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.
Newer asset classes such as data centres and rental housing gained prominence among investors.
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.
Authorities in Kuwait have launched a crackdown on illegal property extensions in the wake of a devastating fire at a seven-storey building that claimed the lives of 50 people, including 46 Indians, according to a media report on Saturday.
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.
Your children may always love you but should you expect them to to finance your retirement in today's economy?
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.
The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.
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).
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.
Puneet Wadhwa and Debashish Pachal locate real estate stocks to watch out for.
According to villagers in the region, builders have been doing the rounds of the area, trying to spot suitable locations for residential projects.
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.
A World Cup bus was set alight and a teenager suffered a gunshot wound during chaotic scenes in Midtown Manhattan as thousands of basketball fans poured into the streets late on Saturday to celebrate the New York Knicks' historic win in the NBA Finals.
The Enforcement Directorate (ED) has arrested four promoters of Earth Infrastructures Ltd in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.
A man in Hanumakonda district is under investigation for allegedly murdering his pregnant wife and two young daughters by pushing them into a swimming pool. Police are investigating the motives behind the alleged crime.
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.
'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 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.
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.
As we had expected, real estate stocks have seen a slump in prices. The downturn may continue, so it's better to stay away.
Concept of a real estate Bill has been around in the government for almost 10 years now.
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.
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.
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.
Yield-generating instruments like Infrastructure Investment Trusts (Invits), Real Estate Investment Trusts (Reits), and Non-Convertible Debentures (NCDs) are witnessing a surge in investor interest, contrasting with a notable slowdown in the equity primary market, which saw only one IPO in April.
'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.'
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.
this move by the government is likely to iron out the current challenges for the NBFCs and in turn help the real estate sector.
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.
