In his Budget speech, the finance minister said: "We propose to facilitate higher investment in affordable housing. Affordable housing will now be given infrastructure status, which will enable these projects to avail the associated benefits."
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
Real test of the rally in this segment will be the upcoming result season.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Though the developments are positive, analysts say the benefits will accrue only in the long run
Call it an expectation of revival in the real estate market or improving liquidity, bulge bracket property deals have made a comeback in the country's commercial capital.
Morgan Stanley has big plans to invest in India's real estate.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Phonemaker Apple is said to be in talks to take 30,000 sq ft retail space at plush property Maker Maxity, in Bandra Kurla Complex
Raghavendra Kamath reports on what ails India's real estate sector.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
Listed Mumbai developers are battling higher inventory levels.
BSE Power, Healthcare, Capital Goods, FMCG and Metal indices gained between 0.6-1%.
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
The BSE MidCap and SmallCap indices during this period have outperformed the blue-chip indices.
The company plans to raise Rs 750 crore; other realtors may follow.
Participants are keenly waiting for the January IIP.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
The broader markets ended in line with the benchmark indices- BSE Midcap and Smallcap indices ended higher by 1.3% and 0.9% each.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Weak monsoon forecast rekindled fears of higher inflation.
Five of the 12 BSE sectoral indices ended at 52-week highs; the oil and gas index zoomed by nearly 5%.
Sensex firm on favourable GDP numbers for FY16.
Asin joins a long list of actresses, who married rich businessmen!
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
The 30-share Sensex ended up 248 points at a record closing high of 27,346.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
The Lodha Group has bought land parcels worth Rs 12,000 crore in Mumbai
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
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.
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.