Nifty Realty down 7% from peak. Can property stocks buck sectoral churning to remain on top?
One of top performing sectors for more than a year, realty, is off its high point. Nifty Realty index, which represents a pack of top 10 real estate stocks, has declined 7% over the last three months, thanks to the election season which has slowed project approvals and launches. As markets are on a lookout…
READ MOREproperty prices: Housing sales across Indiaβs top 7 cities expected to witness double digit growth in FY25
MUMBAI: The residential sales across Indiaβs top seven cities are expected to witness double digit growth in 2024-25. The area sold in Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru, Hyderabad, Pune, Kolkata, Chennai is likely to increase 10-12% to 785-800 million sq ft in the current financial year, on a high base of…
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Q1 results today: Bharti Airtel among 109 companies to announce earnings on Monday
The first quarter earnings season is underway and as many as 109 companies will announce their numbers on Monday. Key results to watch out for include that of Airtel, Marico and ONGC. Apart from the above, companies like ACS Technologies, Andhra Paper, BEML, Avanti Feeds, Bharti Hexacom, Brigade Enterprises, Exicom Tele Systems, Genus Prime Infra,…
READ MOREBrigade Enterprises to invest Rs 8,000 cr in Chennai by 2030 to build homes, offices, malls, hotels
Bengaluru: Realty firm Brigade Enterprises Ltd on Wednesday announced an investment of Rs 8,000 crore in Chennai property market for development of housing, commercial and hotel projects. In a regulatory filing, Brigade informed that “the company has planned an investment of over Rs 8,000 crores by 2030 in Chennai to expand its business in the…
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