Latest Realty News

Connaught Place seventh costliest office mkt in world: CBRE
Dec 20, 2013
DELHI: Connaught Place in Delhi has slipped two notches to become the world's seventh costliest office destination due to slowdown in the realty market and fall in rupee's exchange rate, property consultant CBRE said.
Joyalukkas Group enters realty sector
Dec 18, 2013
KOCHI: Joyalukkas Group, the multi-billion-dollar global conglomerate, has entered the real estate sector by launching a residential project in Kochi.
How to be successful in real estate investing
Dec 14, 2013
DELHI: Real estate investment is capital intensive. For an investor, it is imperative to take account of certain aspects before taking the decision, which has long term implications. Here is a snapshot of some of the most important aspects.
Reasons for commercial property investment in Bangalore
Dec 14, 2013
BANGALORE: The city of Bangalore has a large talent pool and is tipped as the knowledge hub of the country with a steady influx of Multinational Corporations (MNCs), Small and Medium Enterprises (SMEs) and start-ups which are the driving force for office space absorption. The political stability in the state is one of the reasons for companies to choose Bangalore as their base.
Aversion to debt makes Kolte Patil a rare realty gem
Dec 12, 2013
MUMBAI: Sujay Kalele, a former Infoscion, is a different kind of a real estate CEO. He thinks a hundred times before taking on debt. If cash flows are not strong, he would rather prefer private equity or partnerships than loans. In three years since taking over as the chief executive officer of Kolte-Patil, revenues of the Pune-based real estate developer have jumped 70%, profit has risen 50% while shares have soared 60% compared with a 60% fall in the BSE realty index.
Property prices in Mumbai, Delhi highly overvalued, say analysts
Dec 12, 2013
BANGALORE: After years of double-digit growth, house price rises in major cities are expected to slow to just under 8 per cent next year as a cooling economy and rising interest rates deter new buyers, a Reuters poll showed.
Inflation, rupee, sliding growth hit commercial property market
Dec 11, 2013
MUMBAI: Sentiment in the Indian occupier and investment real estate markets has been hit on account of deteriorating levels of growth in the economy, continuous fall in the rupee value, high retail inflation and subsequent rise in key policy rates, according to the RICS India Commercial Property Survey Q3 2013.
CREDAI Proposes to Build 5,000 Housing Units
Dec 10, 2013
BHUBANESWAR: The Confederation of Real Estate Developers’ Association of India (CREDAI), Odisha chapter has proposed to build about 5000 affordable housing units in the city.
When and how to buy your dream home
Dec 09, 2013
MUMBAI: Buyers are faced with several dilemmas when they purchase a house. Here are the answers to some of the key doubts:Real estate, though a mainstream investment and probably a part of every financial portfolio, is also unique. It is the single largest financial commitment that most people make in their lifetimes. Buying a property also involves a lot of subjectivity and is not just a factor of the property's price or the interest rate on the home loan. Here are some questions you are likely
Online real estate business growing over 100% annually
Dec 09, 2013
KOLKATA: The online real estate portals have been able to garner around three per cent of the total industry transactions and eastern region was fast catching the trend.
Pune residential market – Win-win situation for buyers
Dec 07, 2013
PUNE: Pune plays a critical role in the real estate sector of Maharashtra and the country at large. It continues to witness good traction as the market is still relatively affordable with new launches helping maintain the momentum. The demand for residential projects has increased tremendously driven primarily by the end-user segment. Real estate developers see considerable growth opportunities in the residential segment as the annual requirement of houses in Pune is estimated to remain in the r
PE investments in realty up 26% this year
Dec 06, 2013
HYDERABAD: The value of private equity (PE) transactions in the country’s real estate sector during the first nine months of 2013 was up 26 per cent at Rs 4,716 crore, indicating that funds continue to see India as a an investment destination despite a slowdown in the local market.
Slowdown in commercial real estate likely to continue
Dec 04, 2013
