Tag: Cash Reserves

Residential developers offering discounts

Rising property prices and increased interest rates, coupled with a demand-supply mismatch has brought down the overall affordability of residential properties in the country today forcing developers to resort to offering feebies and early bird discounts to arrest fall in sales, according to a recent report. The economic slowdown which has mainly affected suburban and […]

DLF To Spend Rs 500 Crore

After losing more than 71% of its market cap in the past six months, the country‚Äôs largest real estate developer DLF has announced a share buyback. The company is likely to spend around Rs 500 crore on the buyback programme, which will result in around 1 crore shares (equivalent to 0.6% equity stake) getting extinguished. […]