Latest Realty News

Oct 26, 2015
NASHIK: The Confederation of Real Estate Developers' Association of India (CREDAI) has decided to conduct business to business (B2B) meetings with real estate brokers in Nashik and Mumbai in a bid to boost real estate sector in Nashik, which has been passing through a phase of recession.
Aug 14, 2015
BENGALURU/MUMBAI/NEW DELHI: Real estate developers are increasingly turning to private equity investors and non-banking finance companies to refinance massive debts due to sluggish home sales in the last couple of years and banks becoming cautious about lending to the industry
NRIs invest over $2 billion in Indian realty in 2013 on weak rupee
Sep 18, 2014
Non-resident Indians invested over $2 billion in Indian real estate in 2013, riding on the back of a weak rupee and heightened promotions by developers to attract them at a time when domestic demand was weak
Government may form database on suppression of property sales amount
Sep 16, 2014
In an exercise aimed at checking blackmoney, economic intelligence agencies have started identifying instances where proceeds from property sale have been suppressed in a bid to defraud the government of revenue from stamp duty
Amid shortages, houses remain locked
Aug 30, 2014
Housing is an important sector of the Indian economy with backward and forward linkages with over 260 industries and is a major employment generator only after agriculture. As per estimates of the Central Statistics Office, the housing sector contributes as much as 5 per cent to the GDP of the country.
BSE forms 11-member advisory group on REITs
Jul 13, 2014
MUMBAI: The BSE has launched an advisory group on REITs (real estate investment trusts), which are aimed at attracting long-term funds to the cash-strapped realty sector from both foreign as well as domestic investors.
Budget 2014: Suggested amendments for real estate
Jul 07, 2014
DELHI: The real estate sector happens to be one of the very important sectors for the overall growth of the economy. Since the new government, led by Prime Minister Narendra Modi, has taken a pragmatic view of providing housing to all by 2020, it becomes very important that certain amendments are made in the law for the real estate sector.
Another blow for Kolkata real estate
Jul 07, 2014
KOLKATA: Keppel Land, a Singapore-based real estate firm that invested in Bengal's booming real estate sector just before trouble erupted over land acquisition in Singur and Nandigram in mid-2006, exited the state on Tuesday after being frustrated by lack of growth options and surmounting local complications. A consortium of local developers have grabbed the rare opportunity of a land parcel in New Town and struck the deal for Rs 150 crore.
Budget 2014: 5 changes to improve housing and real estate sector
Jul 07, 2014
DELHI: The real estate sector has been the backbone of the Indian economy and has been a major contributor in the economic growth. The approach followed by real estate players have been instrumental in changing the face of the country, from being under-developed to accelerating its way to a developed country. The sector contributes about 6.3 percent to the nation's GDP (2012-13) is a major source of revenue for Central, state and local governments and provides employment to more than 50 million
Realtors seek single window clearance system from Modi
May 19, 2014
NOIDA: The real estate sector has jumped on the Modi wave hoping for a revival in fortunes of the under-performing industry. The real estate body of Noida has sent a proposal to Narendra Modi to implement a single window clearance system for new projects to bring in greater transparency.
Political stability will act as a catalyst for revival of realty sector
May 18, 2014
BANGALORE: Real estate sector expects growth to come with clear mandate to one party.“With so much riding on the general elections, we are happy that the results indicate a stable and progressive government coming in place. The last couple of years were not the best years for the Indian real estate, and the slowdown impacted all asset classes,” said Shishir Baijal, Chairman and Managing Director, Knight Frank India.
Realtors expect revival in property mkt
May 17, 2014
DELHI: Hailing clear majority for Narendra Modi-led BJP in the polls, real estate experts today said a stable government at the Centre will help revive the property market.
Maximum Scope of Money Laundering in Real Estate Sector: ED
May 15, 2014
DELHI: The real estate sector in India has the maximum scope for money laundering activities and there should be some sort of regulatory mechanism to keep a check on such activities, Special Director of the Enforcement Directorate Balesh Kumar today said.
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.
Supertech to invest Rs 1,000 cr on housing project in Gurgaon
May 11, 2014
DELHI: Realty firm Supertech today said it will invest Rs 1,000 crore over the next four years to develop a new project in Gurgaon.
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.
Air India to sell residential property abroad
May 04, 2014
DELHI: Air India has asked real estate consultancy firm DTZ to find buyers for its surplus residential real estate assets abroad to mobilise funds. “We have got residential properties at Hong Kong, Mauritius and Nairobi which we plan to monetize this year.
Realty sector displays positive outlook: Knight Frank survey
Apr 30, 2014
MUMBAI: Anticipating a change in political leadership, sentiments of home buyers and investors have seen an improvement displaying a strong positive outlook for the real estate sector, a recent survey said.
Indians top foreign investors list in real estate in Dubai
Apr 21, 2014
MUMBAI/DUBAI: Indians have topped the list of foreign investors in real estate in Dubai, pumping in USD 1.6 billion during the first quarter of 2014, according to a government agency.
Indian realty industry looks to BJP to lift fortunes
Apr 09, 2014
MUMBAI: The crisis-ridden real estate sector, feeling neglected by the United Progressive Alliance (UPA) government, is warming up to the Bharatiya Janata Party (BJP) and its prime ministerial candidate Narendra Modi to lift its fortunes. In the wake of economic instability, the realty industry has been facing severe stress with a clouded investment outlook. Its industry captains are looking forward to a strong and stable government that can put the battered economy back on rails and undertake t
Investments in realty shrank 65% in 2013
Apr 07, 2014
MUMBAI: India’s real estate sector is estimated to have received $1.2-billion (around Rs 7,200 crore) investments in 2013, down 65 per cent from the previous year’s $3.4 billion, according to a report by real estate consultancy Cushman and Wakefield.
Sunteck Realty rises high in uneven Mumbai
Apr 05, 2014
MUMBAI: In Mumbai's real estate sector, Sunteck Realty stands apart. The company based in and focused on Mumbai has seen interest from major investors at a time most experts and analysts have negative views on the city's realtors. Ajay Piramal is among the latest to join its investor list. Kotak Realty fund holds an 8% stake in Sunteck, while other investors include US-based College Retirement Fund with a 3.2% holding and Singapore's Tree-Line Asia fund with a 1% stake. Promoter Kamal Khetan ho
Realty investments in India dip 65% in 2013
Apr 05, 2014
MUMBAI: In 2013, investments in India’s real estate sector fell 65 per cent to $1.2 billion, making the country the 10th most invested region in Asia-Pacific, according to a report by real estate consultant Cushman & Wakefield. In 2012, Indian realty had received investments of $3.4 billion; then, too, it was 10th in the region.
Survey on green real estate sector 2014
Apr 02, 2014
AHMEDABAD: While construction processes are increasingly adopting environmental improvements, waste minimisation practices and resource inputs, are getting less attention. One of the key objectives of the national mission on sustainable habitat, released by the Indian prime minister in 2008, was to extend the energy conservation building code to new and large buildings, to ensure energy efficiency in a significant way. However, even after six years of its release, the uptake of sustainability pr
Lift for real estate, jewellery markets on Gudi Padwa
Apr 01, 2014
NASHIK: The real estate sector and the jewellery market saw good business across the city on the occasion of Gudi Padwa on Monday.

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