Registration of homes stood at 7,582 units in November last year. During January-November 2020, 46,052 homes were registered.
Safari Industries wholly-owned subsidiary, Safari Manufacturing, purchased land with the constructed property at Halol in Gujarat for Rs 22.51 crore.
According to Edelweiss Alternative Research, the fresh addition and deletions will lead to a total inflow of $1.2 billion.
The BSE Realty index has given a return of more than 25% in past one month, some consolidation in the near term for one or two months is likely.
Godrej Properties announced that it has entered into an agreement to redevelop a land parcel in the upscale neighbourhood of Wadala, Mumbai.
Despite the broader markets, underperforming benchmark indices around 204 or 40.8% constituents of BSE 500 index ended the week with positive returns.
The loan rate cuts have led to a rally in stocks with Godrej Properties, Oberoi, Puravankara and DLF rallying greater than 10% on September 23.
Godrej Properties jumped 8.13% to Rs 2,108.65, extending its winning run to the fourth consecutive trading session.
Low mortgage rates, stable property prices & robust hiring outlook is expected to support residential housing demand
The market share of the top-10 listed developers has increased from 11% in 2011 to 27% in 2020 and is expected to improve further from here