Real Estate Maharashtra
India's Real Estate Crisis: Home Sales Plunge 19%, Projects Halted, and Jobs at Risk
The Indian real estate market is facing a significant downturn, with home sales declining by 19% as buyers vanish, leading to halted projects and job losses. Lenders like SBI, Bank of Maharashtra, and Bank of India are responding by reducing their lending rates to stimulate the market.
Real Estate Pune
India's Real Estate Crisis: Home Sales Plunge 19%, Projects Stalled, and Jobs at Risk
India's real estate market is facing a significant downturn, with home sales plummeting by 19% as buyers pull back from property purchases. Cities like Ahmedabad, Hyderabad, and Pune are among the worst hit. The housing slump has affected almost every major city, with Mumbai also feeling the impact.
Real Estate
Omaxe's Share Price Plummets to New 52-Week Low Amid Rising Losses
NEW DELHI: The share price of real estate company Omaxe has hit a new 52-week low of Rs 71.81 per share, amidst growing financial losses and declining market confidence.
real estate news
Omaxe's Share Price Plummets: A 52-Week Low Amid Rising Losses
Omaxe's stock hit a new 52-week low on Friday, opening at Rs 74.75 per share and dipping further during the trading session. This decline comes amid increasing financial losses for the real estate firm.
real estate news
Sunac China Forecasts Significant Losses for 2024
Sunac China, a prominent real estate developer, is bracing for substantial financial losses in 2024, signaling the ongoing challenges in the Chinese property market.
Real Estate Maharashtra
MSRTC Losing Rs 3 Crore Per Day Due to Discounts for Women and Elderly: Minister Pratap Sarnaik
The Maharashtra State Road Transport Corporation (MSRTC) is incurring significant financial losses due to the concessions provided to women and the elderly. Minister Pratap Sarnaik has highlighted this issue, emphasizing the need to address the financial