Page 2 - Prachi Pisal

Mumbai, Delhi rank among top 5 APAC mkts for prime residential price growth

Mumbai recorded an 11.5 per cent YoY increase in luxury property prices in Q3 2024, ranking as the 14th most expensive APAC prime residential market

Raymond receives NOC from exchanges for demerger of its realty business

After the demerger, the resulting company, Raymond Realty Limited (RRL), will be listed on both stock exchanges after obtaining the necessary approvals

PNC Infratech gets NHAI nod to transfer 100% stake in road assets to HIT

Earlier, during its annual general meeting on September 28, 2024, the company had approved the sale of 12 road assets

Maharashtra Assembly elections: Mumbai's industry leaders turn up to vote

Overall, voting in 288 constituencies across the state was carried out with over 100,000 polling stations. As of October 30, 2024, the state's total eligible voters stood at over 97 million

Adani Infra to pick 30% stake in PSP Projects, make an open offer

The company was involved in the construction of the Surat Diamond Bourse, the world's biggest office complex, with a contract worth Rs 1,575 crore and 66 lakh square feet of built-up area

Hyderabad shines as fastest-growing city driven by real estate growth

Bengaluru tops in terms of socioeconomic performance; Delhi NCR leads in physical infra

RMZ, Colt DCS to invest $1.7 billion in Indian data centre market

The data centres will have a combined capacity of approximately 250 MW on completion

Power and Pawars: Behind coin-toss electoral showdown in sugarland

Pune's sugar mills shape local politics and elections; a number of prominent candidates in the region are tied to such factories. Prachi Pisal reports from the ground

Reliance Power, R-Infra reconstitute boards with four new directors

The companies elevated their four senior officials to the board

Listed REITs disburse over Rs 2,700 crore in H1 FY25, up 14%: IRA

A REIT owns, operates, or finances real estate properties that generate income and allows investors to invest in real estate without having to buy and manage properties directly

Maharashtra polls: Ladki Bahin throws a lifeline but inflation haunts women

How crucial is the Ladki Bahin Yojana for women in the state as rising costs and populist promises shape election decisions?

Dharavi redevelopment project caught in Maharashtra's poll crossfire

Oppn parties threaten to scrap India's largest real estate redevelopment project

Brigade Enterprises Q2FY25 results: Reports 46% increase in sales value

The company's revenue, however, declined by 19 per cent on an annual basis

Dilip Buildcon Q2 results: Net profit rises threefold to Rs 235 crore

However, the company reported a decline in its revenue from operations

Nexus Select Trust Q2FY25 results: Net operating income rises 5%

The REIT also declared a distribution of Rs 304.1 crore, or Rs 2.01 per unit, to its unitholders

Sunteck Realty Q2FY25 results: Pre-sales grow 32% to Rs 524 crore

The company's revenue from the quarter's operations also grew sixfold to Rs 169.04 crore

JSW Defence partners with Shield AI, to invest $90 million in 2 years

The partnership aims to indigenise and manufacture Shield AI's V-BAT, a Group 3 Unmanned Aerial System (UAS)

More investor education about REITs is needed: Certus Capital founder

He talks about the sector's prospects, including the performance of real estate investment trusts (REITs) and the country's real estate debt investment market

Equity is the most preferred asset class by HNIs and UHNIs: Report

Interestingly, HNIs and UHNIs over the age of 60 were found to be less worried than the younger generation that is yet to reach 40 years of age

House of Abhinandan Lodha buys over 352 acres in key cities for Rs 3,000 cr

The acquisitions are said to be part of the company's national expansion plans