Latest Realty News

Inorbit to invest Rs 250crore every year for brownfield expansion
May 19, 2014
MUMBAI: Inorbit Mall, a subsidiary of K Raheja Corporation, plans to invest around Rs 250 crore every year for expanding its presence in the country through brownfield route, a top company official said.
Develop the plot, build the storey
May 19, 2014
MUMBAI: Inherited property can be touchy territory. If you have a land parcel that was bequeathed to you, chances are that you will be in two minds about what to do.
Sahara may exit finance business by December 2017
May 12, 2014
DELHI: Faced with a tight cash flow, Sahara is contemplating to exit its finance business by December 2017 and focus on retail, real estate, life insurance and mutual fund, its chief Subroto Roy has said in a letter to Prime Minister Manmohan Singh.
Real estate sector: Investor money waiting at the gates
May 11, 2014
MUMBAI: The broader enthusiasm in the market has caught the real estate sector too, going by the slew of investments that are on the upswing.
Real estate industry awaits policy action from next government
May 11, 2014
MUMBAI: Like most other business sectors, the Indian real estate market holds its breath for a stronger and more determined government. The perception which is currently driving market sentiments is that market momentum can either accelerate, remain unchanged or decelerate depending on which party is voted into power. Speaking purely from the viewpoint of market sentiment, there is some validity to this perception. However, the fact is that the true benefits of political stability and proactive
Around $16 billion locked in Mumbai's fund-starved real estate sector
May 11, 2014
MUMBAI: Close to Rs1,00,000 crore (around $16 billion) by private equity funds is locked in the fund-starved real estate sector as hundreds of projects get delayed across the country and investors struggle for an exit.
Only builders, banks gain when you take loan to invest in realty
May 11, 2014
MUMBAI: An acquaintance recently told me that his colleague had bought a flat for Rs 40 lakh and is selling it at Rs 80 lakh. He had made a down payment of only Rs 8 lakh at the time of buying the flat. According to him, real estate was the best investment option. This is something we hear almost every second day as financial planners.
Real estate investment trusts get regulatory push
May 10, 2014
MUMBAI: The Securities and Exchange Board of India (Sebi) is preparing to remove the barriers for launch of trading in Real Estate Investment Trusts (REITs).
Tata Housing to invest Rs 450 crore on housing project at Kolkata
May 09, 2014
DELHI: Realty firm Tata Housing will invest about Rs 450 crore over the next four years to develop a new housing project in Kolkata.
BlackBerry to sell its Canadian real estate for $278 million
May 08, 2014
MUMBAI: Smartphone-maker BlackBerry will sell a majority of its real estate holdings in Canada to real estate investment firm Spear Street for about $278 million.
Private equity investments in real estate sector up 28% in Q1
May 08, 2014
HYDERABAD: The real estate sector recorded Rs 2,800 crore in private equity investments during the first quarter of 2014, an increase of 28 per cent compared to the previous quarter and nearly 2.5 times the investment in Q1 2013, according to real estate consultancy Cushman & Wakefield.
Global PE funds more than doubled investments in Indian realty: C&W
May 08, 2014
BANGALORE: Global private equity funds more than doubled their investment in India's real estate sector in the quarter to March as they foresee an improvement in economy leading to stable long-term yields, according to a report by brokerage Cushman & Wakefield, PE funds invested Rs 2,800 crore in the country's commercial and residential real estate during the period, a 145% jump over the year-ago quarter, the report said.
Did NRI investment scheme cost RIICO over Rs 1,000 crore?
May 08, 2014
JAIPUR: Land grabbing in the name of industrialization is not new, but it seems to have scaled a new peak in the state casting aspersions on the fairness of RIICO which is at the centre of a host of questionable allotments. Estimates suggest that RIICO has lost more than Rs 1,000 crore in a single investment scheme meant for NRIs.
Equity beats real estate gains in long run
May 06, 2014
MUMBAI: There has been a deluge of offer s through advertisements aimed at prospective home buyers, for those who will live in that property and also those who want to buy a property as an investment. For the second option-that is buying a real estate now as an investment for future gains-a widely accepted opinion is that investing in property is the best investment, even better than investing in shares. We analyze this belief by looking at the pros and cons of such an investment, and whether th
What are Real Estate Investment Trusts or REITs?
