News for 'Real Estate'

Housing prices rise 10% in Q3 in 8 cities, Delhi-NCR tops

Housing prices rise 10% in Q3 in 8 cities, Delhi-NCR tops

Rediff.com25 Feb 2025

Housing prices appreciated at an average of 10 per cent during the December quarter across eight major cities on strong demand, higher input cost, according to a report by CREDAI, Colliers and Liases Foras. Realtors' body CREDAI, real estate consultant Colliers India, and data analytic firm Liases Foras on Tuesday released their joint report, which showed that Delhi-NCR saw a maximum appreciation of 31 pc annually during the October-December period of 2024.

Troubled paintmakers pin hopes on real estate

Troubled paintmakers pin hopes on real estate

Rediff.com22 Dec 2008

The sector, for long, has been a barometer of economic activity in any country. Demand goes up in a boom as people buy more homes and cars, and businessmen put up more commercial space and factories. Conversely, the demand slumps quickly in a slowdown.

Finanical, real estate stocks pull down Sensex

Finanical, real estate stocks pull down Sensex

Rediff.com21 Aug 2008

The BSE Bankex and the realy index plunged over 5% each to 6,578 (down 358 points) and 4,945 (down 263 points), respectively. The market breadth was fairly negative with nearly five declining stocks for every two advancing shares - out of 2,713 stocks traded, 1,915 declined and 733 advanced on Thursday.

Private equity's next leap hinges on local fund needs and buyouts

Private equity's next leap hinges on local fund needs and buyouts

Rediff.com21 Mar 2025

India's private equity industry is evolving, with local funds securing substantial capital and achieving consistent returns. During a panel discussion at TiEcon Mumbai 2025, industry leaders emphasised growing opportunities in scaling buyouts and expanding domestic investor participation.

ED to restore Rs 15K cr to victims of frauds; returns Rs 31,951 cr so far

ED to restore Rs 15K cr to victims of frauds; returns Rs 31,951 cr so far

Rediff.com21 Apr 2025

The Enforcement Directorate (ED) has earmarked assets worth about Rs 15,000 crore that will be restored to victims of real estate, Ponzi and other frauds across India during the current financial year. The agency has been "aggressively" initiating this provision for restitution since last year to ensure rightful claimants duped by financial crime get their dues. The ED has already restored Rs 31,951 crore worth of assets under this provision, including Rs 15,201.65 crore from 2019-21 in cases related to Vijay Mallya, Nirav Modi and the National Spot Exchange Limited (NSEL). The ED Director has issued directions to all regions to actively work on cases marked for restitution of assets worth Rs 15,000 crore during the financial year 2025-26.

Strong traction from new launches a positive for top realty players

Strong traction from new launches a positive for top realty players

Rediff.com1 Oct 2024

The national real estate market presents an intriguing picture. Lower volumes and flat pricing serve as dampeners. Sales bookings across the top ten markets have seen 6 per cent growth year-on-year (Y-o-Y) between April and August 2024, but sales volume is down 8 per cent Y-o-Y. Unsold inventory is up.

Indian IT firms eye Malaysian real estate

Indian IT firms eye Malaysian real estate

Rediff.com28 Sep 2007

Indian IT firms companies having their operations in Malaysia are showing great amount of interest in investing in residential properties in Malaysia. Over 700 Indians have acquired residential properties.

Why Mysore is a real estate hotspot

Why Mysore is a real estate hotspot

Rediff.com22 Sep 2007

There is news that Accenture, IBM, Cognizant Technologies and Honeywell too might extend their operations in Mysore. And wherever IT companies go they usually provide a push to other residential and retail sectors too.

Manufacturing, mining pull down Q3 GDP growth to 6.2%

Manufacturing, mining pull down Q3 GDP growth to 6.2%

Rediff.com28 Feb 2025

India's economic growth rate decelerated to 6.2 per cent in the October-December quarter this fiscal, mainly due to poor performance by mining, manufacturing and all other sectors, with the exception of agriculture. However, on a sequential basis, the economic growth rate in the third quarter showed improvement over 5.6 per cent recorded in the second quarter.

Real estate: Faridabad, Ghaziabad are good bets

Real estate: Faridabad, Ghaziabad are good bets

Rediff.com2 Jun 2007

With prices in Gurgaon touching Rs 9,000 per sq ft, investors are looking to making an exit.

