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After boom years driven by low interest rates, the German property market was hit hard by inflation and higher borrowing costs, In 2023, the property firm had posted an annual loss of 2.436 billion euros.
Prices edged up 0.1% in March after surging by an unrevised 1.2% in February, the Federal Housing Finance Agency said in its monthly report on home prices.
Total income rose 82 per cent to Rs 542.32 crore in the fourth quarter of last fiscal from Rs 298.17 crore in the corresponding period of the previous year, according to a regulatory filing.
One person died as a stone quarry collapsed in Aizawl, Mizoram, amid incessant rain. The incident occurred between Melthum and Hlimen. Rescue operations are ongoing amidst landslides. National Highway 6 at Hunthar is blocked, and schools in the state are closed. Intra-state highways are disrupted.
The office space on the 9th floor has already been leased to managed flexible workspace provider Simpliwork Offices for a period of 60 months until March 31, 2026. This lease will also be transferred to Godrej industries as the new landlord, showed the documents accessed through Propstack.