News for 'real estate'

ED Opposes Robert Vadra's Plea In Money Laundering Case

ED Opposes Robert Vadra's Plea In Money Laundering Case

Rediff.com14 May 2026

The Enforcement Directorate has opposed Robert Vadra's petition in the Delhi High Court, challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.

Bailable warrant issued against Gambhir in real estate fraud case

Bailable warrant issued against Gambhir in real estate fraud case

Rediff.com20 Dec 2018

He has to appear before the court on January 24, 2019.

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Rediff.com30 Mar 2026

The inauguration of Noida International Airport (NIA) is set to significantly increase property values in micro-markets along the Yamuna Expressway, with projections indicating a 28 per cent rise for plots and 22 per cent for apartments over the next two years, according to Colliers.

Avg yield of Indian REITs at 6-7.5% is higher than US

Avg yield of Indian REITs at 6-7.5% is higher than US

Rediff.com13 Sep 2025

Indian Real Estate Investment Trusts (REITs) are generating an average yield of 6-7.5 per cent for unitholders, better than many mature markets, including the US, according to a report by CREDAI and Anarock. CREDAI, the apex body of Indian real estate developers, and property consultant Anarock released a report 'Indian REITs - A Gateway to Institutional Real Estate' at an event in Singapore.

Hospitals have become like huge real estate industries: SC

Hospitals have become like huge real estate industries: SC

Rediff.com19 Jul 2021

The apex court also pulled up the Gujarat government for extending the deadline till July next year for hospitals to rectify the building by-laws violations, and said the "carte blanche" notification was in teeth of its order of December 18 last year and people will continue to die in fire incidents.

'We are headed for a distressed real estate mkt'

'We are headed for a distressed real estate mkt'

Rediff.com29 Jul 2008

Unaffordable real estate prices, hardening interest rates, fall in home loan disbursements and reluctance of developers to cut down prices do not augur well for the real estate market in India, feels V Hari Krishna, CIO of Kotak Realty Funds Group.

Piramal turns out to be real estate developers' saviour

Piramal turns out to be real estate developers' saviour

Rediff.com11 Jul 2016

Piramal Fund Management has emerged as the largest lender to real estate developers at a time when the sector is facing severe slowdown.

Real Estate: Boost to REITs and affordable housing

Real Estate: Boost to REITs and affordable housing

Rediff.com29 Feb 2016

The industry status will help the sector access bank lending at average interest rates

Top 5 cities real estate fund managers are betting on

Top 5 cities real estate fund managers are betting on

Rediff.com24 Apr 2014

There are more opportunities in these cities than smaller ones, say real estate fund managers.

Brookfield to build Asia's biggest GCC facility in Powai

Brookfield to build Asia's biggest GCC facility in Powai

Rediff.com13 Dec 2025

Brookfield Asset Management will invest $1 billion to develop Asia's largest global capability centre (GCC) in Mumbai's Powai, the New York-based global alternative asset manager said in a statement on Friday. The infrastructure arm of Canada's investment firm will develop the campus across 6 acres with 2 million square feet that can be let out.

Real estate: Infra status for township and group housing projects

Real estate: Infra status for township and group housing projects

Rediff.com24 Feb 2015

Budget might turn out to be neutral for the sector.

Noida techie death: Irrigation department raised flag in 2023

Noida techie death: Irrigation department raised flag in 2023

Rediff.com20 Jan 2026

A software engineer's death in Noida after his car plunged into a water-filled pit has sparked allegations of negligence against local authorities. An Irrigation Department letter warning about the need for head regulators to manage water accumulation in the area was allegedly ignored.

Delhi Community Mourns Father And Son Killed In Stabbing

Delhi Community Mourns Father And Son Killed In Stabbing

Rediff.com18 Apr 2026

A 62-year-old man and his 27-year-old son were fatally stabbed in their Delhi apartment, leaving the community in shock. Police have arrested a suspect, and a financial dispute is suspected as the motive.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

Govt relaxes FDI norms for construction, real estate sector

Govt relaxes FDI norms for construction, real estate sector

Rediff.com30 Oct 2014

It has brought down the minimum capital requirement to $5 million from $10 million.

