HDFC net dips a tad; ‘second wave impacts NPAs, collections’
The Hindu
Demand strong, buyers prefer ready-to-occupy units: Mistry
Housing Development Finance Corporation Ltd. (HDFC) on Monday said first-quarter consolidated net profit rose 31% to ₹5,311 crore. However, standalone net profit was lower at ₹3,000.67 crore compared with ₹3,051.52 crore, on account of low dividend income and far less profit on sale of investments. Profit on sale of investments stood at ₹263 crore compared with ₹1,241 crore a year earlier; dividend income stood lower at ₹16 crore compared with ₹298 crore.More Related News
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.