India's residential property market is expected to witness a strong consumer demand during the festival season with various banks
Average home prices in India, however, fell on a year-on-year (YoY) and quarter-on-quarter (QoQ) basis during the June quarter
Top listed players eyeing higher market share
India ranks 54th out of 55 countries globally in the housing prices index as rates of residential properties fell marginally by 0.5 per cent year-on-year during the quarter ended June
The Board of Directors of approved the allotment of 6.85 million equity share aggregating to about Rs 85 crore to H-CARE 1 and the promoters of ASL at the price of Rs 124/sh
Raises funds from HDFC Capital Affordable Real Estate Fund-1
The Delhi High Court Thursday refused to stay the trial in a case related to alleged tampering with the evidence of the 1997 Uphaar tragedy case
Favourable macros, market share gains for larger players, pent-up demand are key growth drivers
Realty firm TARC Ltd on Monday said it has sold a warehousing asset in the city to global investment firm Blackstone for Rs 295 crore. TARC Ltd has said in a statement that it has completed the sale of its warehousing asset in North Delhi to BREP Asia II EIP Holding (NQ) Pte Ltd, an affiliate of funds controlled, managed and/or advised by Blackstone Inc (BREP). The total consideration of the deal is Rs 295 crore. TARC Ltd wants to focus on core development projects to unlock much higher value through its strategic and key land parcels in the national capital. The deal is in line with its strategy to become a debt-free company, develop its huge land bank and look for new developments in the National Capital Region, the statement said. TARC Ltd plans to use a part of the proceeds to fast track the residential projects, consolidating its strategy to develop higher yielding, future ready projects. The company is looking for similar opportunities with Blackstone and other global Funds
The Q4 of FY19 sales numbers excluded those of property developer Macrotech promoted by the Lodha group
It is looking to develop commercial properties in Bengaluru, Hyderabad, Chennai and Mumbai and Pune, is aiming at 8.5 mn sq ft in next 3-4 years
Home sales grew 67 per cent in the first half of 2021 due to growth in markets like Pune and Mumbai
India's property market is rebounding after being in a down cycle for the last six years as a series of headwinds ranging from the pandemic, a bad-loan crisis and a surprise 2016 cash ban hurt demand
To develop 17 msf of saleable area in next five years
Early entry in emerging destinations could fetch good returns, say experts
Emerging need for more space, greenery, light, ventilation and privacy are driving demand. If you're buying one, ensure the title is clear and the plans are duly sanctioned
Projects will be undertaken by SPV with initial outlay of Rs 150 cr; two projects identified in Panipat and Faridabad with combined saleable area of 1.5 mn sft, potential sales of Rs 500 cr
DLF's tryst with the MMR market is not completely new. It has had smaller joint ventures and land ownership projects in the region earlier
The Centre plans to monetise real estate assets worth an estimated Rs 15,000 crore, including several housing colonies in the national capital and eight ITDC hotels