housing

New Delhi: Realty firm Godrej Properties plans to launch residential projects worth Rs 30,000 crore in major cities this financial year to achieve 20 per cent growth in sales bookings amid strong demand, its executive chairman Pirojsh Godrej said. .In an interview with PTI, Pirojsha said, "We...

New Delhi: According to RBI's 'Sectoral Deployment of Bank Credit' data, outstanding credit to the housing sector increased by nearly Rs 10 lakh crore in the last two financial years to reach a record Rs 27.23 lakh crore in March this year.Experts from the banking and real estate sectors...

NEW DELHI: The primary market is gearing up for significant activity this week, with three companies - Blackstone-backed Aadhaar Housing Finance, healthcare tech firm Indegene and travel distribution firm TBO Tech - set to launch IPOs, collectively aiming to raise around Rs. Have to raise Rs...

CHENNAI: The board of housing finance company Aptus Value has approved the issuance of non-convertible debentures worth up to Rs 2,250 crore, the Chennai-based company said on Saturday.Aptus Value Housing Finance India Ltd reported a 22 per cent rise in its profit after tax for the year ended...

A 60-year-old man was allegedly shot dead by his son over a dispute over Abu's residence in Medininagar (Jharkhand) in Palamu district. Police gave this information on Friday.Abua Awas is a housing scheme sponsored by the Government of Jharkhand.Chhatarpur sub-divisional police officer...

New Delhi: Realty firm Godrej Properties on Friday reported its highest-ever quarterly profit as March quarter income rose 14 per cent year-on-year to Rs 471.26 crore on the back of better income and strong housing sales.Its net profit in the same period a year ago was Rs 412.14 crore.Godrej...

Chennai, Housing finance company Aptus Value has reported 21 per cent rise in its profit after tax for the quarter ending March 31, 2024, at Rs 164 crore.The city-based firm had reported PAT of Rs 135 crore during the same period last year. For the year ending March 31, 2024, profit after tax...

Sydney, As home ownership falls further out of reach for many Australians, "renting" is being seen as a lifesaver.Rentvesting is the practice of renting a property to live in, as well as buying an affordable investment property elsewhere and leasing it out.Ideally, "rentinvestors" get the...

New Delhi: Realty firm Embassy Group on Thursday said its sales bookings grew 8 per cent to a record Rs 2,250 crore in the last financial year due to strong domestic demand.In a statement, the company said it achieved the best-ever performance for its residential business in the 2023-24...

New Delhi: Aadhar Housing Finance Ltd, backed by private equity major Blackstone, on Thursday said it has set a price range of Rs 300 to Rs 315 per share for its Rs 3,000 crore initial public offering.The initial share sale will be open for public subscription during May 8-10 and bidding for...

New Delhi, Aadhar Housing Finance Ltd, backed by private equity major Blackstone, is set to launch its Rs 3,000 crore initial public offering (IPO) on May 8.According to the Red Herring Prospectus (RHP), the initial share-sale will end on May 10 and bidding for Enco investors will open for one...

New Delhi: The Enforcement Directorate on Tuesday arrested Sikandar Singh, son of Haryana Congress ML Dharam Singh Chokkar, in a money laundering case related to alleged embezzlement of home buyers' funds, official sources said.He said that Sikandar Singh was detained under the Prevention of...

New Delhi [India], According to the latest findings of CBRE South Asia Pvt Ltd, the luxury real estate market in India has experienced an opposite trend across major cities during the first quarter of 2024. Ltd. While Delhi-NCR, Kolkata and Bangalore witnessed a significant decline in luxury...

MUMBAI: The Reserve Bank on Tuesday updated its "guidance note" on operational risk management for the financial sector, and extended it to NBFCs including housing finance companies.Commercial banks were included in the 2005 'Guidance Note on Operational Risk Management'.The Reserve Bank of...

New Delhi: Sales of housing units costing Rs 4 crore and above rose 1 per cent during January-March in seven major cities, according to CBRE.Real estate consultant CBRE South Asia released its report 'India Market Monito Q1 2024', which showed that the percentage share of luxury homes priced...

New Delhi: According to Anarock, rental yields in housing properties located in Gurugram and Noida have improved over the past few years and stood at 4.1 per cent and 3.7 per cent respectively during the latest March quarter.Rental yield is the annual return on investment (ROI) that investors...

RBI in its circular said that during onsite checks of regulated entities (banks, NBFCs and housing finance companies) for the period ending March 31, 2023, instances of lenders resorting to certain unfair practices in charging interest came to light. ,"Therefore, in the interest of fairness...

New Delhi, PNB Housing Finance on Monday reported a 57 per cent rise in its net profit to Rs 444 crore for the fourth quarter ended March 2024.The housing finance company had posted a net profit of Rs 283 crore in the same quarter a year ago.Total income during the quarter rose to Rs 1,806...

MUMBAI: Developers in Maharashtra will soon have to specify finer details about amenities in housing projects and a time frame by when they will be available for buyers to use, the state real estate regulator said on Monday.According to a statement, real estate watchdog, MahaRERA, has proposed...

New Delhi: Realty firm Macrotech Developers will increase its investment to more than Rs 5,000 crore this financial year on building projects in line with growth in sales and new supply, its MD and CEO Abhishek Lodha said.Macrotech Developers, which sells properties under the Lodha brand, aims...