Latest Realty News

Vote on Account 2014: Indian real estate embracing change in the time of economic revival
Feb 15, 2014
MUMBAI: The past decade has seen the Indian real estate industry ride on a roller coaster ride through many highs and lows. This period has seen the expansion fury which gripped the sector with the market peaking in 2006 -2007 characterized by a growth in demand, substantial development and increased foreign investments. By mid-2008, this fervour was replaced by cautious evaluation of business models and plans, which was the key agenda of the business houses when the market loomed large with unc
FDI in retail sector will boost mall growth
Feb 08, 2014
MUMBAI: Malls have come to stay in India. With the emergence of new urban centres, ballooning of urban middle-class aspirations, rising incomes and expanding consumer spends, the mall culture is taking roots. Susil Dungarwal, Chief Mall Mechanic and founder of Beyond Squarefeet, a mall advisory firm, helps the trend grow by hand-holding developers to make better malls and do better business.
Decision to blacklist Cyprus for not providing tax data will hit developers and realty funds
Feb 07, 2014
MUMBAI/BANGALORE: India's recent decision to blacklist Cyprus for not providing tax data will hit developers and realty funds. Investors who have routed their funds through Cyprus are likely to face a big decline in returns as developers will now be expected to withhold higher tax amounts. So far, these investments were structured around 10% withholding tax, which is likely to jump to 30%.
Decision to blacklist Cyprus for not providing tax data will hit developers and realty funds
Feb 06, 2014
MUMBAI/BANGALORE: India's recent decision to blacklist Cyprus for not providing tax data will hit developers and realty funds. Investors who have routed their funds through Cyprus are likely to face a big decline in returns as developers will now be expected to withhold higher tax amounts. So far, these investments were structured around 10% withholding tax, which is likely to jump to 30%.
Cabinet to take decision on FDI in farm land
Jan 29, 2014
DELHI: The UPA Government has formed a three-member Cabinet committee to examine the possibility of opening up agricultural land to Foreign Direct Investment (FDI), following a Union Urban Development (UD) Ministry proposal on letting foreign realtors buy agricultural land.
RBI relaxes FDI regulations by permitting optionality clause
Jan 14, 2014
MUMBAI: The Reserve Bank of India announced that optionality clauses may henceforth be allowed in Foreign Direct Investments (FDI), to facilitate investors to exit subject to the conditions of minimum lock-in period and without any assured return.
What attracts NRI investment in Indian real estate
Jan 10, 2014
MUMBAI: For Non Resident Indians, a base in their homeland is always considered a safe prospect and gives them an added sense of security. When it comes to the Indian real estate, non-resident Indians (NRIs) take centre-stage, especially with the depreciating rupee. The recent market trend where there is high inflation, volatility and the rupee value depreciating, NRIs make the most of the opportunity and invest in the Indian real estate market.
DIPP to soon float revised cab note on FDI in construction
Jan 08, 2014
DELHI: The commerce and industry ministry will soon float a revised cabinet note on relaxation of FDI norms for the construction sector.
Looking Ahead: Execution will be the realty check
Jan 03, 2014
MUMBAI: With the economy witnessing a downturn and interest rates and inflation reaching all-time highs, 2013 has been one of the most eventful years for real estate in India. While the introduction of the Real Estate Regulatory Bill and Land Acquisitions Bill in the Parliament was a positive for the realty industry, end-users sitting on the fence expecting a fall in prices led to a contraction of demand in the last few quarters. The market turned from sellers to buyers, with attractive offers f
Investments in India's realty sector decline 6% YoY: Assocham
Dec 28, 2013
DELHI: Outstanding investments in the country's real estate sector were six per cent lower at Rs 14.51 lakh crore in September 2013 as against the same month previous year, according to a study by industry body Assocham.
SEBI proposal on real estate investment trust set to get RBI nod
Dec 27, 2013
MUMBAI: The much-awaited Real Estate Investment Trust (REIT) regime has inched closer to becoming a reality, with the banking regulator keen on approving changes to attract foreign investments.
