Page 53 - Real Estate

Godrej Properties hits record high after it buys land parcel in Bengaluru

The Mumbai-based real estate developer said it has bought 18-acre land parcel to develop a residential project in Whitefield, Bengaluru

After NCR, DLF to delve into Mumbai, Chennai residential-property markets

The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce debt.

Investment in house on discounts ideal for high net worth individual now

Demand has been lacklustre and prices have not moved up much in the past few years

Will exercise first refusal on Hines stake in Gurugram property: DLF

Blackstone, Brookfield, Allianz make ₹2,000-crore bid for the property

Phoenix Mills signs term sheet with GIC for mixed-use retail platform

The assets include Phoeix Mills' Mumbai (Kurla), Pune malls and Mumbai (Kurla) offices having a total leasable area of 3.36 million sq ft

Commercial real estate in NCR may report growth in Oct-Dec on better demand

The commercial real estate sector of the National Capital Region is likely report growth in the current quarter (October-December) on the back of improved demand, said a report by 360 Realtors

Only Bengaluru office market among top cities that may see rents go up

In the APAC region, industrial investment share of commercial transaction volumes increased by 50 per cent in 2020

Embassy bets big on ready-to-move luxury homes after selling 75% inventory

Looks to sell balance 25% in 1-2 years, says will get the structure of future projects ready before marketing so that customer get touch-and-feel

Bengaluru office mkt to see rent spike; Mumbai, Delhi stable: Knight Frank

Bengaluru has low vacancies that will enable absorption of upcoming supply. Its rentals are lower than global markets and its large talent pool should help quicker market revival

Over 19 quarters taken to clear unsold real estate inventory, says Ind-Ra

Residential sales were down 50 per cent year-on-year (YoY) to 68 million square (sq.) feet (ft) in H1FY21 across the major six cities.

Godrej Fund in talks with Bengaluru-based developer for Rs 1,200-cr deal

If the deal fructifies, it will be one of the biggest commercial property deals in the country this year

BS READS: As economy recovers, this may be perfect time to invest in realty

Investors expect a V-shape recovery in India's real estate market as the economy shows signs of revival and demand returns. Namrata Kohli brings some insights on how to play the real estate market

Realty lending by FIs drops sharply in last one year due to pandemic

Lending rates have come down by 100 basis points for term loans and to lower extent for other loans, says Propstack data

Delhi is India's fastest-growing hotspot for luxury homes, shows report

Auckland in the Australasia region topped the global index with 12.9 per cent price appreciation in the July-September quarter, compared to the same period last year

Maharashtra govt brings out uniform development control rules

The new norm is likely to bring uniformity in width of roads, size of rooms, etc. Height of buildings would, however, vary depending on the plot size and its FSI potential

Planning to buy a plot? Go for an area likely to see economic activity

As people start moving in, the area will become habitable and capital values will also appreciate

Real estate firms see good traction for plotted developments in WFH world

Godrej Properties, part of Godrej group, last month launched plotted developments of 1 million sq ft in Faridabad on 43.61 acres of land acquired from BPTP, an NCR-based developer

Prestige to invest Rs 2,000 cr on 4 new housing projects in Bengaluru, Goa

Prestige Estates Projects will develop four new housing projects in Bengaluru, Goa and Hyderabad with an investment of nearly Rs 2,000 crore amid recovery in demand for residential properties

Realty sales at pre-Covid levels on the back of stamp duty cut: Crisil

More business shifts to key developers amid pandemic chaos

BS Reads: Why buying property in Kashmir may not be as easy as it looks

Multiple claims over the same real estate, doubling of official circle rates and issues regarding sale of industrial land are key hurdles 'outsiders' could encounter