Page 72 - Real Estate

Developers brace for another storm as SC gives relief to homebuyers

According to industry sources, the verdict will make things difficult for a host of developers

Supreme Court upholds homebuyers' rights in fight against bankrupt builders

The Supreme Court's verdict paves the way for resumption of several insolvency cases that had been put on hold pending a decision.

De-risking exercise: Piramal reduces exposure to residential real estate

Piramal's exposure to Lodha has reduced to Rs 3,180 crore from Rs 4,300 crore in October 2018, and it plans to reduce it further to Rs 2,600 crore by September 2019, said Khushru Jijina

Rating downgrade by Moody's shows liquidity crunch at Lodha Developers

Moody's said the negative outlook reflected uncertainty over the refinancing of Macrotech's upcoming debt maturities

Xander Investment Management buys Rs 900-crore office property in Pune

The property named Weikfield IT-CITI Infopark is spread across 1.1 million square feet and has clients such as Maersk and WNS

NCLAT quashes NCLT order directing return of land to Jaypee Infratech

Jaiprakash Associates was ordered to return 858 acres to Jaypee Infratech

Commercial realty will remain an important area for CPPIB: Senior MD

We are here for the long term and India is an attractive market, says Alain Carrier, CPPIB's senior managing director

Banking on Phase 5 project, DLF provides sales guidance of Rs 2,700 cr

DLF has earmarked a capital expenditure of Rs 200 crore this year for its Chennai project

Don't fall for under-construction stock, ready-to-move homes a better bet

With banks saddled with NPAs, NBFCs had stepped into the breach

Real estate attracts $34 billion PE investment since 2014: Report

The share of residential segment has shrunk over the years due to slowdown in the housing sector, the report said

Realty check: Current rates, unit sizes in Rs 1.5-2 crore price range

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

Affordable homes account for only 29% of total launches in Jan-Jun: Anarock

In recent Budget announcement, the government has increased the deduction of interest on home loan by Rs 1.5 lakh to Rs 3.5 lakh to boost demand for affordable housing

India's inventory of unsold luxury homes falls 12% to 43,000 units in Q1

Among the top cities, Bengaluru led from the front, recording a significant 49 per cent reduction in unsold luxury stock within a year - from 6,370 units in Q1 2018 to 3,260 units in Q1 2019

Universal construction company

On asking where the rubbish was coming from, an underage tractor driver said, the rubble was from some of the old buildings being demolished at Visva Bharati University

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

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

Real estate developers at risk as stress in credit market dries up funding

Cash crunch may shutter about 70% of developers: Goldman Sachs

Rental housing is not an option for developers, says DLF's Rajeev Talwar

In Mumbai, the price of housing has stagnated since 2013

Hiranandani Group plans to build data centres under the brand Yotta

Niranjan Hiranandani, chairman of the group, said that the firm aims to become a leader in the data centre space

Real estate developers hope budget proposals can ease liquidity crunch

The Budget, presented last Friday, provided Rs 70,000 crore for recapitalisation of public sector banks

Number of real estate developers in top 9 cities halved after note ban

Demonetisation, RERA and GST have helped consolidation in the sector