Latest Realty News

Oct 31, 2015
Mumbai: Hopeful that the age of slowdown will end soon for the real estate industry, Finance Minister Arun Jaitley on Saturday said the sector must survive on market economy and subsidies should not be the "essence of survival".
Modi regime might fuel FDI rush into real estate
May 20, 2014
DELHI: With a clear mandate for a Bharatiya Janata Party (BJP)-led government at the Centre, developers and experts are expecting a revival and an increased inflow of foreign investments into the realty sector.
Post elections, realty demand to soar in Visakhapatnam
May 09, 2014
VISAKHAPATNAM: With the heat and dust of elections finally settling down, realtors in Seemandhra are heaving a sigh of relief. They have their fingers crossed that after the lean spell in April, the formation of a new, stable government at the Centre and an end to the much-prolonged bifurcation tangle will spur growth in the realty sector from June onwards.
Gera Developments launches ChildCentric Homes
Apr 29, 2014
PUNE: Pune based Gera Developments has launched a ChildCentric homes, a premium real estate project. These residences will be designed to offer a range of conveniences which can help children discover their passion. Kumar Gera, chairman, Gera Developers said, "The launch of ChildCentric Homes will create a paradigm shift in the real estate for both, the developer as well as the home buyer."
Realty sector creating avenues of employment in Hyderabad
Apr 15, 2014
HYDERABAD: Infrastructure growth has been playing a vital role in providing employment in both organised and unorganised sectors in India and Hyderabad in particular. In fact after agriculture, real estate sector is the second largest creator of employment. In Hyderabad several large scale housing projects have come up in the last five to ten years and there are many more projects which are in the pipeline. Several supporting infrastructure need to be built for these projects such as water suppl
Investment in realty sector dips 65% in 2013 at $1.2 bn
Apr 04, 2014
DELHI: Investment in Indian real estate declined by 65 per cent to $1.2 billion during 2013 but the country was able to retain 10th rank in Asia Pacific, global property consultant Cushman & Wakefield said
India's realty sector remains favoured destination: Grant Thornton
Mar 22, 2014
MUMBAI: The Indian construction and real estate sector continues to be a favoured destination for global investors and businesses are optimistic about their prospects for this year, says a report.
Funding the realty sector
Mar 21, 2014
HYDERABAD: The Reserve Bank of India’s diktat to banks to link the disbursal of home loans to stages of construction, to protect the interests of buyers and contain the fallout of ‘innovative’ housing finance schemes, has yet again revived the debate over the right funding formula to sustain the real estate business. Developers have experimented with numerous funding options. Nevertheless, many of them are now being forced to seek other unregulated sources of funding, which come at a significant
‘Landed’ Ahmedabad is squatting on its treasure
Feb 11, 2014
AHMEDABAD: About 47% of public land worth nearly Rs 50,000 crore in Ahmedabad is fit to be sold by the government, says a paper by the World Bank. Out of 3,102 hectares of public land, the state can market 1,699 hectares and use the finances to fund urban infrastructure, the paper recommends. It implies per capita availability of fiscal resources amounting from Rs 36,000 to Rs 97,000 by marketing this public land.
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.
Mumbai finds no takers for super-luxury Rs 100-crore palatial flats
Jan 31, 2014
MUMBAI: The palatial 15,000 sq ft duplexes in the under-construction 55-storey Sasen building on tony Napean Sea Road offers the country’s costliest residences at Rs 100-120 crore each. But for six years now, the project, earlier known as Lotus Villa, has not sold a single unit.
M3M to invest Rs 3,000 crore on 7 realty projects in Gurgaon
Jan 15, 2014
DELHI: Realty firm M3M will invest Rs 3,000 crore over three years on the construction of ongoing seven projects in Gurgaon.
Piramal PE closes Rs 1,000-cr realty fund
Jan 09, 2014
MUMBAI: The Piramals-backed private equity fund, focused on realty sector, today said it has finished raising a Rs 1,000-crore fund and has already committed Rs 250 crore from the corpus in three projects.
High returns make realty investors ignore risks, say experts
Dec 31, 2013
MUMBAI: The ongoing slowdown and steep rupee fall are among the factors making the country a riskier realty destination for global investors, even as it continues to be a high return market, say experts.
Real estate in 2014: Haggle hard with the developers
Dec 30, 2013
MUMBAI: With the economy slowing down, job losses mounting and salary increments pared to the bare minimum, the real estate sector found itself in all sorts of difficulties in 2013. High property prices and interest rates on home loans also took a toll on affordability.
High returns make realty investors ignore risks: Experts
Dec 30, 2013
MUMBAI: The ongoing slowdown and steep rupee fall are among the factors making the country a riskier realty destination for global investors, even as it continues to be a high return market, say experts.
Timely delivery can boost realty market
Dec 28, 2013
DELHI: Some real estate builders are not ready to change, especially when it comes to timely delivery of flats. Shashi Jha, a Delhi-based scribe, could not believe his eyes when he visited the construction site of the project where he had bought a flat eight months ago—there was hardly any work to show. When he took up the matter with the developer, he was given oodles of assurances. Two months down the line, nothing has moved on the ground, he says.
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.
Bangalore corners 42% of Rs 4,716 crore realty funding
Dec 24, 2013
BANGALORE: The country’s IT capital has attracted the lion’s share of private equity (PE) investments in the real estate sector, approximately 42% of Rs 4,716 crore (roughly $755 million) of the investment that has flowed in between January and September this year.
Realty sector welcomes home loan rate cuts by SBI, HDFC
Dec 21, 2013
MUMBAI: Welcoming the 0.25 per cent rate cut by two of the biggest home loan financiers SBIBSE 1.24 % and HDFC, realty sector participants today said the move will help revive interest in the gloomy market.
PE investments give cash-hit realty sector a new lease of life
Dec 16, 2013
MUMBAI: Home-grown private equity funds seem to have opened their purse strings again for the realty sector, which is facing a cash crunch.
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
Realty sector: A new pressure point
Nov 06, 2013
MUMBAI: In his first full-fledged review of the monetary policy, Reserve Bank of India (RBI) Governor Raghuram Rajan stuck to the continuing hawkish stance of inflation control first, which has seen the repo rate go up by another 25 basis points. The repo rate is the rate at which the central bank lends money (liquidity) to the financial system, and is the key policy rate. After the RBI action on October 29, it stands at 7.75 per cent.
Flood effect: Realty sector hit as workers in short supply
Oct 30, 2013
BHUBANESWAR: Realtors are keeping their fingers crossed about the impact cyclone Phailin and the subsequent floods are likely to have on the real estate sector.
Four steps to successful real estate investment in Chennai
Oct 25, 2013
CHENNAI: Whilereal estate is one of the most popular asset classes, it requires a combination of knowledge and discipline to generate healthy returns on investment. Here are four steps that could help you in making a successful decision and reap rich rewards in the long term.

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