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Realty Industry

DLF Q2 Net Profit Rises 26% to Rs 477 Crore

Its profit stood at Rs 378.12 crore in the year-ago period

21 October 2022

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Cement Demand Expected To grow 7% To 8% In FY23 Amid Russia-Ukraine War: ICRA

The cement production in the first 11 months of FY22 was at 323 million MT, which is higher by 22 per cent Y-o-Y. The demand, which was adversely impacted in November 2021 due to cyclones and unseasonal rains, picked up from...


Real Estate.

Mahindra Lifespace Buys 11.5 Acres Of Land In Pune

The land is estimated to have a developable potential of approximately 2 million square feet of saleable area and a Gross Development Value of around Rs 1,700 crore


Source: Shutterstock

Macrotech Developers To Invest $500 Million Over 5-7 Years On Sustainability Initiatives: MD Abhishek Lodha

Macrotech Developers, which sells its properties under the Lodha brand, also announced the launch of the 'Lodha Net Zero Urban Accelerator' programme with technical support from RMI at its 4,500-acre flagship integrated...

12 July 2022

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Supertech Insolvency Case: Lender Asks Better Settlement Plan, 'Definite Upfront Payment' Of Dues

After the NCLT order for insolvency proceedings, the promoters of Supertech Ltd challenged the ruling before the National Company Law Appellate Tribunal (NCLAT).


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Indiabulls Real Estate To Use Rs 865 Crore QIP Proceeds For land Acquisition, Debt Reduction

Indiabulls Real Estate Ltd (IBREL) said it has completed a capital raise of Rs 865 crore at Rs 101.10 per equity share through QIP.

18 April 2022

Amrapali Group.

Banks Release Rs 280 Crore For Completion Of Stalled Amrapali Projects, Mahendra Singh Dhoni Moves SC

A bench of Justices UU Lalit and Bela M Trivedi took note of the submission of advocate Alok Kumar, appearing for the consortium of banks, that Rs 280 crore will be released to ASPIRE, from where it will be used for funding...

25 April 2022

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Private Equity Investments In Real Estate Sector Decline By 32% In FY22: Report

According to the report, the average deal ticket size slumped 42 per cent from $161 million in FY2021 to $93 million in FY2022 as investors focused on shifting back to individual assets as opposed to their preference for...

13 April 2022

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