Chennai Corporation on recently sealed about 20 premises, including popular commercial complexes, in the commercial hub of the T. Nagar dealing with textiles and jewellery for allegedly constructing unauthorised portions. Notice
Violations in T. Nagar included construction o…
Delhi Govt Hikes Circle Rates By 15 to 250%
Property prices in India's capital Delhi are set to zoom as Delhi government on recently hiked the circle rates by up to 250 %t to check black money in sale and purchase transactions. This is the second such hike in circle rates the minimum valuation of land and immova…
Today's Investing Mantra - Seth Klarman
"You can wait for opportunities that fit your criteria and if you don't find them, patiently wait. Deciding not to panic is still a decision." - Seth Klarman
BAI - Chennai: Property Exhibition in December
The BAI (Builders Association of India)- Southern Centre plans to organise a 3 day property exhibition, House Hunt – Expo 2011 December 2-4, 2011.
The exhibition is to be supported by leading financial institutions and Developers.
A seminar on urbanisation issues and ex…
Home Loan Agreement Documentation : RBI's Explanation
The Housing loan agreement documentation is very important. It runs into about 50 pages and its language is complex. If you thought everyone signs the same agreements with the bank,
Here we ''My Reality India" gives RBI's (Reserve Bank of India) Explanatio…
‘Vegetarian only' flats in Mangalore
Mangalore based developer, Vishwas Bawa Builders had launched 'Vegetarians Only' apartment project a year ago. Following the response for this ‘Vegetarians Only' apartment project, the company has launched one more such project in Mangalore recently. ‘Vishwas A…
Indian Real Estate shares – Intraday Tips For 1 November 2011
Recommendations for 1 November 2011 Scrip Trigger Price Stop Loss Target 1 Target 2 DLF BUY ABOVE 244.60 242.40 247.30 251.00 SELL BELOW 239.75 241.90 237.10 233.55 Top of Form Bottom of Form Scrip Trigger
Share Review – CCCL
CCCL (Consolidated Construction Consortium Ltd.) posted a dismal set of
numbers once again for 2Q FY 2012. The company’s top line grew by 9.5% yoy to
Rs.535.8 cr (Rs.489.5 cr), above our estimate of Rs.465.0 cr.
However, a major disappointment came on the margin front, as …
Share Review - JK Lakshmi Cement
During 2Q FY 2012, JKLC (J K Lakshmi Cement ) reported 33.2% yoy top-line growth
to Rs. 354 cr. The company’s dispatches rose by healthy 29.9% yoy to 1.13 mn tonnes
and realization improved by 2.5% yoy to Rs.3,142/tonne.
JKLC’s operating margin improved by 1.21% yoy to 11…
Edelweiss Housing Finance expands into South India
Edelweiss Housing Finance( EHFL) is set to expand its presence in the South India with a presence in Tamilnadu capital Chennai by the year end, 2011.
Mr Anil Kothuri, CEO, Edelweiss Housing said, "We recently opened an office in Bangalore, is to enter Hyderabad next, a…
