Left government.' 'The technical committee was full of CPI-M leaders who happen to have medical degrees with no experience in public health.' 'They were advising the CM and we are paying for those mistakes.'
The broad market depicted strength. 1,525 shares rose and 1,131 shares fell. A total of 156 shares remained unchanged
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Experts attribute this to new launches in anticipation of a demand revival after the 2014 general elections.
A high voter turnout was recorded in West Bengal, Assam Kerala, Tamil Nadu and Puducherry assembly elections on Tuesday. The massive polling exercise following COVID-19 health protocol and involving lakhs of personnel began at 7 am and the last hour from 6 pm to 7 pm was set aside for COVID-19 patients and those under isolation. The counting of votes in the states will be held on May 2.
Extending support to YSR Congress for a unified Andhra Pradesh, Communist Party of India-Marxist on Tuesday said immediate priority was to restore normalcy as the state was heading towards anarchy due to Centre's "unilateral" decision.
Banks are not allowed to lend to developers for purchasing land parcels.
Swapna Barman competed in the two-day event with a taped right cheek to lessen pain arising out of teeth infection but still went on to win the gold medal in the women's heptathlon.
Broader market underperformed with the BSE Midcap and the BSE Smallcap indices losing up to 0.2%
Around 25 per cent of the international real estate market in London also belongs to Indians with investments around 1 billion pounds.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Effects of the new schemes launched under the Pradhan Mantri Awas Yojana would be felt more in tier-II and tier-III cities, as not many budget or affordable housing projects are in the works in metropolitan cities.
Prolific author and journalist Khushwant Singh's body was consigned to flames today at the Dayanand Mukthidham electric crematorium here on a quiet evening amidst the presence of family members, close friends and well-wishers.
Banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line
Broader markets underperformed indices with BSE Midcap down 0.43% while the Smallcap index fell 0.07%.
Shares of rate-sensitive realty, bank and auto sectors were on buyer's radar on Wednesday.
The Reserve Bank on Tuesday asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of 'innovative' housing financing schemes.
Nearly 40 developers participating in HDFC Indian Homes Fair in London would showcase thousands of property.
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
The S&P BSE Sensex shed 119 points to close at 27,977 and the Nifty50 dropped 45 points to finish at 8,591.
Increase in service tax would make properties costlier to buyers.
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
Discounts could be luring but onus of due diligence is always on buyer
Though the developments are positive, analysts say the benefits will accrue only in the long run
According to property consultancy firm Knight Frank, only 19 states and UTs have a functional portal in place, that too with a lot of information dissymmetry across data points
Move to improve transparency but make liquidity more difficult to come by