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Indian Express
5 days ago
- Business
- Indian Express
Want to buy a DDA flat in Vasant Kunj or Dwarka? Here's a housing scheme for you
City residents will be able to buy premium Delhi Development Authority (DDA) flats in highly sought-after localities in August after the DDA announced the launch of its Premium Housing Scheme 2025 last week following a meeting chaired by Lieutenant Governor V K Saxena. Under the scheme, DDA is offering 177 High-Income Group (HIG), Middle-Income Group (MIG) and Low-Income Group (LIG) flats at prime locations like Vasant Kunj, Dwarka, Rohini, Pitampura, Jasola, and Ashoka Pahari, among others. The flats can be purchased through an e-auction. As many as 67 car and scooter garages are also on offer in high-end areas of the National Capital. This is the fourth housing scheme launched by DDA this year. The last one was the Apna Ghar Awaas Yojana 2025, launched in May 2025, under which 7,500 flats came up for sale at Narela, Loknayak Puram, and Siraspur. The DDA offered a discount ranging from 15-25 per cent on these flats and made them open for sale on a first-come, first-serve basis. The Authority also approved a discount scheme for bulk purchase of flats by central and state government departments, organisations, undertakings, autonomous bodies, and government universities. 'As per the approval, government agencies and universities purchasing a minimum of 10 flats will be eligible for the same discount currently offered to the general public under DDA's Apna Ghar Awaas Yojana 2025, i.e. 25% on LIG flats and 15% on MIG, HIG, and EWS flats in Narela,' a statement from the agency said. This discount scheme for government organisations comes in the aftermath of DDA receiving a lukewarm response to its schemes launched at the beginning of the year – Sabka Ghar Awaas Yojana and Shramik Awaas Yojana – offering flats for purchase at heavily discounted prices in Narela to construction workers, autorickshaw drivers, and street vendors, among others.
India Today
12-07-2025
- Business
- India Today
Delhi Development Authority cuts commercial property charges to boost real estate
In a major policy shift to attract real estate investments, the Delhi Development Authority (DDA) on Friday reduced amalgamation charges for commercial properties from 10 percent to 1 percent of the circle move is aimed at boosting commercial development within Delhi, which has lagged behind neighbouring NCR cities like Noida and Gurugram due to higher further stimulate investor interest, the DDA also cut the multiplication factor used in commercial property auctions from 2 to 1.5 times the circle These changes are based on recommendations from a High-Level Joint Government-Industry Task Force formed by LG VK Saxena, which had flagged Delhi's uncompetitive market rates as a deterrent for reforms in commercial real estate, the DDA approved land use changes in Narela to establish an education hub and a multi-sports integrated stadium.A discount scheme was also cleared for bulk flat purchases by government entities in Narela, mirroring the Apna Ghar Awaas Yojana 2025 public a residential push, the DDA launched the Premium Housing Scheme 2025 through e-auctions, offering HIG, MIG, and LIG flats and garages in areas such as Vasant Kunj, Rohini, Dwarka, and Signature View Apartment residents will receive a facilitation rent during their building's reconstruction phase, ensuring their welfare is measures reflect the DDA's broader strategy of aligning real estate policies with industry inputs, deregulating processes, and making Delhi more competitive as both a commercial and residential destination.- EndsMust Watch
New Indian Express
09-07-2025
- Business
- New Indian Express
Sale of 21 plots fetches Telangana government Rs 8.9 crore
HYDERABAD: High-Income Group (HIG) and Middle-Income Group (MIG) plots in the Housing Board Colony on the Nalgonda-Devarakonda road were sold out quickly at impressive rates during an auction held in Nalgonda on Tuesday. A total of 21 plots were sold. According to a statement from Housing Board Vice-Chairman VP Gautam, the sale fetched Rs 8,97,48,600 in revenue. Over 50 buyers participated in the auction, where the board had notified 27 HIG and MIG plots for sale. The base price was fixed at Rs 15,000 per square yard for HIG plots and 13,000 for MIG plots. One HIG plot fetched a record Rs 28,500 per square yard, while two others were auctioned at Rs 25,500 and Rs 24,000 per square yard, respectively. In the MIG segment, a 220-square-yard plot reached Rs 23,500 per square yard — almost double the offset price. All plots were sold above their minimum price. In total, 4,660 square yards of land was auctioned, with the average price recorded at Rs 19,069 per square yard.
