housing

  1. DLF targets 15 per cent growth in sales bookings to Rs 17,000 crore in current financial year due to strong housing demand

    DLF targets 15 per cent growth in sales bookings to Rs 17,000 crore in current financial year due to strong housing demand

    New Delhi, Realty major DLF has set a target of 15 per cent growth in sales bookings this fiscal to Rs 17,000 crore as it plans to launch several luxury housing projects in Gurugram, Goa and Mumbai amid strong consumer demand. . Its managing director Ashok Tyagi said.The company's sales...
  2. Shriram Finance shares pared most of early gains; Arrange higher than 1 pc

    Shriram Finance shares pared most of early gains; Arrange higher than 1 pc

    New Delhi: Shares of financial services firm Shriram Finance on Tuesday pared most of their early gains and closed over 1 per cent higher.During morning trade, the stock climbed over 5 per cent after the company announced the sale of its housing finance arm to private equity major Warber...
  3. Macrotech Developers to invest Rs 3,500-4,000 crore for land acquisition this financial year

    Macrotech Developers to invest Rs 3,500-4,000 crore for land acquisition this financial year

    Mumbai, realty firm Macrotech Developers Ltd is set to acquire new land parcels through joint development agreements with landlords this financial year to create housing projects as part of its expansion plan to capitalize on the surge in demand for residential properties. Will invest Rs...
  4. Shriram Finance shares rise over 5 percent on Warburg Pincus deal

    Shriram Finance shares rise over 5 percent on Warburg Pincus deal

    New Delhi, Shares of financial services firm Shriram Finance climbed over 5 per cent on Tuesday after the company announced selling its housing finance arm to private equity major Warburg Pincus for Rs 4,630 crore to focus on vehicle finance and small business loans. Announced.The stock rose...
  5. DLF's FY24 sales booking declines 2 percent to Rs 14,778 crore

    DLF's FY24 sales booking declines 2 percent to Rs 14,778 crore

    New Delhi: Sales bookings at DLF, India's largest realty company, declined 2 per cent year-on-year to Rs 14,778 crore during the last financial year due to a weak mark quarter with no major project launches despite strong housing demand.Last year its sales booking record was Rs 15,058 crore...
  6. Hero Realty CEO Dharmesh Shah resigns

    Hero Realty CEO Dharmesh Shah resigns

    New Delhi, Hero Realty Chief Executive Officer (CEO) Dharmesh Shah has resigned from the company and will start his own venture.Shah informed about his decision on social media platform LinkedIn on Monday.He became the CEO of Hero Realty, promoted by Sunil Kant Munjal's Har Enterprises, in...
  7. Shriram Housing to sell fin arm Warburg Pincus for Rs 4,630 crore

    Shriram Housing to sell fin arm Warburg Pincus for Rs 4,630 crore

    New Delhi/Mumbai, Financial services firm Shriram Finance on Monday announced the sale of its housing finance arm to private equity major Warburg Pincus for Rs 4,630 crore to focus on vehicle finance and small business loans.Shriram Executive Vice President Umesh Revankar said Warburg is...
  8. Shriram Finance to sell its housing finance arm to Warburg Pincus for Rs 4,630 crore

    Shriram Finance to sell its housing finance arm to Warburg Pincus for Rs 4,630 crore

    New Delhi, Financial services firm Shriram Finance on Monday said it has approved the sale of its housing finance subsidiary to US-based private equity firm Warburg Pincus for Rs 4,630 crore.Shriram Housing Finance Limited (SHFL) will be acquired by Warburg Pinkoo through its affiliate Mango...
  9. Not in 'rat race' to become top builder in terms of sales bookings: Macrotech Developers MD

    Not in 'rat race' to become top builder in terms of sales bookings: Macrotech Developers MD

    New Delhi: Realty firm Macrotech Developers is not in a "rat race" to become the top builder in terms of sales bookings and will focus on achieving consistent and predictable growth with high profit margins, said its MD and CE Abhishek Lodha. ,Macrotech Developers, which markets its properties...
  10. Anarock FY24 revenue rises 36 percent to Rs 566 crore on higher earnings

    Anarock FY24 revenue rises 36 percent to Rs 566 crore on higher earnings

    New Delhi: Real estate consultant Anarock Group has reported a 36 per cent rise in its revenue to Rs 566 crore in the last financial year, helped by better earnings from housing brokerage and other services.The company recorded revenue of Rs 416 crore during 2022-23.Domestic Anarock was...
  11. Aadhaar Housing Finance IPO subscribed 25.49 times on last day

