Page 76 - Real Estate

Real estate investment platforms, JVs raise $6 bn to date for India: JLL

The industrial and warehousing segment, 12 per cent of the total capital raised by investment platform funds, is expected to witness a big shift

Bengaluru home-buying sees fastest pick-up among metros this year: Anarock

The report tracked Bengaluru's residential real estate trends since 2013, factoring in the city's evolution in terms of infrastructure development, transport and connectivity

Triggered by ILFS default, NBFC crisis may delay real estate's recovery

Besides the financial sector, the real estate business may also face the heat due to the ongoing crisis in NBFC sector, triggered by IL&FS default. "As on March 2018, NBFC's exposure towards real estate is 7.5 per cent accounting for Rs 1.65 lakh crore," real estate consultant Anarock Capital MD & CEO Shobhit Agarwal told PTI. "Post the banking systems freeze on real estate funding due to rising non-performing assets, NBFCs and HFCs are the sole source of funds for the cash-strapped developers," he said. The NBFC crisis needs to be resolved as soon as possible or the real estate sector's much-anticipated recovery will be postponed by a couple of quarters, Agarwal said. Now, NBFCs are struggling and their loan disbursals to developers have slowed down significantly, he said. The repayment burden is about 1.2 lakh crore (USD 16.3 billion) of commercial paper in October-December, near a record 1.46 lakh crore in August-October, according to available data. The ...

Where to park a Porsche? Storing pricey cars is the new idea in real-estate

Think Jay Leno and his 100-plus vehicle assemblage or Jerry Seinfeld with his dozens of Porsches

Even as all-India housing prices went up, Delhi saw a fall in Q1: RBI data

While Kochi recorded the highest surge of 41.2 per cent in the past one year, Kolkata saw the minimum year-on-year appreciation of 1.2 per cent in the first quarter

Rules for forfeiting earnest money

The builder can forfeit the earnest money, but it cannot exceed 10 per cent of the total cost of the house

Shapoorji Pallonji real estate to launch 35 mn sq ft of projects in FY19

In the NCR market, the company is developing a mid-income project under the Joyville brand

Real estate hotspot: How Kolkata's EM Bypass has come to be an IT-ITeS hub

In addition to the continuous physical infrastructure upgrades, such as ongoing metro and BRTS network, EM Bypass is well-equipped with social infrastructure

Go beyond festival discounts if you are planning to invest in a property

The discounts offered now may also remain in the near future until sales pick up and developers are able to hike prices

Indian realty market to become third largest, touch $1 tn by 2030: Survey

According to the report the private equity investments in Indian real estate improved 15 per cent year-on-year in January-March 2018 reaching $3 billion

Amid real estate slump, can this $18 mn penthouse in New York find buyers?

The building will begin sales next week with prices that land squarely in the market's weak zone

Watchdog comes to homebuyers' rescue, asks builder to pass on GST benefits

After the GST rollout, 12 per cent tax was levied on the construction service, which was further reduced to 8 per cent from January 25, 2018

Implementation of RERA across states is nowhere close to its goal: Expert

Experts point out multiple changes by different states in the Act proposed initially by the central government

Ambernath: From being industrial hub to affordable housing suburb

Ambernath has good social infrastructure facilities in the form of healthcare, educational institutions and retail outlets for day-to-day requirements

Soon, it will be easier to get a refund if your builder goes bankrupt

You're on a par with other financial creditors, including banks; no one can touch the house of which your builder has yet to give you possession

Looking for cheaper homes? Chennai sees price cuts, reduced unit sizes

New launches in the city during the first half of 2018 were the highest in 3 years; developers focusing on offloading existing inventories by re-launching old products at lower prices

Lodha Developers' net profit rises 32% to Rs 7.9 bn due to high sales

Lodha Developers' total income was higher than that of DLF, which posted Rs 76.64 billion income during the previous fiscal

What makes Koramangala in Bengaluru an attractive residential destination

Koramangala is ideal for investors looking at pre-lease properties

Realtors join fray in affordable housing segment, take the middle path

According to the Ministry of Housing and Urban Poverty Alleviation, affordable housing is defined on the basis of property size, price and buyers' income

Delay in construction is builder's problem

National Commission observed that Unitech had failed to produce any evidence to substantiate its defence