A committee constituted by the West Bengal government to carry out a special audit of sanctioned plans for high-rise residential and commercial buildings in and around the city will meet on Friday to begin the exercise, Chief Minister Suvendu Adhikari said.
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).
The Enforcement Directorate has launched a money laundering investigation into the alleged embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank, conducting searches across multiple locations.
Telecom major Reliance Communications plans to monetise its real estate assets as it looks to pare debt.
Laws in several states are inconsistent with the model Bill passed by Parliament.
According to villagers in the region, builders have been doing the rounds of the area, trying to spot suitable locations for residential projects.
Puneet Wadhwa and Debashish Pachal locate real estate stocks to watch out for.
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.
The Enforcement Directorate conducted fresh searches against Raheja Developers as part of a money laundering investigation linked to alleged fraud with home buyers.
Shahid U Balwa, one of the promoters of the leading real estate company, DB Realty, as well as the controversial Swan Telecom (now Etilisat DB Telecom), has been questioned by the Central Bureau of Investigation.
A real estate businessman from Bengaluru was found dead in Tamil Nadu a day after being allegedly kidnapped. Police have arrested a suspect believed to be the mastermind behind the crime.
A real estate businessman from Bengaluru was found dead in Tamil Nadu a day after being allegedly kidnapped. Police have arrested a suspect believed to be the mastermind behind the crime.
A real estate businessman from Bengaluru was found dead in Tamil Nadu a day after being allegedly kidnapped. Police have arrested a suspect believed to be the mastermind behind the crime.
'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.'
The CBI has registered an FIR to investigate the alleged embezzlement of 550 crore from Haryana government accounts held with IDFC First Bank, following a referral from the state government.
As we had expected, real estate stocks have seen a slump in prices. The downturn may continue, so it's better to stay away.
Within a week of the CBI arresting senior bankers in the housing finance racket, the competition watchdog CCI on Monday said 11 real estate companies are already under its scanner.
The Supreme Court of India has issued a strong warning against the use of "non-existent, fake, and hallucinated" judgements generated by artificial intelligence (AI), likening it to "the release of methyl Isocyanate in the province of law and justice: invisible, insidious, and catastrophic." The court set aside an NCLT verdict that relied on such AI-generated precedents.
Concept of a real estate Bill has been around in the government for almost 10 years now.
The judgement came on a plea of 'Forum For People's Collective Efforts' , an umbrella homebuyers association, challenging the constitutional validity of West Bengal Housing Industry Regulation Act, 2017, which is more or less identical to the Centre's RERA.
India's leading listed real estate developers are increasingly focusing on pan-India expansion, diversifying beyond their traditional home markets into high-demand residential areas like MMR, NCR, Bengaluru, Hyderabad, Pune, and Chennai to tap broader housing demand and reduce reliance on single-city market cycles.
TVS Venu Group has agreed to acquire a minority stake of up to 9.9 per cent in Jana Small Finance Bank, including a 4.9 per cent ownership by TVS Motor Company, through a combination of primary issuance of warrants and a secondary purchase.
Buyers suffer because they often don't know the relevant details.
Prices of apartments and villas have gone up by up to nine per cent and 16 per cent respectively here during the first half of this year, indicating that the real estate market is on the way to recovery after three years of decline.
Investing requires discipline. One cannot blindly invest money without knowing what one is getting into. Investing into real estate is no different. Here is a checklist that you should use when evaluating your property investment.
Land aggregators now want to sell to large corporations because their payment is guaranteed.
Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.
A man has been arrested in Dehradun for allegedly committing a Rs 1.65 crore fraud by reselling his property using forged documents. The accused, Sanjay Jain, resold a property he had already sold to another individual, leading to his arrest after a complaint was filed.
The RBI reminded that the primary role of these banks is to lend for activities related to agriculture and rural development. The central bank said it has come to its notice that certain state cooperative and central cooperative banks have extended finance to the sector.
As the investigation into the death of real estate businessman Ketan Vishal Agarwal continues to reveal shocking details, the family of one of the prime suspects has come forward claiming his innocence in the case.
this move by the government is likely to iron out the current challenges for the NBFCs and in turn help the real estate sector.
Even though the Reserve Bank of India (RBI) has reduced the risk weightage on loans to commercial developers and cut general provisioning for commercial real estate, commercial banks may not start lending to the sector immediately.
BRPSE's new chairman Nitish Sengupta has suggested that at least three ailing companies, which have been referred to the board, hive off some of their land and get into real estate development to become profitable again.
With a view to exploit its real estate assets, the Indian Railways plans to lease out some of them and aims to rake-in Rs 600 crore (Rs 6 billion) through this move this fiscal, a senior Railways official said.
Developers such as DLF, Unitech and Orbit are in the process of raising around Rs 5,000 crore (Rs 50 billion) in the current fiscal after they rolled over nearly Rs 9,000 crore (Rs 90 billion) debt subsequent to the Reserve Bank of India (RBI) allowing banks to restructure loans to developers.
The Act envisages that the states and Centre will formulate specific rules for real estate regulation.
