If you don't want to lose business to China or Vietnam, rents have to stay in check.
Stock markets closed higher on Friday after the Reserve Bank of India kept its benchmark interest rate unchanged as expected and proposed allowing banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.
A man has been arrested in Faridabad for allegedly grabbing land using forged documents. The accused, Aman Goyal, was arrested after a complaint was filed regarding a disputed plot in Sector 35. The complainant, Mala Sharma, claimed Goyal threatened her after she purchased the plot and he allegedly attempted to seize it using a fake agreement.
Dr Cor van Zadelhoff is no stranger to India and comes here for both work and pleasure. A pioneer in the European real estate business, he has friends among the Indian royal families through the polo circuit.
Around 15 venture funds from the US and Southeast Asia will be making investments in the Indian real estate sector through the FII route
Goldman Sachs, Morgan Stanley and JPMorgan, the three bulge-bracket banking groups of the US, are likely to get active in Indian real estate after a long gap, according to executives with property funds and consultancies.
As real estate is about a tenth of the Indian economy, the extent of black money floating around in the sector is huge.
The on-going search operation started a fortnight back in which the evasion by firms providing real estate services, including renting and other collaborations was detected, official sources said.
The hottest space in the market for the last 12-15 months has been real estate.
Crisil Real Estate Ratings provide city specific all-round assessment of real estate projects and help buyers benchmark and identify quality projects within their cities.
Demonitisation will facilitate transparency in the real estate industry, which has had a notorious reputation as a safe locker for black money, says Saket Mohta.
A 20-year-old college student has alleged that a man molested and attempted to rape her during a party in Bengaluru, and later he and his associates assaulted her friends and threatened them with dire consequences, the police said on Thursday.
The Enforcement Directorate conducted fresh searches against Punjab industries minister Sanjeev Arora and others allegedly linked to him as part of a money laundering investigation.
In opaque, complicated markets like real estate, its best to stay away from generalisations.
No promoter is allowed to advertise, market, book, sell or offer for sale, or invite persons to purchase any plot, apartment or building, in a project without registering with the authority.
Newer asset classes such as data centres and rental housing gained prominence among investors.
Owing to the risk perception attached with the segment by banks, the residential realty segment has been increasingly relying on non-banking financial companies and housing finance companies to raise debt financing, reports Abhijit Lele.
A businessman in Navi Mumbai is accused of defrauding four investors of Rs 28.4 lakh through a forex trading scheme promising high returns.
Despite attractive offers and discounts, the realty players have not been able to revive market sentiments post Diwali in Tier-II towns of Punjab and Haryana.
Real estate business and market have so far been the monopoly of promoters, developers and builders.
The Congress party's real estate bank has been receiving complaints from state units, and Priyanka Gandhi's first formal responsibility maybe to address these woes.
No other asset increases your wealth the way real estate does, says and if you are looking to make a lucrative investment which will surely give you the returns you deserve, property is the answer, says Saket Mohta.
The owners of the cash-strapped Deccan Chargers sold the Indian Premier League franchise to a real estate company for an undisclosed sum. Deccan Chronicle Holdings, which paid $107 million for the franchise in 2008, informed the stock exchanges on Friday of their decision to sell the team to Kamla Landmarc, a Mumbai-based real estate company.
The industry describes projects priced beyond Rs 5 crore (Rs 50 million) in Delhi and the National Capital Region region as luxury, but the benchmark is Rs 10 crore (Rs 100 million) for Mumbai.
Early this week, Sebi notified AIF regulations for private equity, hedge funds, venture capital funds and real estate funds, among others.
This year's Budget comes at a time when interest rates are still high and demand for real estate has remained poor.
Indiabulls Financial Services on Thursday said leading international real estate consultancy Knight Frank has valued its real estate business at Rs 15,125 crore (Rs 151.25 billion).
Former chief secretary Vinit Chowdhary has criticised Himachal Pradesh Chief Minister Sukhwinder Singh Sukhu over his handling of graft allegations in the Chester Hill housing project.
'The inflection point that really happened in the sector was during the pandemic when buyers' perception changed towards consumption and that gave a trigger to pent-up demand with the increased affordability.'
'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'
Puneet Wadhwa and Debashish Pachal locate real estate stocks to watch out for.
Laws in several states are inconsistent with the model Bill passed by Parliament.
Telecom major Reliance Communications plans to monetise its real estate assets as it looks to pare debt.
According to villagers in the region, builders have been doing the rounds of the area, trying to spot suitable locations for residential projects.
The Enforcement Directorate conducted searches against Punjab industries minister Sanjeev Arora and others allegedly linked to him as part of a money laundering case investigation.
Real estate is a major asset in India and it will be a "big scene" in the next 20-30 years, says investment guru Marc Faber.
Low registration also seen in last six months.
