Real Estate Mumbai
Puravankara Shares Surge 4% on Winning Mumbai Redevelopment Project
Puravankara Limited's shares saw a significant 4.4% increase on Wednesday, driven by the company's successful bid to redevelop eight residential societies in Chembur, Mumbai. The redevelopment project, with a total development potential of over 1.2 million square feet, is expected to contribute to the company's growing footprint in the western region.
Real Estate
Raymond Realty: Ready to Walk Away from Redevelopment Deals if Not Viable
Raymond Realty, led by CMD Gautam Singhania, emphasizes financial prudence in redevelopment deals, aiming for at least 20% margins. The company is set to list and is expected to have a market capitalization of Rs 8,000 to 12,000 crore.
real estate news
EFC (I) Limited Nears 52-Week High with Rs 57 Crore Interior Contract Win
EFC (I) Limited has secured a Rs 57 crore interior and fit-out contract from a leading multinational corporation, pushing its stock price close to its 52-week high. The company, with a market capitalisation of Rs 3,176 crore, has delivered a 15.36% return over the past year.
real estate news
Kalpataru IPO Launch: Real Estate Giant Seeks to Raise Rs 1,590 Crore
Mumbai-based real estate firm Kalpataru is set to launch its IPO from June 24 to June 26, aiming to raise Rs 1,590 crore. The price band is set between Rs 387 and Rs 414 per share.
real estate news
India's REIT Market: Enormous Potential in Office Spaces
India's real estate investment trusts (REITs) have shown significant growth since their launch in 2019, with only 23% of the total REIT-worthy office stock currently listed, indicating vast potential for future expansion.
real estate news
DLF Ltd. Achieves Record Sales with 1,164 Luxury Apartments Sold for ₹11,000 Crore
Real estate giant DLF Ltd. has sold all 1,164 luxury apartments in its new project, DLF Privana North, for approximately ₹11,000 crore within a week of launch. This marks a significant milestone in the luxury real estate market of Gurugram.