NAREDCO seeks more liquidity for real estate sector; lower GST on cement

NAREDCO seeks more liquidity for real estate sector; lower GST on cement

Realtors’ body NAREDCO on Friday said the real estate sector is in financial stress due to lack of funding from banks and NBFCs and demanded that the government take steps to improve liquidity situation of developers and also restructure their...
read more
GST Roll Out: Smartphones And Cement To Cost Less

GST Roll Out: Smartphones And Cement To Cost Less

New Delhi: The government today said the GST, scheduled to be rolled out from July 1, is set to benefit consumers as tax incidence on smart phones, medical devices and cement will come down. The Goods and Service Tax (GST)...
read more
JK Lakshmi Cement Tumbles Over 7% As Q4 Net Falls

JK Lakshmi Cement Tumbles Over 7% As Q4 Net Falls

New Delhi: Shares of JK Lakshmi Cement today tumbled over 7 per cent after the company reported a 19.4 per cent decline in standalone net profit for the fourth quarter ended March 2017. The stock tanked 7 per cent to...
read more
Surging steel, cement prices may make homes costlier: CREDAI

Surging steel, cement prices may make homes costlier: CREDAI

BENGALURU: Steel and general metals prices have gone up by around 30% each in the last few months which can change the dynamics of the real estate market in Bengaluru in the next two quarters, apex body of Private Real...
read more
Demand in India’s Cement Sector May Improve in FY17: Reliance Securities

Demand in India’s Cement Sector May Improve in FY17: Reliance Securities

Mumbai: The domestic cement sector is likely to witness improvement in demand due to a pickup in construction activities and an expected favourable monsoon this fiscal year, a report by Reliance Securities said. Having seen a moderate demand improvement in...
read more