Yahoo
07-07-2025
- Business
- Yahoo
What to Expect From Hartford Insurance's Q2 2025 Earnings Report
Valued at $35.5 billion by market cap, Connecticut-based The Hartford Insurance Group, Inc. (HIG) provides insurance and financial services to individuals and businesses in the United States, the United Kingdom, and internationally. The insurance giant is set to unveil its second-quarter results after the markets close on Monday, Jul. 28. Ahead of the event, analysts expect HIG to report a non-GAAP profit of $2.78 per share, up 11.2% from $2.50 per share reported in the year-ago quarter. Moreover, the company has a solid earnings surprise history. It has surpassed the Street's bottom-line estimates in each of the past four quarters. Chevron Stock's 4.6% Dividend Yield and 1.67% One Month Short Put Yield Make CVX a Buy Tariff Dealine, Fed Minutes and Other Key Thing to Watch this Week SoFi Stock Is Betting on Crypto Again. How Should You Play SOFI Stock Here? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For the full fiscal 2025, analysts forecast HIG to report a non-GAAP EPS of $10.94, up 6.2% from $10.30 in fiscal 2024. Furthermore, in fiscal 2026, HIG's earnings are expected to surge 16.7% year-over-year to $12.77 per share. HIG stock has soared 25.5% over the past 52 weeks, outpacing the S&P 500 Index's ($SPX) 13.4% returns, but lagging behind the Financial Select Sector SPDR Fund's (XLF) 28% surge during the same time frame. Hartford Insurance's stock prices observed a marginal dip in the trading session after the release of its mixed Q1 results on Apr. 24. The company observed a notable uptick in premium collections, fee income, and net investment income, leading to a 6.1% year-over-year growth in total revenues to $6.8 billion. However, its total earned premiums of $5.8 billion fell short of the consensus estimates by 1.1%. Meanwhile, its adjusted earnings dropped 6% year-over-year to $2.20, but surpassed the Street's expectations by 3.3%. The stock maintains a consensus 'Moderate Buy' rating overall. Of the 20 analysts covering the stock, opinions include nine 'Strong Buys,' two 'Moderate Buys,' and nine 'Holds.' Its mean price target of $135 indicates an 8% upside potential from current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
02-06-2025
- Business
- Yahoo
The Hartford Partners With Nayya to Streamline Benefits Experience
The Hartford Insurance Group, Inc. HIG recently teamed up with Nayya, an AI-driven benefits engagement platform, to provide a personalized enrollment experience to the former's Employee Benefits clients. This solution can be integrated with other prominent HR technology systems, providing employers with a more tailored and intuitive benefits enrollment process for their employees. Providing benefits tailored to each individual's specific needs is expected to improve the enrollment experience. An in-depth understanding of benefits options is made easier by Nayya, which is built with a human-centered design approach, crafted by benefits professionals and HR specialists. The solution leverages employee data to deliver personalized recommendations, simplifies benefits selection with plan cost comparisons and provide clear explanations behind each recommendation. Therefore, the recent move seems to be a time opportune one since employers increasingly require advanced tools to enable employees navigate benefits options seamlessly according to The Hartford's annual Future of Benefits survey. An enhanced benefits utilization not only supports employee satisfaction but also contributes to higher workforce retention rates. The collaboration with Nayya reflects The Hartford's continued investment in upgrading HR technology, aimed at elevating the overall benefits experience. A simplified claims processing procedure may result in a higher degree of customer satisfaction and improved retention rates. As a result of the extensive benefits offered by the Nayya solution, more people may opt for HIG's Employee Benefit plans, which will fetch higher premiums for the insurer. The Employee Benefits segment offers group life, disability and various other group insurance coverages to members of employer groups, associations and affinity organizations via direct insurance policies, and also provides reinsurance services to other insurance providers. The unit's earned premiums grew 2% year over year in the first quarter of 2025 on the back of new business growth, strong persistency rates and exposure growth on existing accounts. Also, teaming up with a digital platform like Nayya reflects The Hartford's endeavor to be in sync with the ongoing trend of digitization across every sphere of life. Shares of The Hartford have gained 27.8% in the past year compared with the industry's 26.4% growth. HIG currently carries a Zacks Rank #3 (Hold). Image Source: Zacks Investment Research Some better-ranked stocks in the insurance space are Horace Mann Educators Corporation HMN, HCI Group, Inc. HCI and Kemper Corporation KMPR. While Horace Mann sports a Zacks Rank #1 (Strong Buy), HCI Group and Kemper carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. Horace Mann's earnings surpassed estimates in three of the last four quarters and matched the mark once, the average surprise being 24.09%. The Zacks Consensus Estimate for HMN's 2025 earnings implies an improvement of 26.1% from the year-ago reported figure, while the same for revenues suggests growth of 6.6%. The consensus mark for HMN's 2025 earnings has moved 5.5% north in the past 30 days. The bottom line of HCI Group outpaced earnings estimates in each of the last four quarters, the average surprise being 42.13%. The Zacks Consensus Estimate for HCI's 2025 earnings is pegged at $15.54 per share, which has more than doubled from the year-ago reported figure. The same for revenues implies growth of 18.4% from the prior-year reported figure. The consensus mark for HCI's 2025 earnings has moved 3.7% north in the past 30 days. Kemper's earnings surpassed estimates in each of the last four quarters, the average surprise being 21.11%. The Zacks Consensus Estimate for KMPR's 2025 earnings indicates an improvement of 7.6% from the year-ago reported figure, while the same for revenues implies growth of 7.5%. The consensus mark for KMPR's 2025 earnings has moved 5.1% north in the past 30 days. Shares of Horace Mann, HCI Group and Kemper have gained 28.2%, 75.5% and 8%, respectively, in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Hartford Insurance Group, Inc. (HIG) : Free Stock Analysis Report HCI Group, Inc. (HCI) : Free Stock Analysis Report Kemper Corporation (KMPR) : Free Stock Analysis Report Horace Mann Educators Corporation (HMN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
