Page 3 - Property Market

China economy set to slow after successive batterings: Report

Crackdown on property market, energy crunch to hamper growth

China crisis set to worsen as Evergrande rival Fantasia misses payment

Once China's top-selling property group, Evergrande is facing one of the country's largest-ever defaults as it struggles with more than $300 billion of debt

China power cuts bite: Factory output shrinks after 18 months

Goldman slashes its Q3 growth forecast to 0%, from 1.3% earlier

Top property developers bet big on office properties as demand rises

Property consultant Colliers expects a fresh office property supply of between 33 and 38 million sq ft every year in the next three years, including the current one

Phoenix Mills looks to double its portfolio of retail properties by FY26

Currently, it has 6.9 million (mn) sq. ft of malls in cities such as Mumbai, Pune, and Beng­aluru, among others

MyGate unveils property marketplace, eyes 25,000 monthly listings

MyGate on Tuesday announced the launch of 'Homes' feature - a property search marketplace - on its app, and aims to have 25,000 listings per month by the end of the year.

Sentiments in property market turns pessimistic in April-June: Report

Sentiments in the real estate market turned pessimistic during the April-June quarter because of the outbreak of the second wave of Covid-19 pandemic

Property mkt to touch $1 trn by 2030 on high demand, reforms: Housing secy

The Indian real estate market is estimated to touch $1 trn by 2030 driven by rising demand and various reforms in the past seven years, Housing and Urban Affairs Secretary Durga Shanker Mishra said

Property consultant Colliers appoints Ramesh Nair as CEO for India

Nair joined Colliers from JLL India, where he held the position of CEO & country head, leading over 12,000 people

Global property markets ready to soar this year on monetary, fiscal support

The global boom in property prices comes alongside soaring stock markets, which quickly bounced back from a slump on pandemic-driven economic damage and devastating job losses

Higher tech investment in realty will lead to better governance: Parekh

Investment in property technology, including digital backbone, should increase efficiency through real-time monitoring of real estate projects

Tata Housing to offer 150 units at discount; flash sale starts from Mar 12

Realty firm Tata Housing on Wednesday said it will offer 150 units across 15 projects at a discounted price

Ascendas buys IT SEZ building in Hyderabad's Hitech City for Rs 500 cr

The structure has an area of 639,495 square feet. About 98% of the building is leased to Amazon Development Center (India) Pvt Ltd

Maharashtra move to cut construction premiums to lower project costs by 17%

However, developers peg the benefit at 6 to 7 per cent after passing on stamp duty costs to buyers

Welcomhotel opens its first property in Himachal Pradesh, at Shimla

Plans are afoot to add nine new properties under the brand in the next 12 months in every region in India, to take the total tally to 26

DLF rental arm to buy Hines stake in Gurugram project for Rs 780 cr

Hines has around nearly 52 per cent stake in the One Horizon Centre while the rest is with DCCDL

Värde Partners, New Vernon's Rs 1,000-cr realty deal hits approval wall

New Vernon's investment panel casts a cloud over Värde's earlier investments

Acquisitions, launch pipeline offer Godrej Properties revenue visibility

Muted near term cash flows, increase in debt and valuations to cap upside

India's office market to remain resilient in 2021, says Knight Frank

In particular, it pointed out that Bengaluru has the benefit of existing low vacancies that will enable absorption of much of the upcoming supply

Mahindra Holidays scouts for acquisitions amid coronavirus pandemic

Occupancy at properties in driveable locations surges at 80-90% of pre-Covid levels