May 06, 2014
MUMBAI: Swatantra Kumar explains: REITs or are a special type of investment vehicle which operate more like mutual funds but invest in real estate properties for returns. These properties are usually income generating properties, commercial or residential, and the returns from such investments are passed on to the investors in the REITs.
Go for property over gold, this Akshaya Tritiya
May 03, 2014
BANGALORE: With the festive time here, a buyer has to start evaluating various investment options for better returns. The dilemma of whether to invest in a property or gold is not new but the situation is different this year. Experts believe that the economy is showing signs of improvement. Therefore, it bodes well for the growth of the real estate sector and depicts a hard time for gold. There is a chance that the rupee will gain strength over the dollar due to higher growth in the economy and
Stock market gains will help real estate
Apr 30, 2014
MUMBAI: One of the worst-hit industries in the past three years has been real estate. Land prices have stagnated, housing demand has stagnated, commercial demand has shrunk, interest rates have gone up. The Reserve Bank of India has also implemented measures restricting access to capital for real estate firms and, at the same time, limited housing mortgage exposure for banks by assigning high risk-weights.
Sahara hotels in London, New York attract Gulf billionaires
Apr 29, 2014
MUMBAI: Sahara's luxury hotels in London and New York are drawing interest from Gulf billionaires. The Al Thani's, members of the Qatar royal family, Global Investment House —one of Kuwait's largest investment banks — and MBI International which is controlled by billionaire philanthropist Mohamed Bin Issa Al Jaber had offered to buy the hotels Dream Downtown and The Plaza in New York and Grosvenor House in London. The ownership of these properties is with Aambey Valley (Mauritius), an offshore a
Home buying trends, this Akshay Tritiya
Apr 28, 2014
BANGALORE: Property is invariably the single-most rewarding investment many people make in their lifetime. This Akshay Tritiya, make the most of the auspicious time to own your dream home. It certainly pays to stay invested in the real estate market. It cannot be disputed that property is an interesting investment commodity, which yields both, the rental income and capital gains. These days, it is not uncommon to find investors owning more than two homes. It is for this reason that an increasin
Private equity players boost city's real estate market
Apr 22, 2014
PUNE: The unbridled influx of professionals and a local economy, which is relatively less affected by the economic downturn, has renewed interest of private equity players in the city's real estate sector.
AIFS a safe bet for realty investment, with few takers
Apr 19, 2014
BANGALORE: Though market regulator SEBI, has allowed Alternative Investment Funds (AIF) to set up shop in the country under a newly formulated route, which allows pooling of funds for investments in areas like real estate , private equity and hedge funds, the realty sector is still looking curiously at SEBI due to lack of clarity, post a few rejected applications, its ticket size and the overall funding environment in the sector. Is it the developers’ failure to decode the funding enigma with AI
It ’s time to plan for your home
Apr 19, 2014
BANGALORE: The month of April signifies a new beginning. It is the start of a new financial year and it is the month when many celebrate their New Year. A New Year signifies a fresh start. It is that time of the year when one is more optimistic, and open to new possibilities, new strategies and new aspirations.
FNG Expressway: Connectivity, smooth traffic, real growth!
Apr 17, 2014
DELHI: The much-awaited FNG (Faridabad-Noida-Ghaziabad Expressway) is finally coming on track and will provide fast connectivity to daily commuters of the area once complete; apart from this, it is also emerging as an excellent stretch for real estate development.
Noida seals Supertech towers, builder mum on refunds
Apr 17, 2014
NOIDA: Homebuyers in Supertech's Emerald Court towers suffered a double jolt on Tuesday as the company unceremoniously called off a press conference and virtually stonewalled buyers' demands for a refund even as the Noida Authority sealed the project site, bringing construction to a halt.
Investment in realty sector dips 65 per cent in 2013 at USD 1.2 billion
Apr 15, 2014
AHMEDABAD: Investment in Indian real estate declined by 65 per cent to USD 1.2 billion during 2013, but the country was able to retain 10th rank in Asia Pacific, global property consultant Cushman & Wakefield said. Investment in real estate sector in India stood at USD 3.4 billion during 2012.

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