Note ban, mega deals shaped India's realty segment

While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation, reports Raghavendra......

Backs to the wall, realtors go on cost-cutting spree to save cash

Plan to lay off excess staff, trim salaries of top executives. Faced with a tight liquidity scenario in the wake of demonetisation and Real Estate (Regulation & Development) Act, 2016, or Rera,......

Demonetisation: Double whammy for property developers

A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped, reports Raghavendra Kamath/Business Standard. Demonetisation and the Real Estate......

If banks are allowed to fund land purchase, properties will become affordable

Banks are not allowed to lend to developers for purchasing land parcels. While developers agreed with HDFC Chairman Deepak Parekh’s call to allow banks and housing finance companies to fund......

DLF win IPL title sponsorship rights

India's leading real estate developer DLF Ltd has bagged the title sponsorship rights for the IndianPremier League extravaganza that is set to kick-off on April 18. A statement from the IPL on......