Page 55 - Real Estate

If festive season goes well, we'll cross last year's sales: Tata Realty MD

In a Q&A, Sanjay Dutt dwells on the big leasing deals his company has done during the lockdown and the good traction it has seen in housing sales

Housing sales may fall by 35-40% in FY21 as demand improved: ICRA

ICRA said the uptick in absorption levels during the second quarter of FY2021 has been driven by affordable and mid/upper-mid segments.

Q2 home sales up 60% sequentially due to unlocking, pent-up demand: Icra

Buoyancy supported by demand from returning NRIs; digitisation plays key role in enabling sales

Mumbai, Pune see residential property sales pick-up following lockdown

The highest traction in sales was observed in properties priced between Rs 50 lakh and Rs 1 crore in Mumbai

Best of BS Opinion: Air quality crisis, corporate results, and more

Here's a selection of Business Standard opinion pieces for the day

Commercial real estate market sees sharp rebound in September quarter

DLF recorded over 98 per cent collection in office rentals

A fresh lease of life for real estate?

The Reserve Bank has taken all the right steps to attract home buyers and encourage housing finance companies. A couple of other things can complete the suite

DLF-GIC joint venture to be ready for launch of its REIT in 15-18 months

Realty major DLF's rental arm has started the process of structuring its rent-yielding commercial assets in REIT form but the timing to launch the public issue will be decided by the promoters

REA to buy controlling stake in Elara for $70 mn; News Corp to raise stake

Elara will continue to operate as a stand-alone entity within the REA Group structure

Freebies, stamp duty cut help home sales in Mumbai surge past other markets

Pent-up demand, increase in affordable and mid-segment housing over the past few years support upsurge

Is that to-die-for real estate deal being offered on inflated prices?

Before rushing into these schemes, find out the benchmark price of similar properties in the area

IFC to invest $75 mn in Indospace Logistics to develop industrial parks

The funding will provide Indospace with long-term finance against the backdrop of the Covid-19 pandemic to continue investing and developing select projects

Brookfield to invest $2 billion in biggest Indian property deal yet

The Canadian asset manager is acquiring 12.5 million square feet of rent-yielding offices and co-working spaces from RMZ Corp

For end-users, festive season is a good time to strike a deal for a house

Prices and interest rates are both low, and attractive discounts and payment plans are available that will sweeten the deal further

Adani, Piramal, Oaktree and SC Lowy submit bids for troubled DHFL

Oaktree bids for entire company, Piramal for retail loan book

Cold storage real estate stock rises up to 1,500 mn sq ft by 2023: Report

The rising demand for food and groceries on e-commerce platforms will fuel the growth in the cold storage business, property consultant CBRE has said

RBI announces measures to boost credit flow to real estate sector

The requirement of standard asset provision of 0.25 per cent will continue to apply on all such loans, the notification added

Office properties grab lion's share of realty's $2.31 bn PE investments

The segment accounts for 81% of PE funds flowing into the real estate sector betwen Jan 1 and Sept 30; residential segments gets 9%

Blackstone nears $2 billion India property deal with Prestige: Report

The US private equity group is in advanced talks to acquire Prestige Estates Projects' rent-yielding assets including offices and operating malls

RBI move to allow loan recast at project level to benefit realtors: Experts

Move will help restart projects stuck due to Covid-19. Both buyers and developers will stand to gain when these projects eventually see the light of day