The RBI's decision to cut key lending rates by 50 basis points is seen as a significant boost for the real estate sector, benefiting both developers and home loan customers.
Godrej Properties stock has thrived despite market downturn, benefiting from strong brand equity and low capital-intensive model.
RBI's move to ease real estate lending has negatively impacted banking stocks, with BSE Bankex and Realty Index falling sharply.
Leading real estate companies see sharp declines in advance tax payments amid economic slowdown, highlighting industry challenges and liquidity issues.
Lehman Brothers' bankruptcy may cost Indian real estate $1 billion, impacting investments in firms like DLF and Unitech, and exacerbating the credit crisis for Indian developers.
Real estate stocks have plummeted, with the BSE Realty Index down 68.5% in 2008. DLF announced a buyback, while analysts predict further decline due to slowdowns, rising input costs, and high interest rates.
Realty stocks are experiencing a significant decline due to market uncertainty, a slowdown in the real estate sector and rising input costs. Major players like DLF and Unitech have seen substantial drops in their share prices.
Realty stocks surge in afternoon trade, with BSE Realty index up 3.7%. DLF leads with a 7% gain, followed by other prominent players like Unitech and India Bulls Real Estate.