About us | Our Services | Sell / Rent Your Property | Residential Property | Commercial Property | Industrial Property | Farm House |Construct Ur Property |Housing Loan
About Gurgaon
Gurgaon City
Gurgaon Map
Location Finder
 
Properties Available on Sale
Appartments on Sale in Gurgaon
Commercial Office Space on Sale in Gurgaon
Commercial Shops on Sale in Gurgaon
Farm Lands on Sale
Farmhouses on Sale
FSIs on Sale in Gurgaon & NCR
Kothi / Villas on Sale in Gurgaon
Plots on Sale in Gurgaon
Residential / Commercial Lands on Sale in Gurgaon
 
Available on Rent
Apartments on Rent in Gurgaon
Commercial Office Space on Rent in Gurgaon
Commercial Shops on Rent in Gurgaon
Farmhouses on Rent
Kothi / Villas on Rent in Gurgaon
Residential Floors on Rent In Gurgaon
 
Useful Tools
Area Convertor
World Time Clock
EMI Calculator
Affordability Calculator
 
Useful Information
Home Loan
Property Insurance
Color Decoration Tips
Vaastu Tips
Property Related FAQ
NRI FAQs
Document required for Original Booking
Document required for registry of property
Document required for transfer of property
Info related to HUDA
News Details
Posted Date : 8/24/2009 1:12:10 AM
News Headlines : Real Estate india Ready to Roar Again
News Details :  May 25, 2009
 Investors and analysts have begun re-rating the realty sector on optimism that the worst may be over, as the efforts of recent months and a stable global environment will help developers attract funds and boost earnings. Developers in the past year have restructured debt, sold non-core assets and tweaked product mix, helping to push up sales. This has encouraged investors to buy stocks of real estate companies and motivate analysts to revise price targets and upgrade the outlook on the sector. “The stabilisation in the international market improved financials arising out of restructuring of loans and enhanced liquidity from banks have resulted in revision in the outlook for the sector,” said Dipesh Sohani, an analyst with MF Global, an equity brokerage. “The real estate players are better placed now than what they were two-three quarters before.”
 Reflecting the positive sentiment, the Bombay Stock Exchange Realty Index rose 58 per cent in the past month, outpacing the benchmark Sensitive index’s gain of 27 per cent. Stocks of Unitech, DLF, Indiabulls Real Estate and HDIL have jumped 65 per cent, 41 per cent , 54 per cent and 146 per cent, respectively. The turning point seems to have been the successful qualified institutional placement (QIP) of Unitech on April 16, at a time when very few companies dared to enter the market. The country’s second-biggest developer raised Rs 1,625 crore from the sale at Rs 38.50 apiece. The stock is now trading at Rs 71.25 on the Bombay Stock Exchange. The renewed faith of overseas investors stems from the series of steps taken by developers to improve their financial position. Unitech has cut debt by Rs 2,000 crore while DLF, the country’s biggest developer, has repaid Rs 1,700 crore of loans in the past year. The two companies together have also restructured as much as Rs 4,100 crore worth of loans with commercial banks and mutual funds, avoiding short-term payment pressures.
<<Back To News
 
 
© 2008-fortunerealtech.com. All rights reserved. Privacy Policy | Disclaimer
Use of this website signifies your agreement to the Terms of Use.