K V Kamath on real estate bubble

K V Kamath on real estate bubble

Rediff.com2 Apr 2007

Perhaps asset inflation in some parts of the country is not what it should be. To that extent you could say there is a bubble in some places. Will it burst or will there be a soft landing? It's too early to call, says K V Kamath.

Strong growth prospects, mixed valuations seen for Info Edge stock

Strong growth prospects, mixed valuations seen for Info Edge stock

Rediff.com21 Aug 2024

Info Edge (India), the country's leading consumer internet company known for its platforms in recruitment (naukri.com), real estate (99acres.com), matrimony (jeevansathi.com) and education (shiksha.com) space, delivered revenue growth in line with expectations in the April-June quarter (Q1) of FY25.

When local real estate players go national

When local real estate players go national

Rediff.com23 Dec 2006

An increasing number of Kolkata-based real estate players are spreading their wings and building interesting projects all over India.

Realtors gear up for firecracker Diwali, offers slew of attractive schemes

Realtors gear up for firecracker Diwali, offers slew of attractive schemes

Rediff.com8 Nov 2023

With the real estate sector witnessing robust demand, realtors are doling out freebies and offering a slew of attractive schemes to lure potential customers this festival season. "Developers are providing Amazon vouchers that go up to Rs 1 lakh, iPads, and flexible payment plans that propel customer excitement," said Angad Bedi, managing director at real estate company BCD Group. Bedi said customers have a mindset to go for a change during the festival season, and developers see it as an opportunity to combine it with long-term and practical offers that drive buyers to close in on a deal during this period.

How AI Will Revolutionise Workplaces

How AI Will Revolutionise Workplaces

Rediff.com21 Dec 2023

'Even for operational buildings, we are looking to smarten them in various ways.'

Demo impact: Real estate prices are dropping and how!

Demo impact: Real estate prices are dropping and how!

Rediff.com14 Nov 2017

While Gurugram sees biggest drop in house prices, housing sales in Bengaluru dropped by 45 per cent followed by Kolkata, a 44 per cent decrease, and Ahmedabad, a 42 per cent decline.

D searches Hirandandani premises as part of FEMA probe

D searches Hirandandani premises as part of FEMA probe

Rediff.com22 Feb 2024

The Directorate of Enforcement (ED) is conducting searches at multiple premises of the Hiranandani Group in Mumbai on charges of violations under the Foreign Exchange Management Act (FEMA), according to sources.

Markets join global selloff; Sensex sinks below 80k

Markets join global selloff; Sensex sinks below 80k

Rediff.com19 Dec 2024

Equity benchmark Sensex on Thursday plunged about 965 points to crash below the 80,000 level due to heavy selling in global equities after the US Federal Reserve signalled fewer rate cuts next year. Besides, deep losses in consumer durables, banking and IT stocks amid foreign fund outflows added to the gloom, analysts said.

Kerala: The Puzzled Book Of Questions

Kerala: The Puzzled Book Of Questions

Rediff.com11 Jun 2025

Can a culture survive as a way of life, even as the language and writing at its core, alter with time? Can we be rational and Malayalee or do we have to necessarily be religious and proudly cultural to be Malayalee? asks Shyam G Menon.

LIC to foray into real estate biz

LIC to foray into real estate biz

Rediff.com15 Sep 2005

In a bid to get more returns from its properties, Life Insurance Corporation of India has identified 70 sites, spread across the country, for development of either residential or commercial projects.

Explained: Tax Changes On Property Sales

Explained: Tax Changes On Property Sales

Rediff.com25 Jul 2024

Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.

NSE arm launches India's 1st REITs and InvITs index

NSE arm launches India's 1st REITs and InvITs index

Rediff.com11 Apr 2023

NSE Indices Ltd, an arm of the National Stock Exchange (NSE), on Tuesday launched the country's first-ever Real Estate Investment Trusts and Infrastructure Investment Trusts index -- Nifty REITs and InvITs Index. The index aims to track the performance of REITs and InvITs that are publicly listed and traded on the NSE, the exchange said in a statement. A real estate investment trust (REIT) or an infrastructure investment trust (InvIT) is an investment vehicle that owns revenue-generating real estate or infrastructure assets.

