Page 52 - Real Estate

PE investment in real estate to drop 31% at $4.6 bn in 2020; $6 bn in 2021

In its ''Beyond The'20: Private Equity in India Real Estate'', Savills India expects the PE inflow to bounce back and grow by 30 per cent in the next year to USD 6 billion

Top real estate developers see more consolidation coming in 2021

Although residential sales faced a majot set back in Q2, they made a comeback with help of pent up demand

Restricted launches will hurt EPC real estate players: CRISIL SME Tracker

Competition from large players, exposure to business cycles, and high working-capital intensity are key risks in the EPC segment

Home sales in top 7 cities halve in 2020 as Bengaluru, NCR lead decline

New housing supply down 46%, unsold inventory shrinks 2%

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

Housing sales to fall 47% in 2020 across 7 top cities due to Covid: Report

Housing sales across seven major cities are estimated to fall 47 per cent year-on-year to 138,000 units this year on lower demand because of the Covid-19, according to Anarock

Lenders extend Reliance Home Finance bid deadline to January-end

Move follows request by suitors; only two of six contenders submitted binding bids, the other four came with riders

Sometimes selling winners makes sense

I ask investors if they would buy an investment at its current price.If the answer is no, then it is not wise to continue holding it, says Harsh Roongta

Only two of six bids for Reliance Home Finance are compliant and binding

The lenders have decided to further extend the bidding timeline till January 31, 2021, in order to accommodate the four non-compliant bidders

Prestige Estates, Century in talks to develop Rs 600-crore property

Bengaluru asset has a development value of Rs 12,000-14,000 crore

Real-estate investors face gloom as world CFOs prepare to downsize offices

Hundreds of corporate executives tracked in earnings calls around the world in the past five months addressed the urgency to cut real-estate costs

Pent up demand for residential properties to drive sales for few more qtrs

Both developers and fund managers believe that residential has rebounded better than commercial properties

Embassy Office Parks REIT to float QIP, may raise up to $600 million

Floor price of Rs 348.38 per unit approved

RoDTEP rates not decided, MEIS for exports may continue till end-March 2021

Any registered user under GST who wishes to generate IRN needs to register on e-invoice system using his GSTIN

India slips to 54th rank in home price appreciation: Real estate group

In the performance compared to previous quarter (Q2 2020), the ranking remains unchanged to 54th spot among the 56 countries and territories tracked in Q3 2020 index

Barclays rethinks real estate push in India, other places to cut costs

Barclays isn't the only lender that is trying to take its real estate costs down at a time of squeezed profitability

Blackstone, Brookfield bet on Indian office REITs for attractive yield

Brookfield Asset Managem­ent in October agreed to pay $2 billion for 12.5 million square feet of rent-yielding offices and co-working spaces in Asia's No 3 economy

Reliance now a key player in realty space with Rs 40,000-cr assets

Corporate parks, commercial complexes in Haryana, Maharashtra find takers

Mindspace REIT to raise up to Rs 200 cr through debentures issue

Mindspace Business Parks is India's second REIT (Real Estate Investment Trust), and got listed this year after a successful launch of public issue of about Rs 4,500 crore.

$1.5-billion deal of Blackstone-Prestige Estates gets CCI approval

Valued at $1.5 billion, this is one of the largest real estate deals in the country comprising the sale of 21 million square feet of assets