Fiscal year
India’s biggest real estate firm DLF has revealed in its latest financial report that it witnessed a 7 percent increase in sales bookings, to Rs 4,070 crore, in the last fiscal year which ended in March 2014. In comparison, in the previous fiscal year which ended March 2013, the company’s sales bookings had increased Rs [...] Continue Reading »
The total income from operations stood at Rs 149.77 crore for the quarter, as compared to Rs 113.64 crore for the corresponding period of last fiscal year, an increase of 31.8%.Repco home finance Ltd has posted an increase of 13.7 per cent in net profit at Rs 31.49 crore for the quarter ended March 31, [...] Continue Reading »
The Pune Municipal Corporation (PMC) has recovered the highest property tax ever Rs94 crore for this fiscal year. The city civic body had property tax dues worth Rs428 crore from 40,000 owners. The property tax defaulters include central and state government establishments, religious places, individual property owners and educational institutes. Midst these the residential and [...] Continue Reading »
Sobha Developers, a Bangalore based real estate developer is eyeing on more revenue in 2011-12. As per report, they are expecting a revenue of Rs 1,500 crore from their sales in the fiscal year 2011-12. The company has already sold 818,935 square feet in the fourth quarter of October- December 2011 at Rs 5,475 per [...] Continue Reading »
Indore Municipal Corporation (IMC) is all geared up to collect more property tax than last financial year! As against last years’s Rs 172 crore collection, the civic body is expecting a whopping Rs 250 crore as tax this fiscal year. It has managed to collect around Rs 150 crore this year against last year’s Rs [...] Continue Reading »
Mumbai government is shocked and worried to see a major slump of real estate for the fiscal year 2011. The overall revenue target for the current fiscal account has been reporting a major drop down. The eastern suburbs have traced a major drop in the real estate transactions. Rising property rates, inflationary pressures and constant [...] Continue Reading »
In Jamshedpur, Vishal Gupta the managing director of Ashiana Housing Ltd a mid-level builder reported saying that the July figures were quite impressive with 1.65 lakh sq ft area that was booked though they were in the apprehension that they would not meet the expected financial figure this year and also falling finanacial year because of the [...] Continue Reading »