Real Estate: Offenders go scot-free, victims pay

Real Estate: Offenders go scot-free, victims pay

Rediff.com2 May 2013

Civic bodies which are supposed to regulate the dimensions of a city's growth, including what land ought to be used how, also have the responsibility of detecting and curbing flouting of norms, says Mahesh Vijapurkar.

In Very Short Supply: Affordable Housing!

In Very Short Supply: Affordable Housing!

Rediff.com5 Oct 2024

'Developers are into profit-making. And there's not too much money in the affordable segment.' 'So, they don't do affordable housing.'

ED raids Raj Cong leader, Punjab AAP MLA in Rs 48,000 cr PACL scam

ED raids Raj Cong leader, Punjab AAP MLA in Rs 48,000 cr PACL scam

Rediff.com15 Apr 2025

The Enforcement Directorate (ED) conducted raids on the premises of Rajasthan Congress leader and former minister Pratap Singh Khachariyawas and Punjab AAP MLA Kulwant Singh as part of a money laundering probe linked to the Rs 48,000-crore PACL Ponzi scam. Khachariyawas, who served as a minister in the Ashok Gehlot government, claimed the ED action was politically motivated due to his criticism of the government. Singh, a real estate promoter, is reported to be Punjab's richest MLA with assets worth Rs 1,000 crore. The ED has been investigating the PACL scam since 2015, alleging that the company defrauded investors of Rs 48,000 crore through fraudulent investment schemes.

Vibe Coding's Challenge For India's IT Cos

Vibe Coding's Challenge For India's IT Cos

Rediff.com14 May 2025

'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.

Ethnic Suits Shaandaar Shibani

Ethnic Suits Shaandaar Shibani

Rediff.com22 Oct 2024

Autumnal colours are also Indian bridal shades and how splendid are lehengas that blend these hues together.

Why YOU must invest in real estate TODAY!

Why YOU must invest in real estate TODAY!

Rediff.com2 Nov 2012

Here are three important reasons...

Pune cricketer dies of heart attack on field

Pune cricketer dies of heart attack on field

Rediff.com29 Nov 2024

'He was in good physical condition. In fact, he was an allrounder who loved the game. We're all still in shock.'

Realty stocks' rally may hit valuation hurdle

Realty stocks' rally may hit valuation hurdle

Rediff.com18 Jan 2024

Shares of real estate firms have been outperforming over the past year. The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. "Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels," suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.

Despite market volatility, corporate fundraising at record high in FY25

Despite market volatility, corporate fundraising at record high in FY25

Rediff.com28 Mar 2025

Fundraising by Indian companies through equity and debt reached an all-time high in the financial year 2024-25 (FY25), according to data collated by primedatabase.com. Fundraising through debt stood at Rs 11.1 trillion in FY25, including contributions from InvITs (infrastructure investment trusts) and REITs (real estate investment trusts).

Trump still faces four criminal indictments

Trump still faces four criminal indictments

Rediff.com7 Nov 2024

In effect, he became the first former president to get the nomination for the top office after being convicted of a felony.

IPL Boosts JioHotstar To 200M Subscribers

IPL Boosts JioHotstar To 200M Subscribers

Rediff.com14 Apr 2025

The subscriber count made JioHotstar one of the largest OTT platforms in the world.

Trump 2.0: Return Of The Maverick

Trump 2.0: Return Of The Maverick

Rediff.com20 Jan 2025

In the weeks between his phenomenal electoral victory and swearing-in as the 47th president of the United States, the world got a preview of what a second Donald Trump presidency will entail -- both for itself and America.

7 Money Secrets Rich People Don't Want You To Know

7 Money Secrets Rich People Don't Want You To Know

Rediff.com24 Apr 2025

Whether you're a young professional, a seasoned entrepreneur, or someone simply looking to take control of your financial future, adopting these principles can be life-changing, says Ramalingam Kalirajan

India's biggest real estate miracle is unfolding here!

India's biggest real estate miracle is unfolding here!

Rediff.com14 Mar 2011

Statistics from PropEquity, a firm that compiles and analyses real estate data across India, show that by 2014, Noida will have 190,123 new houses and apartments -- almost 40,000 more than what Gurgaon, Navi Mumbai, Gachibowli (Hyderabad) and Hinjewadi (Pune) collectively offer.

GCCs reach new heights in India with neo and mid-sized banks

GCCs reach new heights in India with neo and mid-sized banks

Rediff.com24 Mar 2025

Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.