2013 roundup: Despite key reforms, realty industry remained stressed
Dec 27, 2013
MUMBAI: Economic slowdown, inflationary pressures, volatility in foreign exchange and stock markets, together with liquidity crunch and costly debt, took a toll on India's real estate sector in 2013, with investor sentiment taking a severe beating despite a number of reform initiatives undertaken by the government.
2014 to bring in hope for real estate sector
Dec 23, 2013
DELHI: As the year 2013 becomes part of our collective memory, a quick rap up leaves us enriched with the experience of the passing year. It was both exciting and disappointing year for the Indian real estate sector. While the introduction of the Real Estate Regulatory Bill in Lok Sabha and consent to the Land Acquisition Bill in the parliament will reap benefits in the future, slowing economy left the real estate fraternity disappointing from the point of view of expectations. The RBI’s bold de
Realty-high GSC to invest $1 bn in India over 3 yrs
Dec 21, 2013
DELHI: A slowdown in the real estate space does not seem to have dampened US-based private equity firm Golden State Capital (GSC), which has decided to invest close to $1 billion in India over the next three years through its real estate investment trust (REIT). It also expects to get its REIT listed on the Singapore stock exchange next year.
Cabinet may decide on FDI in pharma, housing tomorrow
Dec 13, 2013
DELHI: The Cabinet is expected to take a decision tomorrow on relaxing FDI norms for the housing sector and reducing foreign direct investment cap to 49 per cent in critical areas of the pharma segment.
Abu Dhabi Investment Authority to invest $250 million in Hines India Real Estate
Dec 11, 2013
BANGALORE | NEW DELHI: Abu Dhabi Investment Authority is investing $250 million ( Rs 1,500 crore) in Hines India Real Estate, the Indian arm of American property development and management firm Hines, amid a rise in overseas interest in the sector.
'Realty Sector Burdened by Too Many Laws'
Dec 10, 2013
BANGALORE: State members of the Confederation of Real Estate Developers Association of India (CREDAI) on Thursday strongly opposed the Real Estate (Regulation and Development) Bill, stating that the sector was already governed by too many laws.
Commercial real estate segment to remain subdued: CBRE
Dec 04, 2013
DELHI: Demand for commercial real estate is likely to remain subdued in the medium term as corporates continue to be in a consolidation mode while excess supply may put pressure on capital and rental values, property consultant CBRE said today.
Decision on relaxing FDI norms for housing sector likely Monday
Nov 23, 2013
DELHI: The government is likely to take a decision on Monday on relaxing FDI norms for the housing sector, including easing conditions for exit before the three- year lock-in period.
FDI funding in real estate market is need of the hour
Nov 20, 2013
MUMBAI: Real estate is one of the fastest growing sectors in India and plays a momentous role in its overall progress and development. Having significant linkages with other sectors and associated industries, real estate has the capacity to generate income with a multiplier effect.
Government defers proposal on relaxing FDI norms for housing
Nov 14, 2013
DELHI: The government today deferred a proposal on relaxing FDI norms for the housing sector. "Minister of Urban Development Kamal Nath has requested for deferment of the proposal," a source said.
Harsh realty for builders as banks tighten lending rules
Nov 11, 2013
DELHI: The real estate sector, accounting for the maximum number of new projects — 53 of 173, each above Rs 250 crore, in April-September this fiscal — is facing difficulties in achieving financial closure for these projects.
Industry Dept moots easing of lock-in period for FDI in housing
Oct 28, 2013
DELHI: The Department of Industrial Policy & Promotion (DIPP) has finalised the Cabinet note on relaxing norms for Foreign Direct Investment (FDI) in the construction development sector and hopes to place it before the Cabinet next week.
Centre to appoint realty experts in 15 states to boost housing
Oct 24, 2013
DELHI: The Centre will soon appoint real estate experts and consultants in 15 major states for helping them to prepare affordable housing policy and streamline the rules for approving realty projects, a top government official said today.
SARE Homes launches ‘Club Terraces’ in Gurgaon
Oct 16, 2013
GURGAON: SARE Homes, an FDI developer of residential integrated townships across India, has announced the launch of its new project ‘Club Terraces’ in Sector 92, Gurgaon.

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