Mumbai-based developers Macrotech Developers (Lodha) and Oberoi Realty have emerged as top gainers among largecap realty stocks over the past month, with gains ranging from 29 per cent to 33 per cent. Strong ongoing sales trends in Mumbai's core market, record bookings in the January-March quarter, and healthy guidance for 2024-25 (FY25) have propelled these companies, which derive the majority of their revenues from India's financial capital.
Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.
With new eligibility criteria for futures and options (F&O) coming into effect, Jio Financial Services and Zomato are strong contenders for inclusion in the derivatives segment, according to an analysis by Nuvama Alternative & Quantitative Research. The report suggests that these new F&O inclusions could also propel these two companies into the benchmark National Stock Exchange Nifty 50 during the March rebalancing.
'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'
Due to heavy rains and waterlogging over the tracks at several locations on South Central Railway network, as many as 99 trains were cancelled and four trains were partially cancelled while 54 trains were diverted, an SCR official said.
Jammu and Kashmir Lt Governor Manoj Sinha assured the newly elected legislative assembly on Monday that the Omar Abdullah government will make all efforts for the restoration of full statehood and constitutional guarantees available to the state.
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
India needs about 19 million low-cost homes -- roughly defined as costing a million rupees ($16,700) and below -- to shelter an urban population expected to nearly double to 600 million by 2030 from 2011.
The court asked NBCC to "stay its hands" till July 2 .
Jamshedpur gave birth to Telco (now Tata Motors) which has just launched the low-cost Nano; Jamshedpur, according to the 35-year old Tata Housing Development Company managing director Brotin Banerjee, is what inspired Tata Housing to launch its Shubh Griha low-cost housing project in Mumbai.
'Not even in my wildest dreams did I think I would write a book one day.'
The Centre has decided not to give a go-ahead to the Par-Tapi-Narmada river link project following strong protests against it by tribals, Gujarat Bharatiya Janata Party president C R Paatil said on Tuesday.
Lieutenant Governor Manoj Sinha's power to nominate five members to the Jammu and Kashmir Assembly was at the centre of a political and legal debate on the eve of vote count, with the Congress and regional parties the National Conference and the People's Democratic Party on Monday opposing any such move during government formation.
'If Trump wins the election, there's not going to be much turmoil.' 'But if he loses, he will not accept the results.' 'And if it is close, which I think it's going to be, he's going to contest it.' 'But at the end of the day, the truth will prevail.'
India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).
DLF, India's largest real estate developer by market cap, on Monday said it has sold 49 per cent stake in some of its residential projects to private equity investors for a total consideration of Rs 1,675 crore (Rs 16.75 billion).
The Adani Group, which won the Dharavi Redevelopment Project from the state government last year, on Monday said it has onboarded three city planners, including Hafeez Contractor, to present a draft redevelopment plan for the largest slum cluster in Asia. In a statement, the group, which has promised to invest Rs 21,000 crore in the first phase, has roped in world famous architect Hafeez Contractor, design firm Sasaki, and consultancy firm Buro Happold as city and infrastructure planners for the project.
The Kolkata-based actors, several of whom have worked with Shanto Khan in Bangladeshi film projects, however, did not want to comment on the reasons for the killing, saying those were internal matters of another country.
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
'I used to think I'll become a big heroine by 21-22, then I'll make a big, successful movie and then I would buy a house.' 'But when this was not happening for me, it was heartbreaking.'
Speaking during the Question Hour, the road transport and highways minister said the country has set several world records in road construction despite COVID-19. The construction of Zoji La tunnel on the Srinagar-Leh highway will be completed before 2024, while another Z-Morh tunnel will be completed in the next three months, he added.
An accurate early warning system that correlates rainfall and the potential for landslides. That is the imperative, say experts as rains create havoc in hills across India and the toll mounts in Kerala's Wayanad slopes where landslides buried entire homesteads and possibly hundreds of people.
Dhanatrayodashi is called Dhanteras and its twinkling lights set the mood of India's greatest and most popular festival -- Diwali, the festival of lights.
Housing prices may rise 5 per cent next year on improved demand, according to Knight Frank India. In its '2022 Outlook Report', the property consultant said: "While 2021 was mostly impacted by the volatility due to the pandemic, 2022 may prove to be a more stable year for the sector both for commercial as well as the residential sector." On the housing segment, the report said that sales momentum is expected to continue in 2022 as prospective homebuyers' preferences for bigger homes, better amenities, and attractive pricing will keep them interested to seal the deals.
Experts say this is a good time to buy a house for self-use, points out Sanjay Kumar Singh.
'We are sure FY25 is going to be better...But to call out that all problems are behind us is a bit early.' 'The underlying business sentiment has not changed significantly.'
WazirX lost about 45 per cent of its crypto assets to the security breach. People privy to the discussions say North Korea has been mentioned.
Describing the Central Vista project as 'vital and essential', the Delhi high court on Monday allowed construction work on the project to continue and imposed a fine of Rs 1 lakh on the petitioners for their 'motivated' plea.
Yadav took to social media and shared video clips and pictures of the deployment of security personnel, including police and rapid action force, with barricades near his house here, a stone's throw away from the Samajwadi Party headquarters.
The government has relaxed the norms for allowing foreign direct investment (FDI) in the construction development sector. It is expected the move will boost affordable housing projects and smart cities across the country.
The real estate buzz is so loud that you could not have missed it. Go ahead and buy if it's your first house. But Wait, if investment is your purpose.
Aseem Chhabra lists his favourite 2024 films that he watched at film festivals held in Berlin, Cannes, Toronto and India.
A judicial magistrate (first class) granted bail to the 17-year-old boy's father Vishal Agarwal, a prominent builder, and his grandfather, who were arrested in May-end and are currently in judicial custody.
Polling for the municipal elections in Delhi will be held on December 4 and votes will be counted on December 7.
Despite Dharavi being located in the Mumbai North Central constituency and Mahalaxmi Racecourse in South Mumbai, the issues have caught the attention of all parties and their candidates.
The plea also states that the petitioners are also questioning why or how the project constitutes an "essential service", merely because some executive mandated contractual deadline has to be met.
Yediyurappa and his son had rejected the allegation outright, saying that there was no truth in the matter.
While the coalition will not be unstable because of pressures, the effort from partners will be to constantly remind the central government and the BJP how much it is dependent on them.
'This is probably why the late General Bipin Rawat, who hails from the Garhwal Himalaya, said that the existing roads are fine with the army.'
