Latest Realty News

Repo rate hike will deepen crisis in real estate: Credai
Jan 29, 2014
HYDERABAD: The Confederation of Real Estate Developers’ Associations of India (Credai) has expressed concern over the RBI decision to increase the repo rates by 25 bps to 8 per cent in the monetary policy review.
Business leaders decry rate rise
Jan 29, 2014
MUMBAI: The Reserve Bank of India (RBI)'s raising of the repo rate (at which it lends to banks for the short term) by 0.25 basis points is aimed to control rising prices rather than to encourage economic growth, say chief executives (CEOs) of companies.
Project money being diverted to fund poll campaigns, realtors fear labour crisis too
Jan 28, 2014
DELHI: In Noida, part of the National Capital Region and home to a burgeoning middle class, a builder is wondering where he'll find the money to finish building about 1,200 apartments that are to be delivered by the middle of next year. Unless he can find some cash, the construction will grind to a halt. But all the usual sources of funds have dried up, at least until the general election is over.
Affordable housing to remain in demand in 2014
Jan 27, 2014
MUMBAI: The year 2013 was the period of reforms and surprises for real estate industry. Government landed the sector with policy reforms to restrict land disputes across India, introduced REIT for healthy funding and also relief through various changes in act then at the same time buyers were worrying about rising inflation and interest rates that affected home loan amount.
Investors turn to realty as gold loses sheen after curbs
Jan 24, 2014
MUMBAI: The government's efforts in the past few months to curtail gold demand may have come as a saving grace for the real estate sector. For months, realty had been going through a slump in the country with high prices keeping the end-user demand low. As the government's efforts to moderate gold demand through import duties and other stricter norms began around July, investors and speculators shifted their focus from the yellow metal to real estate, said a report by India Ratings, the Indian a
Slump hits real estate sales, revenue
Jan 23, 2014
NASHIK: The slowdown, increased land prices, rising cost of construction materials have badly affected the realty sector and around 4,000 ready flats across the city are reportedly lying unsold.
Real estate prices still high despite weak demand: India Ratings & Research
Jan 22, 2014
MUMBAI: India Ratings & Research has maintained a negative to stable outlook on the real estate sector for 2014-15 on the back of continued weak end-user demand and adverse consumer sentiments.
Real estate prices still high despite weak demand: Ind-Ra
Jan 22, 2014
MUMBAI: India Ratings & Research has maintained a negative to stable outlook on the real estate sector for 2014-15 on the back of continued weak end-user demand and adverse consumer sentiments.
Innovations, technological developments in construction
Jan 21, 2014
MUMBAI: During the past decade, the construction industry has adopted various innovative tools to curb costs, reduce timelines and improve safety standards during project development.
Real estate (office) urged to contribute to new international standard
Jan 21, 2014
MUMBAI: The International Property Measurement Standards Coalition (IPMSC) has launched a public consultation on theInternational Property Measurement Standard (IPMS) for office buildings.
Realty picking up pace in Tier II cities
Jan 18, 2014
BANGALORE: Today the real estate sector is focusing on providing all amenities and comforts in both Tier I and Tier II cities. It has acquired many aspects of development across its sub-sectors. The commercial realty sector has turned into smart and eco-friendly structures. The retail sector is rapidly growing with dense show stores at high-end market locations. They differentiate their stores by investing in innovative formats ranging from food, discounts to convenience stores. The residential
Chennai housing market to see 16K launches in 2014
Jan 17, 2014
CHENNAI: The residential real estate sector in Chennai is expected to see a completion of more than 16,000 residential units across all categories in 2014, as against 13,000 units launched during 2013.
Increased role of project managers in real estate
Jan 15, 2014
DELHI: With the real estate sector getting more organised, the policy makers are addressing the major bottlenecks of the industry. High rate of inflation and the slowdown in the economy are affecting housing development to a large extent. In order to induce maximum efficiency in terms of cost, quality, delivery and profit, many companies are turning towards employing highly skilled project managers who plan, schedule and monitor the progress of projects.
Odisha to hunt evaders of works contract tax in realty sector
Jan 13, 2014
BHUBANESWAR: The Commercial tax wing of the state government has ordered its officers to identify real estate developers, who do not deduct works contract tax (WCT) from contractor's fee, as part of its drive to boost revenue collections.
FIIs pour in over Rs 3,500 crore in debt market
Jan 12, 2014
DELHI: Overseas investors have pumped in over Rs 3,500 in the Indian debt market so far in January, when the US Federal Reserve is scheduled to start reducing its monthly bond purchases by $10 billion.
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.
Sales volume in real estate sector in Chennai declines: Study
Jan 10, 2014
CHENNAI: Sales volume in the real estate sector in the city during the last one year witnessed a 33 per cent decline owing to the impact of global slowdown due to high inflation and negative buyer sentiments, research firm Knight Frank said today.
PE exits in real estate rose by 33% in 2013
Jan 09, 2014
CHENNAI: Private equity (PE) firms focused on the real estate sector made 24 exits during 2013 compared to a total of 18 exits announced during 2012. Ten of these exits with disclosed values harvested $421 million for the investors.
Realty investment drops 6% in 20 states
Jan 08, 2014
HYDERABAD: Outstanding investments attracted by the real estate sector in Andhra Pradesh (AP) have dropped from over Rs 1.44 lakh crore as of September 2012 to about Rs 1.39 lakh crore by September 2013, registering a marginal decline of about 3.2 per cent, according to The Associated Chambers of Commerce and Industry (Assocham).
Real estate sector: Growth starting, but no bull-run yet
Jan 07, 2014
MUMBAI: The year 2013 was a year of survival for the real estate sector, but expectations are now high among developers and analysts. The industry is pinning hopes on a mid-year turnaround after the General Elections, it is not likely to materialise given the time lag for policy implementation.
Commercial, retail segments pick up pace in Bangalore
Jan 04, 2014
BANGALORE: For the real estate sector across India, year 2013 did not bring much activity and the same was for Bangalore too. However, the Bangalore real estate market showcased a stable picture, in terms of pricing and actual transactions. The developers have now pinned their hopes to 2014 and expect that with the country-wide realty sector set to gain momentum after general elections, Bangalore will be benefitted as well. The city is driven by the information technology sector and with major I
Investments in realty sector grow 53% in Jan-Sep 2013
Jan 04, 2014
DELHI: Investments in the real estate sector grew by 53% in the first three quarters of calendar 2013 with an infusion of $1,885 million against $1,235 million during the same period in the previous year.
RCom repays Rs 3,100-cr overseas debt
Jan 04, 2014
MUMBAI: Reliance Communications has fully repaid a syndicated external commercial borrowing (ECB) loan of $500 million or Rs 3,100 crore.
Developers optimistic of revival in realty sector in 2014
Jan 01, 2014
DELHI: With high property prices and costlier borrowing hitting real estate, developers are hoping for a reversal of the slowdown in the new year and sales picking up post general elections.
Qatar fund may invest $200 mn in Indian realty
Dec 30, 2013
MUMBAI: Qatar Investment Authority (QIA), the sovereign wealth fund of the gas-rich Gulf emirate, is in talks to invest $200 million in residential property in India, a source with direct knowledge of the matter said.

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