Page 41 - Real Estate

Realty investment highest in five years for June quarter, shows data

Investments in the June quarter got a boost with the Embassy industrial parks attracting 53 per cent of the total amount

French court allows Cairn to seize 20 Indian govt properties in Paris

Assets are worth more than 20 million euros; FinMIn says no communication received in the matter Cairn is also eyeing assets in US, UK, Canada, Singapore, Mauritius and Holland

Mumbai real estate showing signs of resurgence

Growing consumer demand for projects in peripheries fuelling growth

Boost for realty as West Bengal proposes rebate on stamp duty in budget

2% rate cut proposed, along with 10% deduction in circle rate, which sets the value at which a property is registered

Where are India's smart cities? The fate of the mission hangs in balance

An analysis reveals that just about a fourth of the funds allocated for smart cities have been spent, even though nearly half of the projects have been completed

Sobha Q1 sales bookings up 40% at Rs 683 cr despite 2nd Covid wave

The company had clocked sales bookings of Rs 487.7 crore in the year-ago period.

Covid pandemic hits housing supply, launches down 59% in April-June

A total of 21,839 new units were launched in these markets during April-June, lower by 59 per cent compared to the launches in January-March.

Housing sales dips 23% in Apr-Jun over previous quarter; up 83 % annually

Housing sales declined 23% in April-June across seven cities compared with the previous quarter due to the second wave of the Covid pandemic, but witnessed an 83% rise on an annual basis

Residential sales surge by 83% YoY in second quarter 2021: JLL

Residential sales in Q2 (April-June) 2021 increased by 83 per cent as compared to Q2 2020, across the top seven cities.

Mumbai has 4-fold jump in property registration in June as city eases curbs

Share of women homebuyers in new sales for residential property improves from 1.8 per cent in May to 4.7 per cent in June.

Covid-19 pandemic forces real estate developers to rethink house design

Touch-free elevators, co-working spaces the in thing

Trying to resolve stalled hsg project issue in Noida, Gr Noida: UP minister

Builders like Amrapali, Jaypee Infratech and Unitech have defaulted in delivering projects, causing huge distress to thousands of homebuyers whose money has been stuck for about a decade

Puravankara Ltd FY21 sales bookings up 28% at Rs 2,202 crore

This came on the back of strong demand driven by low-interest rates on home loans amid the Covid-19 pandemic.

Embassy REIT trading lot size to reduce from current 200 units to 1 unit

Embassy Office Parks said on Wednesday that trading lot size for Embassy REIT units on stock exchanges will be reduced to one unit from the current trading lot size of 200 units

Suraksha group may have to cross legal hurdles to take control of Jaypee

With Jaypee in its kitty, Suraksha will get highly visible assets such as the Noida-Agra Expressway and the land bank around the expressway, and 730-bed hospitals in Noida and Bulandshahr

DLF sells 551 independent floors in Gurugram for over Rs 1,200 cr

Realty major DLF Ltd has sold 551 luxury independent floors in Gurugram since October last year for over Rs 1,200 crore and is planning to launch more such residential units

For realty developers, confidence builds on pent-up housing demand

Low interest rates, tax sops may encourage buyers

Shapoorji Pallonji housing platform Joyville's property sales double

Joyville, which is a Rs 1,240 crore platform established by Shapoorji Pallonji, ADB, IFC and Actis, has so far launched six housing projects in four major cities.

Q4 of FY21 sees recovery in housing prices as pandemic tapers: CARE Ratings

All India Housing Price Index rose 2.7% YoY in Q4FY21. Going forward, movement in HPI would be influenced by demand-side factors as well as inventory levels

Housing sales in Apr-Jun may rise 93% compared to year-ago period

In Bengaluru, housing sales are likely to rise 19 per cent to about 3,560 units in April-June 2021 as compared to 2,990 units a year ago.