Construction major Shapoorji Pallonji & Co will set up a real estate fund in the next one year. The fund will focus on investments in the domestic market, according to Shapoor Mistry, chairman of Eureka Forbes, a part of the Shapoorji Pallonji group.
A weaker pound and robust economies at home have made Asians the largest investors in Central London's real estate market, a global property consultancy firm, Knight Frank said recently.
Former IPL Commissioner Lalit Modi made a sensational claim that three Chennai Super Kings player had links with a real estate tycoon, who is also a bookie and has close links with Gurunath Meiyappan and other IPL franchisee owners.
Real estate investment trusts may not be attractive enough.
The Enforcement Directorate (ED) has arrested a former Kotak Mahindra Bank executive, Pushpinder Singh, alleged to be the mastermind of a Rs 145-crore fraud involving Panchkula municipal corporation officials, bank employees, and private individuals.
More than other businesses, Indian developers and contractors are particularly reliant on ties with the government to acquire land or win contracts.
The sale of Leela Kempinski Kovalam was among the top 10 hotel deals in Asia during the past one year, shows data from the US-based research firm Real Capital Analytics.
Reit as an investment vehicle has a huge opportunity as the country has a rent-yielding office inventory of 537 million square feet valued in excess of $70 billion.
The Enforcement Directorate has reported a staggering 170 per cent surge in asset attachments, reaching 81,422 crore in the last financial year (FY26), underscoring its intensified efforts against financial crimes and its significant role in restituting funds to victims.
Sapne vs Everyone is dark, and often depressing. At the same time, it is not completely hopeless, notes Deepa Gahlot.
The Indian real estate market is expected grow from the current level of $14 billion to $102 billion in the next 10 years
The Delhi government is developing a drone policy focused on creating research clusters, establishing testing facilities, enabling drone use in traffic management, and providing subsidies to support the drone ecosystem.
The Supreme Court has appointed former Chief Justice of India Sanjiv Khanna as the sole mediator to resolve a dispute involving businessman Ashokbhai Haribhai Gajera and others in a case linked to textile market projects in Surat. The case involves allegations of siphoning off Rs 1,900 crore and forging documents.
Thousands of New York Knicks fans celebrated their NBA Finals victory in Midtown Manhattan, leading to chaotic scenes including a World Cup bus being set alight and a teenager suffering a gunshot wound in Times Square. Police eventually intervened to disperse the unruly crowds.
A civilised society depends on having the greatest possible number of people who have a stake in society. Being a homeowner gives one a secure and direct stake in society; so that is the goal we need to work towards.
The Bill will facilitate setting up real estate regulators.
While riskier than debt, Sebi's stringent guidelines may ensure a safe and liquid product.
Knight Frank and Royal Institute of Chartered Surveyors in their report said that 10 million homes will be delivered by 2022 as targeted by the government.
'In the (election) affidavit, he had declared Rs 1,400 crores as his assets. He has educational institutions, real estate, malls, etc.'
Madhya Pradesh BJP president Hemant Khandelwal has termed the land scam allegations against Yadav as "baseless", saying whenever the state has a CM from the backward class, the Congress attempts to weaken him.
With big developers eyeing land buyouts and projects of smaller builders, the real estate sector in the country will witness consolidation in six to eight months. A key driver would be attractive valuations of such properties.
Corporate India is projected to offer salary increments ranging from 8.6 per cent to 10.2 per cent across various industries in the financial year 2026-27, primarily fuelled by a sustained demand for skilled and execution-focused talent, according to a TeamLease Services report.
From 690,800 sq ft in 2013, the absorption by e-commerce companies in Chennai dropped to 31,150 sq ft last year.
For the real estate sector, Diwali was the worst period after the global recession struck in 2008-09.
The Enforcement Directorate conducted raids on a Gurugram-based realty group, 32nd Avenue, as part of an investigation into an alleged 500 crore fraud targeting investors. The raids targeted seven premises linked to the group, which operates in Delhi-NCR and Goa. The investigation stems from multiple FIRs filed by investors who claim they were duped.
Exposure to commercial projects under lens.
In a deadly twist to what would have been a dream wedding, police on Tuesday said 26-year-old Ketan, who died while on a trek on June 18, was allegedly pushed into the gorge by his fiancee Siya (20) and her lover Chetan (22).
The government on Thursday proposed reduction in stamp duty on real estate deals to less than five per cent in order to prevent tax evasions.
Of the 10 projects under Sahara City Homes, at least four -- in Ahmedabad (Gujarat), Aurangabad and Pune (Maharashtra) and Bareilly (Uttar Pradesh) -- have either not taken off or are stuck.
The jewellery industry has welcomed the government's decision to ban old Rs 500 and Rs 1,000 notes, saying gold demand will rise as people will have more faith in the precious metal than the currency notes. But the unorganised builders and secondary (resale) property market would be adversely impacted.
A stable government at the Centre and its plans to set up smart cities has revived investors' interest in the country with Mumbai, Delhi and Bangalore set to emerge as hot investment destinations in 2015.
Property markets in Uttarakhand and Himachal Pradesh, which have had a dream run in recent years, are set to face a downturn.
Amenities include 20,000 sft clubhouse that features a terrace swimming pool, gym and an indoor badminton court.
'ISRO is planning to build a Bharatiya Antariksh Station by 2030. So, our goal is to create a vehicle that can supply modules to the Bharatiya Antariksh Station and bring the products back.'
Dehradun Police have arrested a sharpshooter from Uttar Pradesh for the murder of a local businessman in Rajpur last year. The murder was orchestrated due to a property dispute between the victim and his stepbrother.
Pune police have revealed that Ketan Agarwal's fiancee, Siya Goyal, and her lover, Chetan Chaudhary, exchanged 2,004 calls and spent 238 hours on the phone in the six months leading up to Agarwal's alleged murder at Lohagad Fort, suggesting extensive planning for the crime.
'People become guided by emotions, fear of missing out, and greed. They tend to invest in booming sectors that may prove exceptionally expensive.' 'Typically, that represents the peak, and subsequently, they lose substantially.'
The real estate sector presents a daunting picture with revival prospects appearing to be bleak.
