Realty Index
While the benchmark Sensex — which has hit several all-time highs — has risen just 3.6 per cent, in the past month, the BSE realty index rose around 12 per cent. In the last one month, the realty stocks have been rising on the hope of revival of the economy. HDIL rose around 53 per [...] Continue Reading »
The revenues of 25 listed realty companies in Bangalore have witnessed a downfall due to less number of sales. There was 9.3 per cent fall in revenue in the last quarter of 2011. According to a report by Knight Frank India, a real estate consultancy, buyers showed less interest in buying properties as the interest [...] Continue Reading »
The execution of projects and sales bookings had improved for the real estate firms in the quarter ended March (Q4) than in the preceding three months. The real estate companies struggled to improve the sales and profit in 2011-12 as the economy slowed. The realty index on BSE has dropped nearly 24% in the past [...] Continue Reading »
Real estate in metros are witnessing some activities than other areas. The rate of index of the real estate companies in the stock market are not showing much change. Some bigger brands in real estate like DLF and Unitech planned to sell of their non core assets to reduce the debt amount. The realty market [...] Continue Reading »
The Bombay Stock Exchange Realty Index reported a loss of 28 percent in 2011. According to an official this loss in index happened due to high borrowing by the developers. With the debt rate going high the sale of apartments also reduced tremendously in the last few quarters. The Real Estate market is expecting some [...] Continue Reading »
