All stories by Raghavendra Kamath
Luxury segment accounts for half of unsold houses: LodhaRediff.com18 Feb 2021
About 7 per cent was priced between Rs 3 crore and Rs 5 crore, 22 per cent priced between Rs 5 crore and Rs 8 crore, and 15 per cent above Rs 8 crore.
Investors flock to warehousing as it has become an asset class of choiceRediff.com12 Jan 2021
Warehousing and logistics segment has been among the most resilient asset classes in the pandemic.
Sops, stamp duty cut help home sales in Mumbai surgeRediff.com5 Nov 2020
Mumbai Metropolitan Region recorded housing sales of nearly 9,200 units in Q3 of calender 2020, against 3,620 units in the preceding quarter, registering a 1.5 times growth which is the highest growth seen any city except Chennai.
Singapore's Mapletree Investments buys land in Mumbai for Rs 525 croreRediff.com12 Oct 2020
The Kanakia group, from which Mapletree did the purchase, had bought the plot from India Tube Mills and Metal Industries for Rs 363 crore in 2018.
Fuelled by demand in southern markets, office leasing risesRediff.com6 Oct 2020
The Q3 office rebound growth was led by Bengaluru and Hyderabad, which together accounted for nearly 80 per cent of the net absorption in Q3.
Collections, cash flows of top-3 realtors hit in Q1Rediff.com7 Aug 2020
However, both developers as well as analysts are hopeful that these business metrics will pick up once activity resumes.
Realty prices crash in Mumbai as buyers go missingRediff.com14 Jul 2020
Mumbai's property markets, where prices earlier crossed Rs 1 lakh per sq. ft in South Mumbai, are seeing a 20-25 per cent markdown from last year's levels.
Pandemic, a wake-up call for city planners: TataRediff.com21 Apr 2020
'High-value homes are designed and built on slum lands and slums are given residue. They do not have access to free air and live in close proximity of others.'
Residential builders stare at a bleak yearRediff.com9 Apr 2020
CREDAI-MCHI, a body of developers in Mumbai, has pegged the drop in sales booking at around 80 per cent in the February-March period this year. This is the second highest fall in residential sales in the past five years, after Q1, 2017, when the decline, due to the note ban, was 37 per cent.
Mall operators' revenues may take 30% hit amid coronavirus spreadRediff.com20 Mar 2020
The analyst said since servicing of principal and interest on loans will beome challenging for mall operatos in the next couple of months.
India to see mall space addition of more than 65 million square feet by 2022Rediff.com30 Dec 2019
Almost all the big mall developers/investors - such as Raheja-owned Inorbit Malls, Xander-APG joint venture Virtuous Retail South Asia (VRSA), property developer Prestige Estates Projects, and Blackstone-owned Nexus Malls - are looking to double their space in a year or two.
Canadian pension manager CPPIB may invest more in IndiaRediff.com5 Dec 2019
CPPIB, which started investing in the country in 2009, has invested in Kotak Mahindra Bank, L&T Infrastructure Development Projects, online education firm Byju's, energy company ReNew Power, logistics firm Delhivery, among others.
'Home prices will be flattish for another 12 months'Rediff.com26 Nov 2019
'After that, volumes and prices would move up.'
Realty majors hope to cash in on festivitiesRediff.com21 Oct 2019
Whether it is DLF in the National Capital Region, or Godrej Properties and Oberoi Realty in Mumbai or Sunteck Realty, Prestige Estates and Sobha Realty in Bengaluru, most top players have launched or lined up a slew of new project launches during this season.
How HDIL MD Sarang Wadhawan's party endedRediff.com11 Oct 2019
Analysts say that PMC Bank case is only going to make matters worse for HDIL and the Wadhawans.
Will student housing become cheaper?Rediff.com30 Jul 2019
Goldman-HDFC JV and OYO Hotels & Homes are betting big on student housing, says Raghavendra Kamath.
Japan's Sumitomo inks India's biggest land dealRediff.com9 Jul 2019
The plot C-65 in the G Block of Bandra Kurla Complex was leased to Goisu Realty (a unit of Sumitomo) for 80 years by MMRDA.
Blackstone inks India's biggest office property dealRediff.com19 Jun 2019
Blackstone has bought A Wing and some part of B Wing of the building, which has three wings with a total area of 1.5 million square feet.
Places where even rich Mumbaikars fear to treadRediff.com5 Jun 2019
50% of south-central Mumbai's high-end apartments remain unsold. The reasons include rocketing prices and a demand-supply mismatch. Of the unsold stock in south-central Mumbai, 38 per cent comprise units sized above 2,000 sq ft carpet area - too high for even wealthy Mumbaikars.
Warbug Pincus, Runwal form JV to build mallsRediff.com21 May 2019
Both partners would inject $200 million each in the form of equity and hold 50 per cent stake each. They plan to raise another $600 million in the form of debt to create a corpus of $1 billion to develop malls across tier-I, II and III cities.