Real Estate Stocks News
Aditya Birla Group Stock: Century Textiles surges 14% in 2 days; what’s behind the sudden spike?
Century Textiles’ shares surged 8.2 percent to ₹2,689 after acquiring land in Worli for ₹1,100 crore. This acquisition is projected to generate ₹14,000 crore in booking value, contributing to the company’s real estate expansion.
2 min read11 Sep 2024JM Financial bullish on Indian real estate, picks 3 stocks to buy including DLF
The brokerage has assigned a ’buy’ rating to DLF, Macrotech Developers, and Keystone Realtors. It has set a target price of ₹1,000 for DLF, indicating a 20% upside, ₹1,480 for Macrotech Developers, suggesting a 16% upside, and ₹895 for Keystone Realtors, signaling an upside potential of 16.5%.
3 min read28 Aug 2024Can this real estate stock be a potential 10-bagger?
A boom in the real estate sector can turn several stocks into multi-baggers.
3 min read27 Aug 2024Reliance Infrastructure launches new real estate subsidiary Reliance Jai Properties with ₹1 lakh initial capital
Reliance Infrastructure expands into real estate with new subsidiary Reliance Jai Properties. This strategic move taps into India’s booming property market, valued at $200 billion. With an initial capital of ₹1 lakh.
1 min read13 Aug 2024These five real estate stocks are poised to benefit from the revised rules on long-term capital gains tax
For property acquired before 23 July 2024, taxpayers will now be able to choose between 12.5% LTCG tax without indexation, or 20% with indexation. This is good news for both homeowners and real estate companies.
5 min read12 Aug 2024Nifty Realty falls 5% to hit 2-month low; stocks including Godrej Properties, Sunteck plummet up to 6%
The Nifty Realty index dropped 5.3% in today’s intraday trade, hitting a 2-month low of 981.95 points and extending its bearish trend for the fourth consecutive session. This decline marks the second-largest intraday drop in 2024 so far.
2 min read5 Aug 2024Gautam Adani plans mega entry into Delhi-NCR with Jaypee real estate bid
Adani group plans to put in a $1 billion bid for bankrupt Jaypee’s real estate assets. Some of Jaypee’s top projects include the 452-acre Jaypee Greens township; 1,063-acre Jaypee Greens Wish Town township, and Jaypee Greens Sports City along the Yamuna Expressway.
6 min read31 Jul 2024Budget 2024: Nifty Realty tanks after removal of indexation benefits; DLF top loser
Budget 2024’s removal of indexation benefits for property sales caused real estate stocks to drop, with Nifty Realty constituents like DLF, Sunteck Realty, and Godrej Properties falling 4-5%. The sector’s reaction highlights worries about higher tax liabilities and impact on investment returns.
2 min read23 Jul 2024Top four commercial real estate companies to keep an eye on
These are the leading entities driving innovation and growth in India’s dynamic leasing sector.
6 min read19 Jul 2024Q1 results preview: Real estate sector likely to post healthy growth in bookings, says MOSL; lists top picks
Domestic brokerage firm Motilal Oswal anticipates its coverage universe to report pre-sales of ₹286 billion in 1QFY25, reflecting a 79% year-over-year (YoY) increase and flat quarter-over-quarter (QoQ) performance.
3 min read10 Jul 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared