News for 'real estate'

VC, PE funds bet big on traditional sectors

VC, PE funds bet big on traditional sectors

Rediff.com27 Mar 2025

Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.

Diwali unlikely to light up real estate market

Diwali unlikely to light up real estate market

Rediff.com29 Sep 2008

Analysts say prices may stagnate or decline in the next three months. Almost 70 per cent of the brokers who participated in the poll believe prices will be flat or negative in the period and even Diwali is unlikely to lift the mood in the property market.

Dewan Housing plans $ 250 million real estate fund

Dewan Housing plans $ 250 million real estate fund

Rediff.com11 Sep 2008

The fund will close in two tranches, with the first tranche of $ 100 million expected to close in two months. However, the company has not set any time-frame for raising the entire corpus of the fund. In addition, Dewan Housing Finance, the parent entity, is also looking to raise Rs 150 crore (Rs 1.5 billion) to bolster its operations. The fund-raising may also be in the form of equity dilution.

Office leasing hit record 885 lakh sq ft in 2024 in India's top 8 cities

Office leasing hit record 885 lakh sq ft in 2024 in India's top 8 cities

Rediff.com3 Jan 2025

India's office market was very active in 2024 with gross leasing of workspace witnessing a 19 per cent increase to a record 885.2 lakh square feet across eight major cities, according to Cushman & Wakefield. The gross leasing or absorption of office space stood at 745.6 lakh square feet in the preceding year, data from real estate consultant Cushman & Wakefield (C&W) showed.

From Russia With Love

From Russia With Love

Rediff.com10 Oct 2025

Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.

The Teen Who Built A Tax Education Game

The Teen Who Built A Tax Education Game

Rediff.com5 Aug 2025

Manas Sood, a Class 12 student from the Delhi Public School, has distributed 2,650 boxes of Tax City Education and empowered over 12,000 students from 52 schools across India. His aim? To help young Indians understand taxes and become financially literate.

Guess who thinks Mumbai's real estate prices are low!!!

Guess who thinks Mumbai's real estate prices are low!!!

Rediff.com13 Aug 2014

'One of the reasons I like Mumbai is because I find your prices unbelievably low,' Donald Trump declared.

Strong growth prospects, mixed valuations seen for Info Edge stock

Strong growth prospects, mixed valuations seen for Info Edge stock

Rediff.com21 Aug 2024

Info Edge (India), the country's leading consumer internet company known for its platforms in recruitment (naukri.com), real estate (99acres.com), matrimony (jeevansathi.com) and education (shiksha.com) space, delivered revenue growth in line with expectations in the April-June quarter (Q1) of FY25.

A buyer's guide to real estate in metros

A buyer's guide to real estate in metros

Rediff.com18 Dec 2006

Have money and want to buy a house? Here are some tips.

Strong traction from new launches a positive for top realty players

Strong traction from new launches a positive for top realty players

Rediff.com1 Oct 2024

The national real estate market presents an intriguing picture. Lower volumes and flat pricing serve as dampeners. Sales bookings across the top ten markets have seen 6 per cent growth year-on-year (Y-o-Y) between April and August 2024, but sales volume is down 8 per cent Y-o-Y. Unsold inventory is up.

Housing Sales Drop 28%

Housing Sales Drop 28%

Rediff.com28 Mar 2025

Average residential property prices in seven cities increased 10% to 34% due to new supplies in the luxury and ultra-luxury segments and overall demand.

AIFs gain currency as fundraise tops Rs 5 trn

AIFs gain currency as fundraise tops Rs 5 trn

Rediff.com27 Nov 2024

Alternative investment funds (AIFs) have crossed Rs 5 trillion in terms of funds raised, while the investment commitments have surpassed Rs 12 trillion for the first time as of September, according to data released by the Securities and Exchange Board of India (Sebi).

'Pakistan Navy Is Partnering Dawood'

'Pakistan Navy Is Partnering Dawood'

Rediff.com23 May 2025

'The Pakistan establishment keeps him well protected.'

Why Havells India stock is likely to lose spark

Why Havells India stock is likely to lose spark

Rediff.com29 Jan 2025

Havells India, the country's largest listed consumer electrical company, reported a mixed performance in the 2024-25 (FY25) October-December quarter (Q3). While the top line benefited from festival demand, lower margins impacted operational performance.

Realty stocks' rally may hit valuation hurdle

Realty stocks' rally may hit valuation hurdle

Rediff.com18 Jan 2024

Shares of real estate firms have been outperforming over the past year. The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. "Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels," suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.

Explained: Tax Changes On Property Sales

Explained: Tax Changes On Property Sales

Rediff.com25 Jul 2024

Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.

Lodha vs Lodha: Latest twist in the family feud

Lodha vs Lodha: Latest twist in the family feud

Rediff.com2 Apr 2025

In a twist in the family feud, Abhishek Lodha-run Macrotech Developers on Wednesday alleged younger brother Abhinandan's firm fabricated documents to misuse the company's brand name to further its business interests.

Realty stocks soar on Sebi proposal to formalise fractional ownership

Realty stocks soar on Sebi proposal to formalise fractional ownership

Rediff.com23 May 2023

The BSE Realty index on Monday soared 4.3 per cent-most among the 19-sectoral sub-indices-buoyed by the proposal to formalise fractional ownership of real estate in the country. The Securities and Exchange Board of India (Sebi) on Friday issued a discussion paper proposing to regulate online platforms offering fractional ownership in real estate, a model already popular in countries such as the United States and UAE.

PM Modi's recipe for creating jobs

PM Modi's recipe for creating jobs

Rediff.com5 Mar 2025

Prime Minister Narendra Modi on Wednesday urged all stakeholders to come together and invest in people for skill development, nurturing talent and promoting innovation which are essential for job creation and boosting the economy. Participating in post-Budget webinar on employment, Modi said the government has provided skill training to 3 crore youth since 2014 and decided to upgrade 1,000 ITIs and set up five centres of excellence.

The Sword Of Vigilance Hangs Over Bankers

The Sword Of Vigilance Hangs Over Bankers

Rediff.com1 Aug 2025

'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.

It's time for builders to cut real estate prices

It's time for builders to cut real estate prices

Rediff.com17 Dec 2012

High unit prices and interest rates have cramped buyers' ability to purchase property.

Unsold affordable units drop 19% in top 7 cities in Q1CY25, bucking slump

Unsold affordable units drop 19% in top 7 cities in Q1CY25, bucking slump

Rediff.com15 Apr 2025

After the post-pandemic slump in demand, unsold inventory in the affordable housing segment in the top seven cities dropped by 19 per cent in the first quarter of the 2025 calendar year (Q1CY25), according to a report by real estate consultancy firm Anarock.

'Old Tax Scheme Will Naturally Go Away'

'Old Tax Scheme Will Naturally Go Away'

Rediff.com4 Feb 2025

'We are not incentivising the old tax scheme. These taxpayers will also shift to the new regime after comparison.'

CLSA downgrades select realty stocks. Here's why

CLSA downgrades select realty stocks. Here's why

Rediff.com2 Feb 2024

CLSA has downgraded select real estate stocks and expects most counters from this sector to consolidate in the months ahead after the sharp run seen in them in the last few months. Most positive factors in terms of a pick-up in housing demand and office space absorption, it said, are already priced in. "We expect housing industry demand to grow around 12 per cent in 2024 and for large developers to outpace industry to grow at 15 - 20 per cent.

Builder-Buyer Deals: How To Stay Alert

Builder-Buyer Deals: How To Stay Alert

Rediff.com4 Mar 2025

'Buyers should be provided either a fixed possession date or a firm date for the start of construction.'

'Liberalisation has to come into the real estate industry'

'Liberalisation has to come into the real estate industry'

Rediff.com18 Jun 2012

Nanded City developed by the Magarpatta Town Development Corporation, is a Rs 6,000 crore project spanning a whopping 700 acres.

Development potential, cash flows to ensure growth for Macrotech in FY26

Development potential, cash flows to ensure growth for Macrotech in FY26

Rediff.com9 May 2025

Macrotech Developers (Lodha), the country's second-largest listed real estate company, exceeded its 2024-25 (FY25) guidance, aided by a strong pre-sales performance in the January-March quarter (Q4), driven by launches. The company had guided for Rs 17,500 crore in pre-sales for FY25 and surpassed that with bookings of Rs 17,630 crore.

Housing prices rise 10% in Q3 in 8 cities, Delhi-NCR tops

Housing prices rise 10% in Q3 in 8 cities, Delhi-NCR tops

Rediff.com25 Feb 2025

Housing prices appreciated at an average of 10 per cent during the December quarter across eight major cities on strong demand, higher input cost, according to a report by CREDAI, Colliers and Liases Foras. Realtors' body CREDAI, real estate consultant Colliers India, and data analytic firm Liases Foras on Tuesday released their joint report, which showed that Delhi-NCR saw a maximum appreciation of 31 pc annually during the October-December period of 2024.

