real estate news
Intraday Trading Picks: Vaishali Parekh Recommends Aditya Birla Real Estate, AU Small Finance Bank, and Nykaa
Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, recommends three stocks for intraday trading today: Aditya Birla Real Estate, AU Small Finance Bank, and Nykaa. Here are the buy, target, and stop-loss levels.
real estate news
Raheja Universal Reclaims Commercial Office Building in Mumbai's Kalina from HDFC Bank
Mumbai-based real estate developer Raheja Universal Pvt Ltd has reacquired a commercial office building in Kalina, Mumbai, from HDFC Bank Ltd for ₹211 crore, marking a strategic move in the city's bustling real estate market.
Real Estate Mumbai
Raheja Universal Reacquires Mumbai’s Kalina Commercial Building from HDFC for ₹211 Crore
Mumbai-based real estate developer Raheja Universal Pvt Ltd has reacquired a commercial office building in Kalina, Mumbai, from HDFC Bank Ltd for ₹211 crore, marking a strategic move in the city's bustling real estate market.
Real Estate
Raheja Universal Reacquires Commercial Office Building in Mumbai's Kalina for ₹211 Crore
Mumbai-based real estate developer Raheja Universal Pvt Ltd has reacquired a commercial office building in Kalina, Mumbai, from HDFC Bank for ₹211 crore. The property, known as Raheja Centre Point, was initially sold to HDFC in 2019-2020 for ₹167 crore.
Real Estate Mumbai
Raheja Universal Reclaims Kalina Office Property from HDFC for ₹211 Crore
Mumbai-based real estate developer Raheja Universal Pvt. Ltd. has repurchased a prime office property in Kalina from HDFC Bank Limited for ₹211 crore, marking a significant move in the Mumbai real estate market.
real estate news
Raheja Universal Regains Kalina Office Property from HDFC for ₹211 Crore
Real estate developer Raheja Universal Pvt. Ltd. has repurchased the Raheja Center Point office property in Kalina from HDFC Bank for ₹211 crore, reversing a previous sale.
Real Estate
Vedanta Seeks CCI Approval for ₹17,000 Crore Jaiprakash Associates Bid
Vedanta has submitted a bid of ₹17,000 crore for the acquisition of Jaiprakash Associates (JAL), which has interests in real estate, cement, hospitality, and EPC. The proposal includes ₹3,800 crore upfront and annual payments of ₹2,500–3,000 crore over the next five years.
real estate news
Global Central Banks Set to Adjust Rates: US Likely to Cut for First Time in 2025
A flurry of central bank decisions this week, including the Federal Reserve, Bank of Canada, Bank of England, and Bank of Japan, is expected to reshape global interest rates. The US is poised for its first rate cut since 2024, amid economic headwinds and political pressure.
real estate news
Supreme Court Warns Against Speculative Real Estate Investors
The Supreme Court of India has issued a strong warning against speculative investors in the real estate sector, emphasizing their detrimental impact on genuine homebuyers and the overall market.
Real Estate
Supreme Court Warns Against Speculative Investors in Real Estate
The Supreme Court has highlighted the misuse of insolvency proceedings in the real estate sector by speculative investors, cautioning that such practices can jeopardize the interests of genuine homebuyers.
real estate news
Supreme Court Restricts Speculative Investors from Misusing IBC
The Supreme Court has ruled that speculative investors driven by profit motives cannot misuse the Insolvency Bankruptcy Code (IBC) provisions. The court directed the Union Government to create a revival fund for stressed real estate projects.
Real Estate Maharashtra
Supreme Court Calls for IBC Overhaul and Revival Fund for Stressed Real Estate Projects
The Supreme Court has urged major reforms in the Insolvency and Bankruptcy Code (IBC) and the establishment of a revival fund to support stressed real estate projects. It emphasized that the Right to Housing is a fundamental right and called for comprehensive measures to protect homebuyers and the economy.
Real Estate
Supreme Court Declares Right to Housing as Fundamental Right Under Article 21
In a landmark judgment, the Supreme Court has declared that the right to housing is a fundamental right under Article 21 of the Constitution, urging the Union Government to create a revival fund to support stressed real estate projects and protect genuine homebuyers.
Real Estate
Former HDFC Bank Executive Buys ₹52.49 Crore Luxury Apartment in Mumbai’s Worli
Former HDFC Bank deputy managing director Paresh Sukthankar has made a significant real estate investment by purchasing a luxury apartment in Mumbai’s prestigious Worli area for ₹52.49 crore.
real estate news
Nifty Closes in the Green: IT Stocks Lead Gains, Auto Sector Sees Profit-Taking
The benchmark indices extended gains for a sixth straight session, supported by IT and PSU bank stocks, though the Nifty 50 failed to hold the 25,000 mark as auto names saw profit-taking.
Real Estate Mumbai
Equirus Capital Highlights Strong Growth in India's Real Estate Sector
Equirus Capital, a Mumbai-based investment banking firm, has reported significant growth across various real estate segments in India, driven by urbanization and steady investments.
Real Estate
Vedanta Outbids Adani with ₹4000 Crore Upfront Payment for JAL
Vedanta Limited has emerged as the top bidder for the debt-ridden Jaiprakash Associates Ltd (JAL) with a bid of ₹4000 crore upfront and the remaining balance to be paid over five to six years. The bid, valued at ₹17,000 crore with a net present value of ₹12,505 crore, marks Vedanta's strategic entry into the cement and infrastructure sectors.
real estate news
Vedanta Bids ₹4000 Crore Upfront for Jaiprakash Associates: A Strategic Move
Mining giant Vedanta Limited has proposed a ₹4000 crore upfront payment for the bankrupt Jaiprakash Associates Ltd (JAL), with the remaining balance to be paid over five to six years. This bid, with a net present value of ₹12,505 crore, has outshone rival Adani Group in the auction conducted by JAL’s lenders.
Real Estate Maharashtra
Ganesh Visarjan 2025: Banks to Remain Open in Mumbai on September 6
Maharashtra will celebrate Anant Chaturdashi on September 6, 2025, with grand Ganesh Visarjan processions in Mumbai and other regions. Despite the festivities, banks will remain open, ensuring financial operations continue uninterrupted.
Real Estate Mumbai
GST Reforms: A Step Towards Viksit Bharat, Boosting Economic Growth
The 56th meeting of the GST Council has approved significant reforms aimed at reducing tax burdens, simplifying compliance, and promoting economic growth. These reforms are expected to have a positive impact on the finance and banking sectors, making essential goods and services more affordable for low- and middle-income households.