Page 77 - Real Estate

Synchronising bank regulations with PMAY may lead to lower prices

The RBI's move will increase the demand for affordable housing loans from families under EWS and LIG categories.

This real estate hotspot in Gurgaon offers easy exits to investors

Infrastructure development on track and construction of sector roads is completed to a large extent, and the region is well-connected to other parts of the city by the Metro rail

Moving to a bigger house? Sell your old home in exchange for the new one

Bengaluru-based real estate firm Puravankara is assisting customers in selling their old property and upgrading to a new one from it

IND AS rule: Real estate firms fear additional compliance, paperwork

As per the new norm, real estate companies will have to switch to the project completion method from the existing percentage completion method

IBC, RERA pitted against each other; have conflicts in operation: Assocham

According to Assocham report, the fundamental contradiction between these two may drag cases to judicial and legal forums.

Real estate players turn to start-ups to build a better tomorrow

Players are investing, incubating and collaborating with startups to get their hands on the latest technologies

Real estate players blame govt for high prices and low demand

Credai claimed it urged govt to reduce GST rate of 12% on all homes purchased and not only those under CLSS

Housing sales in major cities down 40% in 2017 from 2013/14 levels: Study

In Delhi-NCR, sales fell to 37,600 in 2017 from average annual sales of 1,16,250 units during 2013-14

India's real estate sector to reach $180 billion by 2020, says report

Regulatory reforms, steady demand generated through rapid urbanisation, rising household income and the emergence of affordable and nuclear housing are some of the key drivers of growth for the sector

29% growth in home sales, dip in QTS indicate market recovery: Icra

The value of the area booked during April to December also rose to Rs 116.51 billion

Fast-growing hotspots: Enter tier II cities while prices are attractive

Many of them could emerge as growth hubs in the near future offering sound price appreciation, but they also carry the risk of a supply glut

GIC to pick 40% stake in Prestige's Exora Business Park for Rs 26 bn

Recently, GIC acquired 33.34 per cent stake in realty player DLF's rental arm for nearly Rs 90 billion

From dry construction to prefab units, realtors push tech to meet deadlines

Over the past decade, construction capability has evolved

Signs of revival in realty sector: New schemes will do well, say experts

Some companies were witnessing a 50 per cent jump in sales as many claimed that the bounce back in sales came in the third quarter

Developers should have mix of residential, commercial properties: Experts

Housing sales fell by 35% across eight major cities in the July-September quarter this year as demand slowdown continued in the property market

How India's phantom flats are leaving home buyers' dreams in tatters

As real-estate sales slumped and the once red-hot market cooled, businesses unraveled -- leaving them grappling with debt

Realty sector hit by tsunamis like demonetisation, RERA, GST in 2017

Real estate developers and consultants expect housing sales to improve in 2018

Realty firms struggle with record Rs 99,000-cr unsold inventory

First half of FY18, however, saw a mild improvement as net sales growth kept pace with new supply

Nifty Realty index at 7-year high; up 7% in three days

At 02:53 PM; Nifty Realty index, the largest gainer among sectoral indices, up 2% at 320, as compared to 0.17% rise in Nifty 50 index.

Godrej Properties leads pack of outliers in real estate

After a triple blow from demonetisation, new tax regime and implementation of the Real Estate (Regulation and Development) Act (RERA), residential real estate sales have been witnessing a steep decline.However, a bunch of outliers are bucking the slowdown in the realty sector and recording healthy sales and earnings growth. Leading the bunch is Mumbai-based Godrej Properties, followed by Bengaluru-headquartered Sobha Developers and Mumbai-based Oberoi Realty. Residential launches in the top eight cities declined by 41 per cent in first six months of 2017, lowest in seven years, according to broker Knight Frank. RERA has fundamentally changed the nature of development by pushing project IRRs (internal rate of returns) down and making developers delay projects. This comes when unsold inventory in the national capital region stands at approximately 200,000, which will take 62 months to get absorbed. In Mumbai Metropolitan Region, unsold inventory is at approximately 180,000 and will ...