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 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 Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.
The total demand has remained subdued mainly due to high interest rates and property prices.
The bill would prohibit unaccounted money from being pumped into the sector and as now 70 per cent of the money has to be deposited in bank accounts through cheques.
Leasing activities of office and retail spaces would not be affected much.
Though the developments are positive, analysts say the benefits will accrue only in the long run
The need for a regulatory authority has been felt since a long time in the real estate sector, struggling for many years due to tough market and economic conditions.
Exposure to commercial projects under lens.
The new law would boost home buyer confidence as well as investment in the realty sector.
The real estate sector is set to enter a progressive phase in 2015.
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.
India's leading conglomerates are stepping up investments in real estate, recasting what was once a peripheral activity into a core growth driver. Supported by strong balance sheets, established brands and access to long-term capital, major business houses including Aditya Birla, Tata, Godrej, L&T, Raymond, Wadia, Shapoorji Pallonji, Mahindra and Adani are positioning realty as a strategic pillar within their diversified portfolios.
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.
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.
Rimi Sen: 'Even today, Salman Khan or Shah Rukh Khan rule Bollywood but the heroines who started with them are now doing supporting roles, playing sisters or even mothers. A woman's lifespan in the film industry is very short.'
Run and do not look back when you see these real estate code words
LIC has proposed a consolidation of its real estate portfolio and is inviting bids from consultancy organisations.
Real estate companies appear to be the worst hit by the ongoing global uncertainties, coupled with the new norms for primary market issuances.
The company is close to buying 1-million square foot office space for Rs 700 crore in Bengaluru.
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.
With the controversial Land Acquisition Bill pending for long, government on Tuesday made a strong pitch in the Lok Sabha for "some sort of understanding" on it, saying passage of the legislation is necessary to make land available for the programme of 'Housing-for-All' by 2020.
Escalating geopolitical tensions in West Asia are prompting investors with exposure to Dubai's real estate market to reassess their portfolios. And, in this rejig, India is emerging as a stable destination for capital investment and long-term growth.
Foreign capital flows into the Indian real estate jumped over three-fold to $23.9 billion during 2017-21 period as compared to the previous five years, according to Colliers-FICCI report. In its report 'Foreign investments in Indian real estate turn a corner', property consultant Colliers mentioned that the global investors have shown an increased inclination towards investment in Indian real estate buoyed by regulatory reforms introduced in 2016. "Foreign investors, who had previously refrained from investing in the Indian real estate market due to the lack of transparency, started investing in the country with greater optimism from 2017," Colliers said.
Singapore is keen on a public-private partnership with India in infrastructure development, especially in real estate and construction sectors, according to a member of a high-level business delegation visiting Chennai.
In the quarter ended September 30, the Pirojsha Godrej-led firm recorded Rs 492 crore net sales, up 49% year-on-year
This announcement will widen the base of investors, especially mid-sized financial institutions.
'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'
Real estate sector cheers reforms in the Budget.
The project will house 3,000 residential units across 10 towers in the first phase on a 20-acre land parcel that Raymond owns in Thane
The real estate business thrives on creating excess spaces beyond the permitted building codes, short-changing the buyer, and even opting for poorer quality of material. This finds an enthusiastic resonance among the officialdom. Flouting rules is part of the business model, says Mahesh Vijapurkar.
India's residential real estate market experienced a 4 per cent year-on-year decline in sales during Q1CY26, while office leasing reached a quarterly high, rising 6 per cent year-on-year to 29.9 million square feet, according to Knight Frank India.
Laws in several states are inconsistent with the model Bill passed by Parliament.
Real estate investment trusts may not be attractive enough.
The Act envisages that the states and Centre will formulate specific rules for real estate regulation.
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.
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.
