Author: xperthomez

Realty major DLF Ltd on Monday reported a consolidated net profit of ₹337.17 crore for the quarter ended June 30. This was lower than the net profit of ₹477.41 crore recorded in the January-March quarter. However, the latest bottomline performance was much better than that of the first quarter last year, when the company ...

Banks and other financial institutions have an exposure of $100 billion to real estate sector, of which 67 per cent are safe while the remaining loans are under pressure or severely stressed, according to real estate consultant Anarock. “At least 67 per cent (or approximately $67 billion) of the total loan advances ($100 billion) ...

Housing Development Finance Corporation Ltd (HDFC) and IFC have partnered to promote affordable green housing finance for low income borrowers in the country. “IFC’s $250 million loan to HDFC will support its moves to grow its affordable housing and emerging green affordable housing portfolio by improving access to such housing for people on lower ...

Representative Image BENGALURU: UK office space provider Workspace said on Thursday its occupancy in London had started to pick up from pandemic lows, although rents were still under pressure as businesses were in no rush bring all their employees back. The company, which caters mostly to small and medium-sized enterprises and entrepreneurs and last ...

Social networking major Facebook has picked up 90,000 sq ft office space at commercial tower One BKC in Mumbai’s business district Bandra-Kurla Complex (BKC) through renewal and new lease agreements with Blackstone Group, several persons with direct knowledge of the development, said. The office space is being expanded while the company is planning a ...

Over 2,500 building products and materials manufactured by more than 150 leading manufacturers have achieved the GreenPro Ecolabel launched by Indian Green Building Council (IGBC) under the aegis of Confederation of Indian Industry(CII). The Ecolabel facilitates building products and material manufacturers to embrace green concepts. Sustainable public procurement The Confederation of Indian Industry and ...