Page 57 - Real Estate

A tale of two Britains: Covid led homes market boom deepens social divide

A post-lockdown stampede for bigger houses outside of urban areas in the new work-from-home age has sparked a fresh boom in Britain's housing market

Covid-19: Housing sales fell 46% in July-Sep; 57% in Jan-Sep on low demand

During the January-September period this year sales have declined by 57 per cent to 87,460 units, from 2,02,200 units a year ago

Home sales up 34% QoQ in third quarter of calendar 2020, velocity down: JLL

The expected time to liquidate stock has increased from 3.6 years in Q2 of 2020 to four years in Q3, says a report by JLL Research

Sales of new homes surged 4.8% in August to annual rate of 1 million units

Sales of new homes rose by a very strong 4.8 per cent in August to a seasonally-adjusted annual rate of 1.01 million units.

Bhutani Infra to invest Rs 5,000 cr on 3 projects in Noida over 4 yrs

Out of 2 million sq ft area that has been completed, the company has leased around 1 million sq ft area and is in talks to put on rent the remaining area

Residential property deals and rentals skid in metros on Covid-19, WFH

The situation is worst in Mumbai, Delhi while Gurugram and Bengaluru are not affected as badly

Private equity inflow in real estate down 85% to $866 mn in Jan-Aug: Report

The private equity (PE) inflow stood at $5,795 million in the corresponding period of the previous year

Covid-19 impact: Worst over, but auto, retail, real estate still ailing

These sectors account for nearly a fourth of India's GDP

DHFL seeks loan dues of Rs 112 cr from Pune-based realtor, guarantors

The PNG Jewellers statement said the company is neither an investor nor a partner in Landscape Realty, and added that the developer is an "independent entity in the real estate business"

How Covid-19 will change the way we live

Suitors opting out of race for Lavasa over fall in realty prices

Haldiram, Oberoi Realty's plans hit; No pick up in demand expected in next 2-3 years

Telangana Assembly passes bills for landmark land reforms

The Telangana Assembly on Friday passed various Bills to bring major reforms in the state's Revenue Department by reducing human interface for land transactions

Debt recast at real estate project level to revive sector: Experts

Developers revive stalled projects faster, but someone will have to take a haircut, say industry players

Tile players' turnover likely to decline 15-25% in FY21, says ICRA

The Covid-19 pandemic has exacerbated weakness in the domestic tile demand, following the negative impact on its end-consumer industry, the real estate sector, ratings agency ICRA said on Monday

Real estate sector welcomes RBI approval of Kamath panel's debt recast plan

The committee has selected 26 sectors, including real estate, which will require restructuring based on its analyses of financial parameters hit due to the economic crash caused by the Covid-19

Top realtors see green shoots as conversion rates rise by up to 25%

Buyers aged between 30-35 years currently living on rent have the highest purchase inclination, says report

Banks may restructure loans worth more than Rs 10 trn to 5-6 key sectors

Finance Minister Nirmala Sitharaman last week asked banks and NBFCs to roll out one-time loan restructuring scheme for Covid-19 related stress by September 15

Global funds remain more overweight on India than APAC: Amish Shah

Amish Shah, India equity strategist at BofA Securities says that his firm expects the markets to consolidate in the near term

Almost 75% complaints from National Capital Region in 2 years: UP RERA

Almost 75 per cent complaints lodged with the Uttar Pradesh Real Estate Regulatory Authority (RERA) in two years have been from the NCR districts, including Noida and Ghaziabad, it stated on Friday.

Maharashtra realtors waive stamp duty for home buyers in bid to spur market

Move follows recent cut in stamp duty on and other levies by state govt