Page 2 - Real Estate Stocks

Suraj Estate stock rallies 9% on healthy outlook; up 101% in one month

Brokerage firm Nuvama Wealth and Investment has initiated coverage on Suraj Estate with a 'BUY' rating and a target price of Rs 757, valuing the stock at 1.4x FY26E NAV.

Real estate stocks strategy: Do not cash out fully, say analysts

residential sales across the top seven cities (National Capital Region, Mumbai Metropolitan Region, Bengaluru, Pune, Hyderabad, Chennai and Kolkata) slipped 8 per cent quarter-on-quarter in Q1-FY25

Puravankara hits 52-week high on acquiring 7-acre land parcel in Bengaluru

The uptick in stock price came after the company announced that it has acquired a 7-acre land parcel in Hebbagodi, Bengaluru

Godrej Properties jumps 5% on upbeat sales in Bengaluru; stock at new high

The company announced that it has sold over 2,000 homes worth over Rs 3,150 crore in its project, Godrej Woodscapes, located in Whitefield-Budigere Cross, Bengaluru.

Prestige Estates up 3% after board okays fundraising of Rs 5,000 cr via QIP

The uptick in share price came after Prestige Estates announced that its board has approved fundraising of up to Rs 5,000 crore via qualified institutional placement (QIP)

Puravankara hits 52-week high as board approves fund raise of Rs 1000 cr

Shares of real estate firm Puravankara reached their 52 week high at Rs 449 per share, rising 3.2 per cent on the BSE in Friday's early morning trades

Realty shares rally up to 8%; Sobha, Lodha, Godrej, Prestige hit new highs

Sobha share price hit a new high of Rs 2,220 as it rallied 8 per cent after the company's board approved the offer and issuance of equity shares for Rs 2,000 crore through a rights issue

Rate sensitive shares trade firm as RBI keeps repo rate unchanged at 6.5%

At 10:40 am; Nifty Bank, Nifty Financial Services, Nifty Private Bank, Nifty PSU Bank, Nifty Auto and Nifty Realty index were up in the range of 0.60% to 1.07%.

Real Estate shares rally on Modi 3.0 boost; Nifty Realty index soars 6%

According to analysts, the BJP's manifesto mentioned affordable housing as one of the key focus areas, among others, which could keep real estate players in the pink of their health

DLF sells all 795 flats for Rs 5.6K cr in Gurugram within 3 days of launch

Realty major DLF on Thursday said it has sold all 795 apartments for Rs 5,590 crore within three days of the launch of its new luxury housing project in Gurugram amid strong consumer demand. In a regulatory filing, the company informed the success of its latest luxury residential project 'DLF Privana West' "achieving a remarkable sellout valued at approximately Rs 5,590 crore, within 3 days." The new project is spread over 12.57-acre comprising 795 apartments. In January this year, the company had sold 1,113 luxury apartments in Gurugram for Rs 7,200 crore within three days of the launch of its project 'DLF Privana South', which is spread over 25-acre. Both 'DLF Privana West' and 'DLF Privana South' are part of 116-acre 'DLF Privana' township located in Sector 76 and 77. Aakash Ohri, Joint Managing Director and Chief Business Officer, DLF Home Developers Ltd, said, "After the overwhelming success of DLF Privana's inaugural project DLF Privana South, 'DLF Privana West' emerges as t

BSE Realty index down 1.5% in a firm market; Godrej Properties weighs

Real-estate stock update: Realty stocks were witnessing some profit-taking on Thursday, as the BSE Realty index has rallied over 23 per cent so far in 2024.

Godrej Properties surges 8%, hits new high on strong Q4 business update

The company reported highest-ever quarterly sales announced to date by any publicly listed real estate developer in India

Nifty Realty hits fresh 16-yr high; surges 7% in 2 days on healthy outlook

Meanwhile, thus far in the calendar year 2024, the Nifty Realty index has surged 21 per cent, as compared to 2 per cent rise in the benchmark index.

Prestige Estate Projects soars over 9% on securing landmark funding

Prestige Group has inked a landmark deal with Abu Dhabi Investment Authority (ADIA) and Kotak AIF for Rs 2,001 crore investment.

77% of investment in Indian real estate in 2019-23 by foreigners: Report

Global investors have 'consistently infused' average of $4 bn annually in the last five years, it says

Indiabulls Real Estate dips 13% on MIDC order to vacate land in Nashik

The realty firm believes that the said order to be unlawful and was evaluating legal options to defend itself, including filing of an appeal in Court.

Rate sensitive shares trade mixed post RBI policy; SBI surges 6%

The Reserve Bank of India's Monetary Policy Committee (RBI MPC) on Thursday decided to keep the repo rate unchanged at 6.5 per cent for the sixth consecutive time.

Strong launch pipeline factored into realty major DLF's valuations

The rental income in DCCDL's commercial portfolio increased by 8 per cent YoY to Rs 1,100 crore with a 21 per cent rise in retail income

Weaker than expected bookings in Q3, valuations to weigh on Oberoi Realty

While this was up 25 per cent as compared to the year-ago quarter, it was down 18 per cent on a sequential basis despite a new launch

TMS Ep605: Pilot fatigue, PV inventory, real estate stocks, stock split

How can Indian airlines balance pilot fatigue and profits? Are India's auto dealers facing a problem of plenty? Is it time to book profit in real estate stocks? What is a stock split? All answers here