CBI's AP real estate scam chargesheet: Govt officers named

CBI's AP real estate scam chargesheet: Govt officers named

Rediff.com1 Feb 2012

The Central Bureau of Investigation on Wednesday filed a chargesheet against seven accused persons and five private companies before the special judge for CBI cases, Hyderabad under sections 120-B, 420, 109, 409, 477-A of the Indian Penal Code and sections 13(2) r/w 13(1)(c) & (d) and section 15 of Prevention of Corruption Act, 1988, in connection with the alleged irregularities in the sale of villas, plots, flats in the Integrated Project, Manikonda, Hyderabad.

Markets join global selloff; Sensex sinks below 80k

Markets join global selloff; Sensex sinks below 80k

Rediff.com19 Dec 2024

Equity benchmark Sensex on Thursday plunged about 965 points to crash below the 80,000 level due to heavy selling in global equities after the US Federal Reserve signalled fewer rate cuts next year. Besides, deep losses in consumer durables, banking and IT stocks amid foreign fund outflows added to the gloom, analysts said.

In Very Short Supply: Affordable Housing!

In Very Short Supply: Affordable Housing!

Rediff.com5 Oct 2024

'Developers are into profit-making. And there's not too much money in the affordable segment.' 'So, they don't do affordable housing.'

'We Have Doubled Our Exposures To India'

'We Have Doubled Our Exposures To India'

Rediff.com19 Mar 2025

'Expect India to keep doing well irrespective of geopolitics.'

Crony capitalism is what keeps real estate prices high

Crony capitalism is what keeps real estate prices high

Rediff.com18 Aug 2011

So crony capitalism might be better than no capitalism but it comes with costs attached. And this should serve as a warning.

We plan to capture just 4% of market in 4 years: Prestige Estates' Irfan Razack

We plan to capture just 4% of market in 4 years: Prestige Estates' Irfan Razack

Rediff.com8 Mar 2023

Bengaluru-based Prestige Estates Projects recently said it aims to double its annual residential sales bookings to Rs 25,000 crore by FY26 from its current markets and others such as Mumbai, Pune and National Capital Region (NCR). The company's chairman and managing director Irfan Razaq tells Raghavendra Kamath about his plans to achieve the target and outlook for the real estate market.

Ethnic Suits Shaandaar Shibani

Ethnic Suits Shaandaar Shibani

Rediff.com22 Oct 2024

Autumnal colours are also Indian bridal shades and how splendid are lehengas that blend these hues together.

How to Make Your First Crore

How to Make Your First Crore

Rediff.com13 May 2025

People with modest incomes can also build a crore-worthy portfolio by investing small amounts consistently, says Ramalingam Kalirajan, and shows how the magic of compounding works.

Kerala ex-CM, veteran CPM leader Achuthanandan dies at 101

Kerala ex-CM, veteran CPM leader Achuthanandan dies at 101

Rediff.com21 Jul 2025

Former Kerala Chief Minister and veteran CPI(M) leader V S Achuthanandan, a key figure in Kerala's political history, died on Monday at the age of 101. He was a founding member of the CPI(M) and served as Chief Minister from 2006 to 2011.

Dubai offers India Inc a low-tariff launchpad into EMs

Dubai offers India Inc a low-tariff launchpad into EMs

Rediff.com17 Apr 2025

Dubai is positioning itself as a springboard for Indian companies looking to tap into fast-growing emerging markets, including Africa, banking on low tariffs, long-standing trade relations, and a shared vision for regional economic growth, said Mohammad Ali Rashid Lootah, president and chief executive officer, Dubai Chambers, at the Dubai-India Business Forum in Mumbai.

Manufacturing, mining pull down Q3 GDP growth to 6.2%

Manufacturing, mining pull down Q3 GDP growth to 6.2%

Rediff.com28 Feb 2025

India's economic growth rate decelerated to 6.2 per cent in the October-December quarter this fiscal, mainly due to poor performance by mining, manufacturing and all other sectors, with the exception of agriculture. However, on a sequential basis, the economic growth rate in the third quarter showed improvement over 5.6 per cent recorded in the second quarter.