Indiabulls Real Estate has secured ₹25 crore through the issuance of Non-Convertible Debentures (NCDs). The company plans to develop 11 projects spanning 30.51 million sq ft.
Income tax raids on Indiabulls offices cause share drop. The company, involved in finance, lending, and real estate, saw shares fall after raids in Delhi and Mumbai.
Golf courses are becoming a sought-after amenity in Mumbai's high-end housing projects due to increasing demand and changing lifestyle aspirations.
Gammon India, grappling with financial losses and a substantial debt of Rs. 3200 Crore, is monetizing real estate assets due to high financing costs. The company looks to reduce debt.
Indiabulls Real Estate shares rise 3% after winning NTC's Bharat Textile Mills bid for Rs. 1505 cr
Lodha Developers and others engage in significant land deals, with Lodha planning a massive IPO and residential project in Mumbai.
This Diwali, the realty industry anticipates growth, with 12 public offerings and robust fund inflows, reinforcing positive market sentiment after a challenging period.
Lodha Developers offers Rs 710 crore for a 10.3-acre NTC mill land in Mumbai, potentially the largest real estate deal of the year.
Mumbai's commercial real estate market sees revival as Lodha Developers and Indiabulls bid for Finlay Mill, and Kohinoor Mill-1 is set for auction.
The affordable housing focus is driving sales recovery in the residential sector, while commercial segments struggle amid declining margins and revenue for major developers.
Indiabulls to Launch 6-7 Residential Projects with $500M Fund
Indiabulls Real Estate has received approval for the amalgamation of Indiabulls Power Services (IPSL) with Sophia Power. The company will be allotted equity shares in Sophia based on a predetermined share exchange ratio.
RBI's move to ease real estate lending has negatively impacted banking stocks, with BSE Bankex and Realty Index falling sharply.
Indiabulls Real Estate shares surged following RBI's interest rate cut, enhancing optimism for residential property demand, alongside notable gains for Educomp Solutions and IDFC.
Shares of Indiabulls Real Estate and Indiabulls Financial Services surged following assurances of no non-performing loans and positive market sentiment due to central bank actions.
Realty stocks dipped 3.70% on Wednesday, led by Indiabulls Real Estate which plunged by over 11%. DLF also saw a decline amid weak market sentiments.
Indiabulls Real Estate will raise $500 million from Qualified Institutional Buyers by issuing equity shares or convertible debentures. The decision, approved by shareholders, comes as the company's shares closed down 3.7% on BSE.
Realty index down 4.45% on inflation concerns, sparking fears of rising housing loan rates.
Indiabulls Power Services will establish a 1,320 MW power project in Jharkhand, with government support for resources and power purchase.
Indiabulls Real Estate extends REIT float in Singapore due to poor retail investor response, despite institutional oversubscription.
Indiabulls Real Estate plans 10 billion rupee retail expansion and explores new business opportunities
Indiabulls Real Estate gets High Court approval to acquire 100% of Dev Development Property for $270 million.
Indiabulls Real Estate will acquire Dev Property in a £138 million share-swap deal, expanding its presence in the booming Indian real estate market.
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.