A likely oversupply situation in the next couple of years is causing a downslide.
The CBI conducted searches at 77 locations across eight states, registering 22 new cases related to a nexus between builders and financial institutions, allegedly defrauding homebuyers.
What are the tax implications when you invest in real estate or any immovable property? Read on to find out.
The Central Bureau of Investigation has filed a charge sheet against Ninex Developers Ltd and its director for alleged fraudulent activities in a Gurugram housing project. This marks the 11th charge sheet in the ongoing builder-banker nexus investigation, initiated by the Supreme Court, which involves 50 cases nationwide where homebuyers were allegedly cheated.
The Central Bureau of Investigation has filed a charge sheet against Ninex Developers Ltd and its director for alleged fraudulent activities in a Gurugram housing project. This marks the 11th charge sheet in the ongoing builder-banker nexus investigation, initiated by the Supreme Court, which involves 50 cases nationwide where homebuyers were allegedly cheated.
The Enforcement Directorate (ED) conducted searches at multiple locations in Punjab and Chandigarh, including premises linked to an alleged associate of a Punjab Aam Aadmi Party functionary, as part of a money laundering probe against two realty groups accused of fraudulent land use changes and investor fraud.
India's gross savings rate is projected to be nearly 47 basis points higher in FY25 than previously estimated, following the Securities and Exchange Board of India's (Sebi) revision of the methodology for calculating household savings routed through the securities market.
The Enforcement Directorate (ED) conducted searches at 19 locations in Haryana and Chandigarh concerning the alleged embezzlement of Rs 590 crore from Haryana government accounts held with IDFC First Bank. The investigation focuses on identifying business entities involved in concealing the money trail and proceeds of the crime.
Gujarat holds the largest area under wetland with over 3.47 million hectares.
Police in Bengaluru have arrested eight people, including two minors, in connection with the kidnapping and murder of a real estate businessman. The victim, Gopal alias Gopi, was allegedly kidnapped after a car collision and his body was later found in Hosur, Tamil Nadu. The investigation revealed a long-standing rivalry between the victim and the main conspirator, who believed Gopal was using black magic against him.
Foreclosure is a procedure that takes place when the borrower is not able to pay the loan on time. Due to this reason the lender (banks, financial institutions) would declare the borrower as a defaulter. If the borrower is not able to meet the loan expectations for a prolonged period of time, then the lender would try to sell the property and recover the losses that were created by the lender.
Leading credit ratings agency, Crisil, on Thursday launched real estate ratings, a first by any organisation in India, which would help common buyers make informed purchases in the sector in need of greater transparency.
As the investigation into the death of real estate businessman Ketan Vishal Agarwal continues to reveal shocking details, the family of one of the prime suspects has come forward claiming his innocence in the case.
The Enforcement Directorate conducted searches at premises linked to Punjab industries minister Sanjeev Arora as part of a FEMA probe into alleged foreign exchange violations, insider trading, and round-tripping of funds.
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.
A stake sale of Reliance's real estate portfolio would help it raise anything between $1-5 billion and could be one of the triggers for the company's shares to break out.
Arvind SmartSpaces Ltd has partnered with Sigma Oxford Realtors to develop a residential housing project in Goregaon, Mumbai, with an expected revenue of Rs 2,400 crore.
Morgan Stanley Real Estate on Wednesday announced that it has invested Rs 300 crore (around $68 million in Mantri Developers Private Ltd, a private Bangalore-based real estate developer.
Thinking of buying a home in any of these cities? You'll need pots & pots of money!
India's leading listed real estate developers are increasingly focusing on pan-India expansion, diversifying beyond their traditional home markets into high-demand residential areas like MMR, NCR, Bengaluru, Hyderabad, Pune, and Chennai to tap broader housing demand and reduce reliance on single-city market cycles.
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.
Raymond, the Singhania group's flagship company, has forayed into real estate development.
Unless security is given paramount importance, it is difficult for real estate activity to pick momentum in J&K.
A man has been arrested in Dehradun for allegedly committing a Rs 1.65 crore fraud by reselling his property using forged documents. The accused, Sanjay Jain, resold a property he had already sold to another individual, leading to his arrest after a complaint was filed.
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.
Skyrocketing real estate prices in Mumbai and global economic conditions have badly hit Mumbai's real estate sector with sales falling by nearly 70 per cent.
Investors cannot follow a buy-and-hold strategy, but there can be short-term gains.
With the market regulator SEBI giving its go ahead to real estate mutual funds investors now have one more avenue to diversify their mutual fund portfolio.
If you are looking at investing, remember that it is high maintenance and can be a drain on liquidity.
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.
The sentiment in the real estate industry turned optimistic during October-December 2020 and the outlook for the next six months is positive on the back of revival in demand for both residential and office properties, according to a survey by Knight Frank India-FICCI-Naredco. The 27th edition of 'Real Estate Sentiment Index Q4 2020 survey' of developers, banks, financial institutions and private equity players operating in the sector was released on Monday in a video-conference. As per the report, the 'Current Sentiments Score', for the first time in 2020, entered the optimistic zone at 54 points in Q4 (October-December) 2020, a significant jump of 14 points over the previous quarter.
To tap the growing Indian interest, the Department of Tourism and Commerce Marketing, in conjunction with the Dubai Properties Group will organize Dubai real estate road shows in 2007.
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.
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.
Liquidity, stable income generation, potential capital appreciation are the benefits from REITs
The Enforcement Directorate conducted fresh searches against Raheja Developers as part of a money laundering investigation linked to alleged fraud with home buyers.
Karnataka Home Minister G Parameshwara has ordered the CID to investigate the alleged kidnapping and murder of a real estate businessman from Anekal, whose body was found in Tamil Nadu. One person has been arrested, and the search is on for others involved in the crime.
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.
