Page 20 - Real Estate

REITs: A combination of good returns with room for growth, say experts

Payouts can be affected by vacancy and tenants defaulting on payments

Affordable housing is set to lift off big time, says IMGC CEO Mahesh Misra

The stress is still there, but the worst is behind us, said Misra

China property sector major drag on economy; contracts for 4th straight qtr

Output in the real estate industry, a key economic contributor, contracted 7% in the second quarter from a year ago, the National Bureau of Statistics said in a report Saturday

Planning to buy a house in Delhi? Check factors to consider, other details

What is the procedure to buy a house in Delhi? From home loan to location, here is a step-by-step guide on how to plan such an investment

Home sales growth or decline? Property market split over demand

Residential sales hit a nine-year high in the first half of this calendar year (CY), said UK-based property consultant Knight Frank in a report recently

Shapoorji Pallonji Real Estate eyes Rs 400 crore sales in Bengaluru

Shapoorji Pallonji Real Estate has launched a tower named 'CEDAR', comprising 225 apartments, in its 46-acre residential project Parkwest in Bengaluru

Canada-based Colliers India appoints Peush Jain as MD for office services

Real estate consultant Colliers India on Thursday announced appointment of Peush Jain as Managing Director for office services to strengthen its team and achieve higher growth. Jain is an industry veteran and has been with real estate consultant CBRE for over 20 years, Colliers India said in a statement. He has led businesses across office, retail, industrial and other verticals of the real estate sector. Jain is an alumnus of Harvard Business School and holds a Master's degree in Strategy and Marketing from the International Management Institute (IMI), New Delhi. With his appointment, Colliers India said the company is further strengthening its team to establish itself as the preferred partner for clients' varied evolving needs. Ramesh Nair, CEO, Colliers India, said: " Peush will be responsible for building scale and expanding client relationships for our office services vertical across the country." In November last year, Nair had told PTI that Colliers India would hire at le

Ministry of Railways to monetise redeveloped stations through REITs

The decision assumes significance as MoR has been lagging behind in achieving its targets under the National Monetisation Pipeline (NMP) of the Centre, during the last fiscal year

Majority of homebuyers want office set-up in apartments: Godrej Survey

The survey underscores the fundamental shift in homebuyers' preferences with the onset of the COVID pandemic and the significant alterations that it has brought about

As construction gets delayed, Chinese homebuyers refuse to pay mortgages

The payment refusals underscore how the storm engulfing China's property sector is now affecting the country's middle class, posing a threat to social stability

Ranveer Singh buys quadruplex worth Rs 119 crore near Shah Rukh's Mannat

Ranveer Singh has bought the quadruplex nearby SRK's Mannat along with his father Jugjeet Sundersingh Bhavnani's firm Oh Five Oh Media Works LLP

China stimulus unlikely to reverse rout in the global metals market

While Chinese stimulus played a role in rescuing industrial commodities from slumps in global demand, after the 2008 financial crisis, in late 2015, and in 2020, there's much more caution this time

Demand revival pushed housing sales up 2.5 times in H1CY22, prices up 7%

Housing sales in Delhi-NCR jumped 2.5 fold annually during January-June on revival in demand and lower base effect, while prices rose 7 per cent, according to property consultant Knight Frank India

Institutional investments in realty sector rises 14% during Jan-Jun period

Institutional investments in Indian real estate rose 14 per cent annually to USD 2.6 billion during the January-June period, driven by higher inflow in office and retail segments, according to property consultant Colliers India. Office segment received investments of USD 1,276.8 million in January-June 2022, up 20 per cent from USD 1,068.1 million in the year-ago period, the consultant said in a statement. Institutional investments in retail real estate jumped to USD 491.8 million from USD 77.2 million during the period under review. The alternative assets (like data centre) rose 53 per cent to USD 369.8 million from USD 241 million. Mixed use developments saw USD 230.7 million of inflow in January-June 2022 as against nil in January-June 2021. However, institutional investments in industrial & logistics assets fell 77 per cent to USD 179.8 million from USD 774.9 million. Residential segment saw 45 per cent fall in fund inflow to USD 86.4 million in January-June 2022 from USD ...

At home, in your swimming pool: How to splash in this luxurious indulgence

If you have the space and the money, add this place to relax and exercise

Oberoi Realty Q1 sales booking jumps manifold to Rs 752 crore in June

In terms of volume, Oberoi Realty's sales bookings stood at 4,01,182 square feet in April-June 2022 as compared to 92,128 square feet in the year-ago period

House of cards: How to bring down Supertech's concrete colossus in Noida

There is no cut-copy-paste method when it comes to demolitions

Residential sales hit 9-year high in the first half of 2022: Knight Frank

The rise in sales is despite the overall prices of residential property rising over time. Prices, according to Knight Frank, increased across all markets in the range of 3 per cent - 9 per cent YoY

Most Delhi-NCR builders see no rate hike-impact on housing demand: Survey

Around 68 per cent of respondents said there has been no impact on demand from recent increase in home loan lending rates, while 27 per cent suggested marginal decrease in sales/enquiry

Macrotech Developers Q1 sales bookings up nearly 3-fold to Rs 2,814 crore

Realty firm Macrotech Developers on Wednesday reported a nearly three-fold jump annually in its sales bookings at Rs 2,814 crore in the April-June quarter of this fiscal on strong demand for its residential properties. Macrotech Developers sells its properties under Lodha brand. It has a major presence in Mumbai Metropolitan Region (MMR) and Pune market. The company has recently forayed into Bengaluru. In a statement, Macrotech Developers said it has achieved a pre-sales of Rs 2,814 crore during the first quarter of 2022-23 fiscal, showing a robust increase of 194 per cent from the year-ago period. The sales in April-June 2021 were impacted due to the second wave of the Covid pandemic. The collections from customers in India rose 53 per cent annually to 2,616 crore. Net debt reduced by Rs 450 crore to Rs 8,858 crore. Commenting on the performance, Abhishek Lodha, MD & CEO, Macrotech Developers, said: "Q1FY23 was our best ever 1st quarter with Rs 2,814 crore of pre-sales from our .