Real Estate Sector

Macrotech Developers aims to raise Rs 2,500 crore through IPO; real estate firm issue opens on 7 April

The shares of the real estate firm, formerly known as Lodha Developers, will be offered at a price band of Rs 483-486; the proceeds from the IPO will be used to repay its Rs 1,500 crore debt as well as towards land acquisition and other corporate expenses

Maharashtra government slashes stamp duty to 2% till December to rekindle ailing real estate sector

Stamp duty is the transactional tax collected by the government on property purchases. Stamp duty collection is one of the largest contributors to a state's revenue

Coronavirus Outbreak: Cement demand to fall sharply this fiscal, says Crisil; could hit slowing realty sector further

The cement demand in India would contract by an unprecedented 20-25 percent this fiscal if the country is unable to contain the pandemic by May

Coronavirus Outbreak: How a prolonged shutdown will affect India’s salaried class, jobs, farm production, manufacturing

The government sector has been one of the drivers of the economy but will have to change track this year.

Housing sales bookings of top 9 listed realty firms up 2% at nearly Rs 5,800 cr in Q3; new launches halve in April-December period

The first three quarters of fiscal 2020 indicate that the overall sales bookings of the top 9 developers was close to Rs 16,500 crore as against Rs 15,730 crore during the corresponding period of the previous year.

PE investment in real estate up 3% at Rs 43,704 cr during 2019; fund inflow to retail, warehousing sectors registers rise too: Report

Greenfield Development refers to the real estate development of land not previously used for residential, commercial or industrial purpose.

Bengaluru, Mumbai to see healthy office rental growth in 2020 on IT industry demand: Report

The IT industry accounted for 35 percent of total transaction volume in the first half of 2019 across the top eight cities, which was most apparent within Bengaluru, which recorded an 14 percent rental rise in January-June (H1) 2019.

Real estate sector revival: Property market set for modest lift from govt's stimulus measures: Poll

The volume of cash transactions in India’s real estate sector remains very high

Economy in bad shape with everything from car sales, bank loans in doldrums, but stock markets on a strong footing; what gives?

A very small section of the stock market has been driving up the overall stock market

Tata Sons chairman N Chandrasekaran bats for privatisation of power discoms; says system bleeds, all deadlocks should be cleared

His comments come a day after a media report said that half of the thermal power plants in the country the largest source of power are shutting down.