Latest Realty News

Second-hand homes in demand
Dec 05, 2014
HYDERABAD: The sluggish movement of the real estate market notwithstanding, the sale of 'second hand homes' in the city has seen an impressive growth over the past few months
Flexible PPP pact to woo industry for smart city
Sep 18, 2014
The Narendra Modi government is working on a “flexible” PPP (public-private partnership) model and efficient urban mobility schemes such as metro and monorail as the primary peg to realise its ambitious project to develop 100 smart cities
Election impact may hold back Mumbai, Gurgaon realty
Sep 15, 2014
Maharashtra and Haryana, the two states headed for legislative Assembly elections on October 15, have another thing in common. They are among the most prominent property markets and together are estimated to constitute 30-40 per cent of the pan-India real estate universe
Real estate revival may begin this festive season
Sep 07, 2014
This could be the beginning of a revival in the real estate sector. After two dry festival? seasons for property launches, developers are gearing up for action this time
Investors stuck with their realty assets due to poor demand
Dec 05, 2013
KOLKATA: Short to middle-term parking of investible surplus is beginning to be quite a problem for that breed of near-faceless individual businessmen who look for suitable assets to invest in only to exit with a decent profit as soon as they can. There are hundreds like these across the country and their favourite parking slots are equities, gold and real estate.
Commercial real estate segment to remain subdued: CBRE
Dec 04, 2013
DELHI: Demand for commercial real estate is likely to remain subdued in the medium term as corporates continue to be in a consolidation mode while excess supply may put pressure on capital and rental values, property consultant CBRE said today.
Dewan Housing Finance gets $85 million from IFC for housing green mortgages
Nov 07, 2013
MUMBAI: World Bank group company IFC said it will extend $85 million in loan to Dewan Housing Finance for affordable and energy-efficient housing.
Office space supply falls sharply by over 75% in Jul-Sept
Oct 22, 2013
DELHI: Office space supply fell by more than 75 per cent during July-September period in the top seven cities compared with the previous quarter due to high vacancy in completed buildings and poor commitments in the under- construction projects, according to property consultant CBRE.
Office space absorption to reach 132 million sqft by 2017: Report
Oct 02, 2013
MUMBAI: Bullish on the revival of the economy after general elections, real estate consultancy firm Cushman & Wakefield expects nearly 132 million sqft of office space, across the eight major metros, to get absorbed by 2017.
Cushman & Wakefield buys out talent pool of Lemongrass Advisors
Sep 05, 2013
KOLKATA: Global property consultant Cushman & Wakefield (C&W) has acquired the entire team of Lemongrass Advisors, a city-based real estate consultancy firm, for an undisclosed amount. The buyout, which comes close on the heels of C&W's acquisition of Singapore-based project management company Project Solution Group two months ago, is aligned with its global strategy to strengthen operations — both organically and inorganically — in the Asia Pacific.
RBI should allow flexibility in housing loan schemes: CBRE
Sep 05, 2013
New Delhi: Anshuman Magazine, Chairman & MD, CBRE South Asia Pvt. Ltd. says, “The RBI’s decision to disallow banks from granting loans for under-construction projects through innovative schemes will adversely affect the sale of projects where such schemes were prevalent. No doubt banks should do their due diligence and assess risks before agreeing to fund these schemes. However they should be allowed the flexibility of such schemes which encourages more people to own homes.”
Impact of land acquisition bill on the real estate scenario in India
Sep 01, 2013
DELHI: The LARR Bill is expected to majorly affect the development of large infrastructure development projects, industrial projects, integrated township projects and if they are brought under the ambit of this law.
Impact of land acquisition bill on the real estate scenario in India
Aug 31, 2013
DELHI: The LARR Bill is expected to majorly affect the development of large infrastructure development projects, industrial projects, integrated township projects and if they are brought under the ambit of this law.
Realty sector can double its share in GDP to 13% by 2025: CBRE
Aug 10, 2013
DELHI: The realty sector can more than double its contribution to GDP to 13 per cent by 2025 on rising housing demand, if the government removes bottlenecks in infrastructure, lowers borrowing cost and makes process of approvals shorter, global property consultant CBRE said.
Private equity investment in realty drops 46% in first half to Rs 1,638 crore
Jul 30, 2013
DELHI: Private equity investment in the real estate sector fell by 46 per cent to $ 276 million in the first half of 2013 due to lack of good projects and weak sentiments, property consultant Cushman & Wakefield said.
Real estate's share in GDP estimated at 6.3%: Report
Jul 28, 2013
NEW DELHI/MOSCOW: The contribution of the real estate sector to India's GDP has been estimated at 6.3 per cent in 2013, and the segment is expected to generate 7.6 million jobs in the same period, according to a report.
South Mumbai property rates crash 30% as buyers miss the ‘view point’
Jun 22, 2013
MUMBAI: Marquee apartment buildings in south Mumbai with views to die for (of the sea, the Queen's Necklace, the Race Course) fetched its owners unheard-of prices till a few years ago. But not any more as new apartments which tend to block the views are depressing property values by up to 30%. The art deco Kamal Mahal, which was once the home of the Ambani and Godrej families, on Carmichael Road now has the high rise Imperial Towers by Shapoorji Pallonji on its east side blocking the view reside

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