Latest Updates Around The World
Real estate stocks fell as much as 5% on Tuesday, amid a carnage in the IT sector, which is facing an existential crisis in AI-led challenges. India’s technology sector is among the top employers and is linked to the demand for commercial real estate and urban housing.The Nifty Realty index fell 3% today to touch […]
Real estate stocks fell 10% intraday, continuing their lackluster pre-budget show, likely disappointed by the lack of any big-ticket announcement for the sector. The Nifty Realty index fell 4.6% with nine scrips in the 10-share index trading in the red after the Budget 2026 speech.The biggest intraday losers included Lodha Developers and Prestige Estates Projects, […]
Real estate developer Lodha Developers has reported a consolidated net profit of Rs 960 crore for the quarter ended December, up 1% from a year ago. Revenue from operations for the quarter grew 14% year-on-year to Rs 4,670 crore.After excluding land sales last year, the company’s turnover and net profit increased by 29% and 49%, […]
Real estate firm Lodha Developers Ltd acquired five plots of land in Mumbai, Delhi-NCR and Bengaluru in the last quarter to develop projects with an estimated retail value of nearly Rs 34,000 crore.Mumbai-based Lodha Developers Ltd, which sells properties under the Lodha brand, acquires plots through direct purchases and partnerships with landowners to create a […]
Motilal Oswal Financial Services has identified 30 companies that it believes could benefit most as India enters its next multi-decade growth era. The broker expects India’s gross domestic product to rise from $4 trillion today to over $16 trillion by 2042, driven by steady domestic demand, a young demographic, rising productivity and a sustained investment […]
Real estate firm Lodha Developers Ltd plans to launch 15 housing projects worth Rs 14,000 crore in the second half of the current fiscal to expand its business.Mumbai-based Lodha Developers is one of the leading real estate companies in the country. It sells properties under the Lodha brand. According to the latest investor presentation, Lodha […]
Lodha Developers has registered pre-sales of Rs 4,570 crore for the quarter ended September, up 7% from a year ago, marking its highest ever performance in the second quarter. The listed company’s net profit rose 87% to Rs 790 crore, while profit margin increased to 20.4% from 15.8% a year ago. Operating income rose 45% […]
