The BSE Realty Index is on a downhill journey.
About Rs 2,000 crore of realty money has flown into stocks in the National Capital Region in the months after demonetisation.
Saali Mohabbat escalates the hell-hath-no-fury-like-a-woman-scorned theme, and fashions a dark domestic thriller, discovers Deepa Gahlot.
Real estate is largest employer after agriculture and is slated to grow at 30% over the next decade.
New law could pose challenges of cost escalation, increased paperwork, fear developers.
Data centres are increasingly becoming a key part of the real estate landscape, as reality firms - with rich expertise in land acquisition, construction and dealing with government approvals - are seeing them as opportunities to build long-term assets with continuous revenue flow.
Here is what influenced the realty picture of Kolkata in the 2016's first quarter that just went by:
The Reserve Bank of India on Thrusday ruled out any concessional finance to developers and units in these zones, saying they should be treated on par with real estate projects.\n
The Government today said it has not directed public sector banks to cut exposure in real estate following the housing-finance bribery scam. "No why should we say this," Financial Services Secretary R Gopalan told reporters when asked if the government has given such directions to the state-run banks.
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.
The seasons in 2012 and 2013 went by with hardly any property launches, mainly due to an economic slowdown and a need to clear the backlog
Bollywood actor Salman Khan has sold a 1,318 square feet apartment in Bandra (West), Mumbai, for Rs 5.35 crore, according to Square Yards.
Part-I of this three-part series dives into Delhi-NCR's SPR, Sohna, Dwarka Expressway, and Jewar Airport leading the charge.
Sunil Bharti Mittal-led conglomerate Bharti Enterprises and private equity firm Warburg Pincus will collectively acquire a 49 per cent stake in Haier Appliances India, the local unit of China's Shandong-based Haier group, for an undisclosed amount. The transaction, according to industry sources, values the company at about 15,000 crore.
Real Estate: Rejoices on cut in personal tax, 80IB (10) extension and interest subvention
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.
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.
Real estate investment trusts may not be attractive enough.
More than other businesses, Indian developers and contractors are particularly reliant on ties with the government to acquire land or win contracts.
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.
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.
The Reserve Bank of India (RBI) on Friday delivered a 25 basis point (bps) repo rate cut analysts expected, driven by the strong 8.2 per cent GDP growth in the September quarter. However, analysts do not expect a runaway market rally as the impact of US tariffs continues.
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.
Their projects are known for Italian-inspired creative façades with intricate urban elegance.
The Indian real estate market is expected grow from the current level of $14 billion to $102 billion in the next 10 years
While riskier than debt, Sebi's stringent guidelines may ensure a safe and liquid product.
The Bill will facilitate setting up real estate regulators.
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.
That's Bettina Anderson, who has been Don Jr's partner for over a year.
Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post the new Insurance Amendment Bill. The new Bill gives the Insurance Regulatory & Development Authority of India (Irdai) the power to disgorge unlawful gains made by insurers and intermediaries as well as the right to limit commissions paid to intermediaries.
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.
For the real estate sector, Diwali was the worst period after the global recession struck in 2008-09.
From 690,800 sq ft in 2013, the absorption by e-commerce companies in Chennai dropped to 31,150 sq ft last year.
Karisma Kapoor was married to businessman Sunjay Kapur, and after his death earlier this year their children have dragged Sunjay's wife Priya Sachdev Kapur to court for their right share in the property.
Exposure to commercial projects under lens.
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.