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Conglomerate, ARC, developer make shortlist for distressed realty firm HDIL

Infrastructure

04 August, 2020

Conglomerate, ARC, developer make shortlist for distressed realty firm HDIL

A diversified conglomerate, an asset reconstruction company and a real estate developer have been shortlisted from six suitors for Housing ......

Police probe management of Punjab and Maharashtra Co-operative Bank

Finance

01 October, 2019

Police probe management of Punjab and Maharashtra Co-operative Bank

Indian officials registered a police complaint against the senior management of Punjab and Maharashtra Co-operative Bank (PMC) on Monday for ......

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Andhra Bank files bankruptcy case against Mumbai realtor

Infrastructure

30 October, 2017

Andhra Bank files bankruptcy case against Mumbai realtor

Public sector lender Andhra Bank Ltd has moved the Mumbai bench of the National Company Law Tribunal, the designated court ......

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Realty firms see sharp decline in profits in Q3

Infrastructure

19 February, 2014

Realty firms see sharp decline in profits in Q3

Realty firms in the country continue to be under pain with majority of large public-listed developers, including the top three ......

Top realtors register muted revenue growth in first quarter

Infrastructure

14 August, 2013

Top realtors register muted revenue growth in first quarter

Top realtors in the country recorded muted single-digit revenue growth with a majority of them seeing pressure in earnings for ......

HDIL sinks into loss in Q4 as MIAL terminates mega slum rehabilitation project in Mumbai

Infrastructure

29 May, 2013

HDIL sinks into loss in Q4 as MIAL terminates mega slum rehabilitation project in Mumbai

Mumbai-based realtor Housing Development and Infrastructure Ltd (HDIL) posted massive loss in the fourth quarter ended March 31, 2013 as ......

The asteroid that hit Mumbai-based realtor HDIL

Infrastructure

21 March, 2013

The asteroid that hit Mumbai-based realtor HDIL

Housing Development and Infrastructure Ltd (HDIL), at one point of time the third largest Indian real estate firm by market ......

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Large Mumbai realtors revive fresh residential projects, prices continue to move up

Infrastructure

05 September, 2012

Large Mumbai realtors revive fresh residential projects, prices continue to move up

Top real estate developers in Mumbai are reviving their new residential projects after a hiatus as they feel demand is ......

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Debt mountain, spiralling costs rap realty sector

Infrastructure

08 June, 2012

Debt mountain, spiralling costs rap realty sector

As construction costs spiral and inventories pile up, realty sector profits and revenues are taking a jolt, with a mountain ......

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HDIL looking to sell off land assets to pare debt

Infrastructure

30 May, 2012

HDIL looking to sell off land assets to pare debt

Housing Development and Infrastructure Ltd (HDIL), the Mumbai-based real estate company headed by Sarang Wadhawan, is looking to sell off ......