Real estate slump? Bah! Supertech sells 250 flats worth Rs 150 cr

Real estate slump? Bah! Supertech sells 250 flats worth Rs 150 cr

Rediff.com14 Sep 2016

The sale of 250 units within 60 days definitely sets a yardstick

ED Investigates Punjab Realty Groups Over Land Use Violations

ED Investigates Punjab Realty Groups Over Land Use Violations

Rediff.com7 May 2026

The Enforcement Directorate (ED) conducted searches in Punjab and Chandigarh, targeting realty groups and individuals linked to an official in the Chief Minister's Office, as part of a money laundering investigation into fraudulent land use changes and investor fraud.

Real estate, travel and tourism blues hit India's consumption story

Real estate, travel and tourism blues hit India's consumption story

Rediff.com15 Mar 2021

India's Rs 4.5-trillion fast-moving consumer goods (FMCG) sector was one of the first to bounce back from the lockdown induced blues, reporting a year-on-year (YoY) growth in the October-December quarter last year. That said, the overall consumption figures continue to remain depressed. The FMCG market, which includes daily consumables like branded atta, hand sanitizers, edible oils, shampoos, razors, and so on, recorded 7.3 per cent value growth during the period, while the smartphone market grew by 21 per cent.

Why India Is Warming Up To Reits

Why India Is Warming Up To Reits

Rediff.com18 Nov 2025

Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.

Govt may offer sops to real estate sector in the Budget

Govt may offer sops to real estate sector in the Budget

Rediff.com10 Jun 2014

Developers have demanded lower borrowing cost for the housing sector as well as reduced taxes to promote affordable housing.

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Rediff.com8 May 2026

'We are targeting a 2.5x to 3x increase in valuation by FY31.'

Real estate co paid for burqas for BJP's 'Mahakumbh': Digvijaya

Real estate co paid for burqas for BJP's 'Mahakumbh': Digvijaya

Rediff.com24 Sep 2013

Congress General Secretary Digvijay Singh on Tuesday alleged that the ruling Bharatiya Janata Party had got 10,000 burqas stitched for its 'Karyakarta Mahakumbh' to be held in Bhopal on Wednesday, for which a real estate company had paid Rs 42 lakh to the tailor, a charge denied by the BJP.

Ameesha Parties With Ajay Devgn

Ameesha Parties With Ajay Devgn

Rediff.com22 Dec 2025

Film folk turned up in large numbers to celebrate Producer and real estate developer Anand Pandit's 62nd birthday in Mumbai over the weekend.

Why real estate in Mumbai will get costlier

Why real estate in Mumbai will get costlier

Rediff.com4 Apr 2017

The average home prices in Mumbai have touched Rs 12,000 per sq ft

Info Edge Q4 billings slow on muted hiring, Gulf risks

Info Edge Q4 billings slow on muted hiring, Gulf risks

Rediff.com17 Apr 2026

Info Edge (India) shares fell 2.9 per cent after the company reported muted growth in recruitment billings for Q4 FY26, leading brokerages to expect impacted operating performance and potential margin contraction.

Trent's Q4FY26 Revenue Rebounds, Board Approves Rs 2,500 Crore Equity Raise

Trent's Q4FY26 Revenue Rebounds, Board Approves Rs 2,500 Crore Equity Raise

Rediff.com3 May 2026

Trent reported a 20 per cent revenue rebound in Q4FY26, driven by a recovery in like-for-like growth and significant store additions. The company's board has approved raising up to 2,500 crore in equity to fund investments in store network upgrades, new brands, supply chain automation, and Star Bazaar expansion, alongside a 1:2 bonus issue and a 6 dividend.