    Aadhaar Housing Finance IPO subscribed 25.49 times on last day

    New Delhi: The initial public offering of Aadhar Housing Finance, backed by private equity major Blackstone, received a subscription of 25.49 times on the closing day of the share-sale on Friday.According to data available with NSE, bids were received for 1,78,65,45,247 shares against...
  12. Market share of luxury homes increased to 21 percent; Affordable housing has declined 20 percent in 5 years

    Market share of luxury homes increased to 21 percent; Affordable housing has declined 20 percent in 5 years

    Mumbai (Maharashtra) [India], The Indian residential property sector has witnessed a change in housing market dynamics in the first quarter of 2024, as revealed by the latest data from ANAROCK, with an increase in the sales share of luxury homes, which has jumped from just 7 per cent five years...
  13. Aadhaar Housing Finance IPO subscribed 1.48 times on second day of offer

    Aadhaar Housing Finance IPO subscribed 1.48 times on second day of offer

    New Delhi: The initial public offering (IPO) of Aadhar Housing Finance, backed by private equity major Blackstone, was subscribed 1.48 times on the second day of bidding on Thursday.The Rs 3,000-crore IPO received bids for 10,35,89,316 shares against 7,00,89,37 shares on offer, according to...
  14. Household savings have declined due to rising home, auto, personal loans.

    Household savings have declined due to rising home, auto, personal loans.

    New Delhi: Household savings are projected to decline for the third consecutive year in FY 2024 as liabilities due to interest on housing and vehicle loans continue to rise, but this trend may reverse in 2024-25 due to impact. RBI ban on personal loans.According to the National Accounts...
  15. Star Housing Finance Ltd reports strong performance for the period ending March 31, 2024

    Star Housing Finance Ltd reports strong performance for the period ending March 31, 2024

    PN Mumbai (Maharashtra) [India], May 9: Star Housing Finance Limited (Star HFL), a BSE-listed company (BSE Scrip Code BOM: 539017), has maintained its growth trajectory in the retail home finance sector and resulted in strong Business has been reported. And financial performance for the...
  16. DLF sells entire 795 luxury flats in new project in Gurugram for Rs 5,590 crore within 3 days of launch

    DLF sells entire 795 luxury flats in new project in Gurugram for Rs 5,590 crore within 3 days of launch

    New Delhi: India's largest realty firm DLF has sold all 795 apartments worth Rs 5,590 crore within three days of the launch of its new luxury housing project in Gurugram due to strong demand from consumers including NRIs.In a regulatory filing on Thursday, the company informed about the...
  17. DLF sells all 795 luxury flats in new project in Gurugram for Rs 5,590 crore within 3 days of launch

    DLF sells all 795 luxury flats in new project in Gurugram for Rs 5,590 crore within 3 days of launch

    New Delhi, Realty major DLF on Thursday said it has sold all 795 apartments worth Rs 5,590 crore in its new luxury housing project in Gurugram within three days of the launch amid strong consumer demand.In a regulatory filing, the company informed the success of its latest luxury residential...
  18. Aadhaar Housing Finance IPO receives 43 percent subscription on first day of offer

    Aadhaar Housing Finance IPO receives 43 percent subscription on first day of offer

    New Delhi: The initial public offering (IPO) of Aadhar Housing Finance, backed by private equity major Blackstone, received 43 per cent subscription on the first day of bidding on Wednesday.The Rs 3,000 crore IPO received bids for 3,04,53,979 shares against 7,00,89,37, according to NSE data...
  19. Ahead of IPO, Aadhar Housing Finance raises Rs 898 crore from anchor investors

    Ahead of IPO, Aadhar Housing Finance raises Rs 898 crore from anchor investors

    New Delhi, Aadhar Housing Finance Ltd, backed by private equity major Blackstone, on Tuesday said it has raised Rs 898 crore from anchor investors, a day ahead of the launch of its initial public offering (IPO).According to a circular uploaded on the BSE website, the company has decided to...
  20. Square Yards revenue up 49 percent to Rs 1,004 crore; India business contributes 79 percent to total revenue

    Square Yards revenue up 49 percent to Rs 1,004 crore; India business contributes 79 percent to total revenue

    New Delhi, Square Yards, which is primarily in the housing and home loan brokerage business, on Monday said its revenue grew 49 per cent to Rs 1,004.45 crore during the last financial year due to strong demand for residential properties.Square Yards said in a statement that its Indian business...
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