News articles tagged HDIL

Real Estate Shares Touch The Bottom

Real estate shares are under significant selling pressure due to high inflation and interest rates, with notable declines across major companies like DLF and Unitech.

Stamp duty hike report in Maharashtra for the Real Estate Sector.

Shares of Mumbai-based real estate firms fell sharply following reports of a proposed stamp duty hike by the Maharashtra government, prompting concerns over market demand.

CEOs plan for modest hikes this year

Real estate CEOs in India are opting for modest pay increases this year compared to past trends, reflecting a shift in industry compensation practices.

HDIL to offer Rs 350 cr as income

HDIL will book INR 350 crore in the remaining quarters following an Income Tax raid, denying any hidden income or tax evasion.

HDIL's first quarter result shows recovery

HDIL's first quarter results show signs of recovery in the domestic realty sector, with both volumes and prices increasing.

Realty stocks battered, Unitech down by over 51%

The real estate sector faced a significant decline in today’s stock market, with Unitech leading the fall with a 51% drop.

HDIL Will Buy Land To Relocate 80,000 Slum Families

HDIL plans to raise ₹1,000 crore for Mumbai airport modernization, relocating 80,000 slum families. This surpasses the Dharavi project in scale and involves a 53-acre plot acquisition for ₹1,900 crore.

Real Estate Firms Delay Plans

Indian real estate developers halt land acquisitions amid market downturn, rising interest rates, and funding challenges. Tepid sales and cash crunches force project delays and potential distress sales.

Delhi Slums Propose Huge Business To Realtors

Delhi Development Authority (DDA) plans to redevelop 30 slum clusters with private developers, offering higher FAR for increased profitability, similar to Mumbai's successful projects.

Realty Gloom Reflects Stock Price

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.

Slowdown In Realty Advertising

The advertising sector is feeling a pinch as top developers like DLF and Omaxe reduce budgets by 5%, reflecting a downturn in real estate markets.

Realty stocks gain ground

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.

DE Shaw to invest $250 million in HDIL Group Company.

HDIL announced a $250 million investment from DE Shaw in its affiliate Mack Star Marketing for a commercial complex in Andheri amidst a challenging real estate market.

RBI's judgment has spooked real estate cos

RBI's decision to hold interest rates steady has disappointed the real estate sector, which is grappling with a housing slowdown. Industry experts express concern over high mortgage costs and anticipate varied impacts across markets.