Gold
DLF unveils Rs 200 bn residential project lineup across key cities
DLF's Q4 FY24 Net Profit Surges
DLF, one of India's leading real estate developers, has announced a significant surge in its net profit for the fourth quarter of fiscal year 2024, marking a substantial growth of 61.49%. This robust financial performance underscores DLF's resilience and effective management amidst challenging market conditions.
The surge in net profit reflects DLF's successful implementation of strategic initiatives and prudent financial management, contributing to its bottom line growth. The company's ability to adapt to evolving market dynamics and capitalise on emerging opportunities has played a p..
DLF Sells Apartments Worth ?5.59 Billion
DLF Limited, one of India's leading real estate developers, has achieved a remarkable feat by swiftly selling apartments worth a staggering Rs 5,590 crore within days of their launch. This unprecedented success not only underscores DLF's prowess in the real estate sector but also highlights the resilience and vibrancy of the Indian property market.
The recent surge in demand for DLF's residential projects reflects the growing confidence of homebuyers in the company's offerings. Despite the challenges posed by the pandemic, DLF has demonstrated its ability to adapt and thrive in a rapid..
DLF Sells 800 Apartments in Privana West
DLF, one of India's leading real estate developers, has achieved a significant milestone by selling out 800 apartments within a week in its residential project, Privana West. This achievement underscores the robust demand for quality residential properties in the Indian real estate market.
Privana West, located in Gurugram, Haryana, offers a blend of modern amenities, strategic location, and spacious living spaces, making it an attractive choice for homebuyers. The project's success can be attributed to various factors, including DLF's strong reputation for delivering high-quality deve..
Q4 profit: Keystone Realtors' profit falls 60%
A 60 % fall was seen in realty firm Keystone Realtors Ltd net profit to Rs 0.3 billion for the March quarter. Last year in the same period. The company?s net profit stood at Rs 0.76 billion.
In addition, total spending increased to Rs 7.81 billion from January to March of the previous fiscal year from Rs 2.71 billion the previous year. In the fourth quarter of the most recent fiscal year, total income increased to Rs 8.26 billion from Rs 3.57 billion during the same period the previous year.
The company's net profit increased to Rs 1.12 billion in the 2023?24 fiscal year from Rs..
Brookfield India Real Estate Trust will acquire a 50% stake
50% of the four Grade A assets from Bharti Enterprises (Bharti) will be acquired by Brookfield India Real Estate Trust (BIRET) as per an agreement between the two. The 3.3 million square feet of commercial real estate included in the deal have an enterprise value of about Rs 60,000 million. The whole equity payment for the 50% interest would be satisfied by giving Bharti first dibs on BIRET units, which are valued at Rs 300 each. After that, Bharti will retain an 8.53% ownership position in BIRET, making it the second-largest unitholder.
The portfolio of properties consists of the op..
