Page 68 - Real Estate

Homebuyers' body writes to PM Modi to stop proposed IBC amendment

Opposing the proposed move, the association said an accused developer can not be allowed to decide in which court they should be dragged by his victim just to suit his comfort

Investors have infused $1 bn in stressed real estate assets: JLL India CEO

It is the housing segment that presents "the maximum amount of stressed assets", Nair said

Realty check: Current rates and unit sizes in Rs 1-1.5 crore price range

If you are looking at buying real estate, an idea about prevailing rates would come in handy

Now, seller returning cash to realty buyer

The government needs to make the method of calculating the ready-reckoner rate for each locality completely data driven and transparent

The sun stops shining for Shapoorji Pallonji as solar company IPO falters

Sterling and Wilson shares tank as Shapoorji Pallonji, the controlling shareholders, drag their feet on promise of repaying Rs 23 billion debt.

Average prices of prime properties in Delhi up 4% in July-September: Report

Seoul was the weakest-performing global city in the year till September

Real estate got $14-bn foreign private equity over five years: ANAROCK data

Logistics and warehousing drew over $1 billion, and the remaining investments went into mixed-use developments

Home prices will remain flattish for another year, says Pirojsha Godrej

Real estate is a cyclical industry and adjusting the supply of projects is not very easy, unlike in manufacturing, says Godrej

Govt's realty fund too small? JLL India says Rs 70k-cr needed for revival

In a much-awaited relief for distressed home buyers awaiting possession of their flats, the Centre last week up to Rs 10,000 crore for completing housing projects

Moody's cuts Mumbai Trump Tower builder's rating over debt obligation

Macrotech Developers, earlier known as Lodha Developers, has been cut by one step to Caa1.

Housing inventory of 15 months in Bengaluru, 44 months in Delhi-NCR: Report

Unsold inventory overhang indicates the number of months it will take for the current unsold housing stock to get cleared in the current market scenario

Rs 1,500 crore needed to complete stalled projects in Mumbai region: Study

As many as 55,000 buyers have been affected by stalled projects in Mumbai Metropolitan Region and are awaiting completion of these projects

Rs 25,000-cr fund to ease realty sector's liquidity situation: JLL India

Real estate developers are currently facing a huge cash crunch, but the situation is likely to improve with the government announcing a Rs 25,000-crore fund to complete stalled housing projects, JLL India CEO and Country Head Ramesh Nair said on Wednesday. The government should ensure that this fund is disbursed to the identified stalled housing projects quickly and in a transparent manner, he added. "There is absolutely no liquidity in the real estate market. Developers are not getting funds from the non-banking financial companies (NBFCs)," Nair said, while speaking on the sidelines of a hackathon event to select three proptech (property tech) startups. He said the NBFCs, which have been the major source of funding for real estate developers from last many years are facing liquidity crunch post IL&FS default. However, Nair said the situation is likely to improve with setting up of this alternate investment fund (AIF) with a corpus of Rs 25,000 crore. "This Rs 25,000 crore fund .

Govt's Rs 25,000-cr realty fund may see some 'structural challenges'

A chief executive of PE fund who did not want to be quoted said it would take six to eight months to close the fund and start disbursing

Realty check: Current rates and unit sizes in Rs 2-2.5 crore price range

If you are looking at buying real estate, an idea about prevailing rates would come in handy

Moody's lowers Macrotech Developers' rating again, this time to Caa1

The earlier B3 rating was itself a downgrade, by Moody's this August, and indicating hightened credit risk

Premium realty players flock to affordable housing as prices rationalise

Brigade Group, which has built luxury homes and villas, announced its entry into affordable housing last year

The Indian middle class needs to learn that house prices can fall too

If you want to fix the housing sector, fix the market for houses - don't try to bail out projects, developers, banks or homeowners

DLF April-September sales bookings in H1FY20 up 16% at Rs 1,425 crore

DLF, the country's largest real estate firm in market capitalisation, had achieved sales bookings of Rs 1,225 crore in the same period a year ago

PE investors see profit in India's troubles in shadow banking, real estate

Four foreign pension plans have committed between $100 million and $400 million each to private-equity funds investing in India since Sept. 2018.