Pandey stated that the company received fresh projects totaling ₹8,425 Crore during the initial nine months of the current fiscal year.
The sale, set to begin on March 7 through open market transactions, may occur in single or multiple tranches
MIDC's order instructs both entities to vacate the land within one month
The land parcel situated in Noida Sector 44 will be developed by a developer based in Mumbai for residential group housing.
Demand resilience in the residential markets is likely to continue for at least the next two to three years: Anuj Puri, Founder and Chairman, ANAROCK
The fundraising comes amid a 46% surge in DB Realty's stock price since the beginning of the year, reaching ₹267.70, and a fourfold increase over the past 12 months
In an exchange filing, DLF highlighted the robust demand across its projects in Gurugram, which were completely sold out
The acquired land has a potential saleable area of around 1.5 million square feet for residential development
The company's net profit fell by 70% on a QoQ basis.
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