What's in store for realty sector in 2026? A mixed bag

What's in store for realty sector in 2026? A mixed bag

Rediff.com2 Jan 2026

After three post-pandemic years of an upcycle, it was a mixed bag for the realty sector in 2025, with sales volumes in the residential real estate moderating across top cities, and commercial real estate and institutional investments emerging as standout performers. Residential: Volumes soften, value holds firm.

Gurugram Dethrones Mumbai As India's Luxury Housing Capital

Gurugram Dethrones Mumbai As India's Luxury Housing Capital

Rediff.com24 Feb 2026

Gurugram has overtaken Mumbai to become India's biggest luxury housing market in 2025, recording 24,120 crore in sales of homes priced above 10 crore.

Real estate sector: Too many investors, too few deals

Real estate sector: Too many investors, too few deals

Rediff.com5 Jan 2015

Welcome to the era of too many investors chasing a limited number of commercial real estate deals.

RBI's tightening of liquidity could hit real estate firms

RBI's tightening of liquidity could hit real estate firms

Rediff.com26 Jul 2013

Real estate loans could become NPAs for banks.

Is The Dubai Dream Over?

Is The Dubai Dream Over?

Rediff.com4 Mar 2026

Dubai's core promise -- that it is an oasis untouched by regional storms -- has been tested in full public view. The coming months will show whether investors view the attacks as a short-lived disruption or a deeper signal of lasting risk, points out Asif Ullah Khan.

Ageing CBD offices emerge as developers' next growth play

Ageing CBD offices emerge as developers' next growth play

Rediff.com13 Jan 2026

Office redevelopment is emerging as a key growth frontier for developers as India's commercial real estate market shifts towards quality, sustainability, and capital efficiency. With land parcels scarce in central business districts (CBDs) and demand for Grade A offices remaining strong, developers and investors are increasingly turning to ageing office stock in prime locations to unlock value.

FCC Aims to Incentivise Return of Call Centres to US, Improve Customer Service

FCC Aims to Incentivise Return of Call Centres to US, Improve Customer Service

Rediff.com27 Mar 2026

The Federal Communications Commission (FCC) is considering proposals to encourage businesses to bring call centre jobs back to the US and require call-takers to be proficient in American Standard English.

Anand Piramal on why the group is betting big on real estate, eCom

Anand Piramal on why the group is betting big on real estate, eCom

Rediff.com7 Sep 2015

Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.

Govt to push for passage of GST, real estate bills next week

Govt to push for passage of GST, real estate bills next week

Rediff.com12 Dec 2015

Government will make a fresh bid to pass crucial bills on GST and real estate in the last week of the Winter session.

Chief Secretary Gupta Dismisses Land Scam Allegations as Baseless

Chief Secretary Gupta Dismisses Land Scam Allegations as Baseless

Rediff.com31 Mar 2026

Himachal Pradesh Chief Secretary Sanjay Gupta has dismissed allegations of irregularities in the Chester Hill housing project, asserting his innocence and claiming a conspiracy against him. The controversy involves alleged violations of land laws and accusations of benami land deals.

'Over-emphasis on real estate may not be very healthy'

'Over-emphasis on real estate may not be very healthy'

Rediff.com27 Jul 2014

India is also exploring that way but the strength of the Indian economy was such that not even one bank was threatened, not even one insurance company was threatened, and we were able to withstand the shocks.

Selling Land Is Not a Service, Rules Supreme Court

Selling Land Is Not a Service, Rules Supreme Court

Rediff.com12 Nov 2025

The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax.

Pressure builds on developers to hike prices as costs rise

Pressure builds on developers to hike prices as costs rise

Rediff.com13 Apr 2026

Indian realty developers are contemplating price increases for ongoing and upcoming projects to offset margin pressures caused by rising input costs and supply chain disruptions, exacerbated by the West Asia conflict. Input and labour costs have surged by 5-12%, directly impacting developer margins, especially for under-construction projects.