Real Estate Mumbai
Adani Group Seeks Court Approval to Acquire 87 Sahara Properties
Indian billionaire Gautam Adani's property arm is seeking court approval to acquire 87 properties, including hotels and malls, from the distressed Sahara Group. This move could significantly bolster Adani's real estate portfolio and provide access to a vast land bank.
Real Estate
Adani Group Seeks to Acquire 87 Properties from Sahara Group to Expand Real Estate Portfolio
Indian billionaire Gautam Adani's property arm is seeking court approval to acquire 87 properties from the distressed Sahara Group, including hotels and malls, to bolster its relatively small real estate business.
real estate news
Adani Group Seeks to Acquire 87 Properties from Distressed Sahara Group
The Adani Group, led by billionaire Gautam Adani, is seeking court approval to acquire 87 properties, including hotels and malls, from the Sahara Group. This move aims to bolster Adani's relatively small real estate portfolio and strengthen its land bank.
Real Estate Mumbai
Indian Stock Markets See Correction as RIL and HDFC Bank Shares Sell Off
Benchmark indices Sensex and Nifty closed lower, ending a four-day rally, due to profit-taking in Reliance Industries and HDFC Bank. Auto, real estate, and banking sectors were the major laggards.
real estate news
Auto, Real Estate, and Banking Sectors Poised for Revival; FMCG Faces Temporary Slowdown
Market expert Nischal Maheshwari predicts a broad-based market revival, with automobiles, real estate, and banking sectors at the forefront. The auto sector is expected to benefit from anticipated GST cuts, boosting demand especially for four-wheelers. Real estate outlook is positive due to lower interest rates and government reforms. The banking sector shows promise, with IndusInd Bank, HDFC Bank, and Kotak Mahindra Bank poised for growth.
real estate news
GST Cuts to Boost Auto Demand: Real Estate, Trent, and Banks Poised for Comeback
The Indian market is poised for a broad-based revival led by automobiles, real estate, and select banking names. Market expert Nischal Maheshwari discusses the impact of GST cuts, reforms, and the outlook for various sectors.
Real Estate
DLA Piper Supports Cheyne Capital and Stanhope in £450 Million South Bank Office Development
DLA Piper has provided comprehensive legal support to Cheyne Capital and Stanhope plc for the acquisition and development of the Red Lion Court office site in South Bank, London. The project, known as Row One, will feature 235,000 sq ft of office space and 15,000 sq ft of retail and F&B areas.
real estate news
Indian Market Surges: SENSEX Gains 583 Points, NIFTY50 Holds 25000 Level
The Indian stock market witnessed a significant rise on October 6, with the SENSEX jumping 583 points and the NIFTY50 holding steady at the 25000 level. Strong performance in IT and banking sectors fueled the momentum.
Real Estate
Kerala Man Who Went to the USA to Become an Investment Banker Now Runs an AI-Trading Firm
Kerala native Joss Cardozs, who initially pursued a career in investment banking, now heads an AI-driven trading firm, HexaVentures, that allows fractional ownership of real estate and other assets.
Real Estate Pune
Maharashtra IGR Assures Banks on Legality of E-Registered Property Documents
Pune: Inspector General of Registration and Controller of Stamps, Ravindra Binwade, has assured banks and financial institutions that e-registered property documents are legally valid and secure. This move aims to streamline property transactions and boost confidence in the e-registration system.
Real Estate
Top Brokerages Highlight Axis Bank, Allied Blenders, and L&T: Price Targets and Sector Insights
Indian equity markets open cautiously as top brokerages release stock calls and sector insights, with a focus on banks, autos, and real estate.
Real Estate Mumbai
Mumbai Court Prioritizes Investors, Rejects SBI’s Plea to Seize Accused Firm’s Reserve Funds
The designated court under the Maharashtra Protection of Interest of Depositors (MPID) Act has ruled in favor of protecting duped investors, rejecting State Bank of India's (SBI) plea to seize over Rs 5.5 crore from a reserve fund to recover a loan from a company accused of fraud.
Real Estate
FORSA and Coldwell Banker Egypt Join Forces to Enhance Home Financing Options
GB Auto Group's FORSA app partners with Coldwell Banker Egypt to provide innovative and flexible financing solutions for home finishing and refurbishment.
Real Estate
CBI Empowered to Investigate Frauds in Real Estate and Banking Sectors
The Supreme Court has granted the CBI authority to investigate six more cases involving alleged fraud by banks and real estate developers. This decision could reshape the rules governing real estate financing and enhance accountability in the sector.
Real Estate
Supreme Court Greenlights CBI to Register Six More Cases Against Banks and Builders for Homebuyer Fraud
The Supreme Court has allowed the CBI to register six more cases against banks and real estate developers for defrauding homebuyers across multiple cities, including Mumbai, Bengaluru, Kolkata, Mohali, and Prayagraj.
Real Estate
UAE Launches $10B Real Estate Tokenization with Multibank and Mavryk Blockchain
Multibank and Mavryk secure $10M to tokenize $10B UAE real estate with blockchain, targeting prime Dubai and Abu Dhabi projects.
real estate news
PM Modi's Investment Portfolio: A Closer Look at His Wealth and Financial Decisions
Prime Minister Narendra Modi has a total wealth of ₹34.3 million, primarily invested in Bank Fixed Deposits (FD) and National Savings Certificates (NSC). His investments have more than doubled in the last 11 years.
Real Estate
Banks Target Luxury Home Loans to Boost Mortgage Growth
Banks in India are increasingly focusing on the luxury real estate market to drive mortgage growth, offering bespoke loan products to affluent buyers.
Real Estate
Nifty Surges Above 25,300; Sensex Reaches 82,700: LIVE Stock Market Updates
The Nifty index has surged above the 25,300 mark, while the Sensex is up over 300 points, hitting the 82,700 mark. PSU bank stocks are performing well, with Bank of Maharashtra up 3%.
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.