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TCS, RIL drive market to record close; Sensex up 286 pts, Bank index above 27K

2018-01-22 moneycontrol
The party continued at Dalal Street which showed the bulls are not ready to give up as benchmark indices scaled to fresh record closing high on Monday, driven by TCS and Reliance Industries. (40-0)

Corporate developers look to make the most of RERA regime

2018-01-18 livemint
Mumbai: Corporate real estate developers, some of them new entrants, are chalking out expansion plans to take advantage of a changing regulatory environment amid rising distressed assets in the realty market.

Piramal arm ties up with Omkar Realtors for Mumbai project

2018-01-15 livemint
Bengaluru: Piramal Realty, the real estate development arm of Piramal Group, has entered into a development agreement with Omkar Realtors and Developers Pvt. Ltd for a 12-acre project in Mahalaxmi, a prime location in Mumbai. (55-0)

Rally in realty stocks just a catch-up game

2018-01-10 thehindubusinessline
Real estate stocks underperformed banking, housing finance companies and the benchmark index during 2011-2016. As if subdued buying sentiments due to high interest rates and property prices were not enough, demonetisation hit the sector very hard. As a result, the Nifty Realty index has given negative return of 10 per cent in the said period, while Nifty 50 climbed 77 per cent and the Bank Nifty more than doubled.

Market Update: 104 stocks hit new 52-week high, Unitech zooms 20%; Sun Pharma, Airtel top gainers

2018-01-01 moneycontrol
The Indian benchmark indices on the first day of the new year were trading flat with the Sensex adding 12 points and was trading at 34068 while the Nifty was flat at 10530. (7-0)

Market Update: Nifty Realty outperforms as Unitech zooms 13%; LT, SBI top gainers, RComm down 2%

2018-01-01 moneycontrol
Welcoming 2018, the Indian benchmark indices on the first day of the new year were trading on a positive note on Monday with the Sensex adding 23 points and was trading at 34080 while the Nifty shed 1 point and was trading at 10529. (8-0)

Godrej Properties Limited - Amalgamation/Merger

2017-12-26 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

Godrej-Vora Soap deal: Eyes on subsidiaries

2017-12-13 thehindubusinessline
The board of Godrej Industries will meet on Thursday to approve the scheme of amalgamation of Vora Soaps with itself. VSL holds 57.66 per cent of the equity share capital of Gujarat Industries, which will get cancelled pursuant to the amalgamation. The merger will result in reduction of a layer of company in the holding structure and enhance flexibility for its listed subsidiaries - Godrej Properties and Godrej Agrovet - to incorporate or acquire new subsidiaries.

Godrej Industries board to meet on 14 December over Vora Soaps merger

2017-12-12 livemint
New Delhi: Godrej Industries on Tuesday said its board will meet later this week to consider merger of promoter group firm Vora Soaps with the company.

Action against Unitech a wake-up call for realtors

2017-12-08 business-standard
The government’s seeking to take over embattled real estate developer Unitech would send a strong message to the industry, developers said.   “It is a wake-up call for all corporates to not do business at the cost of customers, shareholders and vendors,” said J C Sharma, vice-chairman and managing director of Bengaluru-based realty developer Sobha.   “It will send a message to the industry that if you mismanage your company you will lose it,” said an executive with a Delhi-based real estate company. (8-0)

Entering Noida mkt a big step; next 2 decades good for real estate: Godrej Prop

2017-12-07 moneycontrol
Godrej Properties had a strong Q2 both in terms of income statement, operations and pre-sales. In an interview with CNBC-TV18, Pirojsha Godrej, Executive Chairman of the company shared his views and outlook on how Q3 is shaping up.

Minimum holding norm for mid-cap MFs can bring ₹19,000 cr into market: CLSA

2017-12-01 thehindubusinessline
Watch out for mid-cap companies such as Godrej Properties, Crompton Consumer, Astral, Jubilant and Arvind, says CLSA Asia Pacific Markets in a report in the light of SEBI’s recent move on classification and minimum investment requirements.

Market Update: Nifty Realty outshines as 101 stocks hit new 52-week high; Axis falls 1%, HDFC most active

2017-11-29 moneycontrol
The Indian benchmark indices on Wednesday afternoon were trading on a positive note with the Nifty up 9 point or 0.09 percent while the Sensex added 38 points at 33654. (18-0)

Market Update: Sobha zooms over 9% as Nifty Realty outperforms; Coal India, ONGC top gainers

2017-11-29 moneycontrol
The Indian benchmark indices on Wednesday morning were trading flat with the Nifty up 1 point or 0.01 percent while the Sensex added 2 points at 33625. (18-0)