DELHI: The economic downturn has subdued office and retail markets, resulting in a sales slowdown as well as pressurized capital values across leading cities—according to CBRE Research's year-to-date coverage of trends in India's real estate sector. Buyer sentiments in the housing market have remained largely cautious because of relatively high price points and sticky borrowing costs, amid an uncertain economic climate. As a result, investment has slowed considerably across segments, resulting i
Indian real estate sector: Waiting for a change
Nov 28, 2013
DELHI: Overall the real estate industry is grappling with a paradox. There is a distinct gap in the supply – demand scenario and costs involved. Builders have numerous concerns to deal with even before they start construction. Some of which include the amount of time and costs involved in obtaining the plethora of approvals and licences required, the incessant wait for bureaucratic processes, being stuck with non-productive land for which they have to incur expenses. All this coupled with the co
Rapid urbanisation creating new spaces in Delhi-NCR market
Nov 28, 2013
DELHI: What makes the Delhi-NCR real estate market stand out compared with many other corridors in the country?
Blackstone’s buyout spree may soon dislodge Gurgaon co as top landlord
Nov 26, 2013
DELHI: An acquisition binge has placed private equity giant Blackstone as the second biggest landlord in India's booming office space market, emerging as a strong challenger to Gurgaon-based DLF's leadership in a real estate segment with stable yields, data sourced from international property consultants said.
Blackstone rivals DLF in office realty
Nov 26, 2013
DELHI: An acquisition binge has placed private equity giant Blackstone as the second biggest landlord in India's booming office space market, emerging as a strong challenger to Gurgaon-based DLF's leadership in a real estate segment with stable yields, data sourced from international property consultants said.
Non-IT takes a big bite of Bangalore's property sales
Nov 24, 2013
BANGALORE: The IT and ITeS sectors' bull grip on Bangalore's residential real estate market has dramatically loosened over the past five years. The sales contribution from non-IT sectors has surged past the halfway mark for most city-based developers.
Non-IT takes a big bite of Bangalore's property sales
Nov 22, 2013
BANGALORE: The IT and ITeS sectors' bull grip on Bangalore's residentialrea estate market has dramatically loosened over the past five years. The sales contribution from non-IT sectors has surged past the halfway mark for most city-based developers.
RICS Commercial Property Survey shows drop in occupier demand
Nov 20, 2013
PUNE: The RICS India Commercial Property Survey showed signs of a fall in both occupier and investor sentiment during the third quarter of 2013 (July -September).
India's real estate sector to need $ 257 bn by 2015: Report
Nov 16, 2013
MUMBAI: The real estate sector in the country would need an investment of $ 257 billion by 2015, including Economic Weaker Section (EWS) housing, of which residential real estate alone would require $ 29 billion, according to an EY-FICCI real estate report released today.
Noida to become luxury private residence hub in North India
Nov 08, 2013
DELHI: Noida real estate market touched a new high after worldwide luxury hospitality giant Four Seasons launched its private residences by Four Seasons at mix land-use property in Delhi One with a cost of Rs 3,500 crore.
Equity, gold, real estate: Tips to make your first investments
Nov 05, 2013
MUMBAI: It is not an easy time to be an investor. Even though you may be spoilt for choice, there is a high degree of volatility across asset classes. This means that one has to be extra cautious while choosing investments. Whether you are opting for equity, fixed income, property or gold, the current environment will punish you for rash or untimely decisions. For those who have just started saving, taking the initial steps into the world of investing is even more daunting. It's the same for any
Festive season brings relief to real estate, automobile market
Nov 04, 2013
NASHIK: At a time when the industrial and real estate sectors have been facing economic slowdown since the last two years, the festive season from Dussehra to Diwali brought relief to real estate and automobile sectors. From October 5 to November 3, these sectors generated business worth over Rs 300 crore in the city.
No festival cheer for realty developers as consumers on wait-and-watch mode
Nov 02, 2013
DELHI: Mid-size developers, which were banking on festivals to help them clear existing inventory, may still need more time to show a black profit graph.

Latest Realty News Of State

Realty Talk's