Raghavendra Kamath

All stories by Raghavendra Kamath

Luxury segment accounts for half of unsold houses: Lodha

Luxury segment accounts for half of unsold houses: Lodha

Rediff.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 choice

Investors flock to warehousing as it has become an asset class of choice

Rediff.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 surge

Sops, stamp duty cut help home sales in Mumbai surge

Rediff.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 crore

Singapore's Mapletree Investments buys land in Mumbai for Rs 525 crore

Rediff.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 rises

Fuelled by demand in southern markets, office leasing rises

Rediff.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 Q1

Collections, cash flows of top-3 realtors hit in Q1

Rediff.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 missing

Realty prices crash in Mumbai as buyers go missing

Rediff.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: Tata

Pandemic, a wake-up call for city planners: Tata

Rediff.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 year

Residential builders stare at a bleak year

Rediff.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 spread

Mall operators' revenues may take 30% hit amid coronavirus spread

Rediff.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 2022

India to see mall space addition of more than 65 million square feet by 2022

Rediff.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 India

Canadian pension manager CPPIB may invest more in India

Rediff.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'

'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 festivities

Realty majors hope to cash in on festivities

Rediff.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 ended

How HDIL MD Sarang Wadhawan's party ended

Rediff.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?

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 deal

Japan's Sumitomo inks India's biggest land deal

Rediff.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 deal

Blackstone inks India's biggest office property deal

Rediff.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 tread

Places where even rich Mumbaikars fear to tread

Rediff.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 malls

Warbug Pincus, Runwal form JV to build malls

Rediff.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.

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