Category Archives: Real Estate

Yash Gupta resigns from Hines, to set up own real estate venture

Hines India was set up in 2006 and has two commercial office projects in Gurgaon—One Horizon Centre and Skyview Corporate Park. Bengaluru: Eleven years after setting up the India operations of Hines, an international real estate investment and management firm with $100 billion of assets under management (AUM), Yash Gupta has resigned from the firm and plans to turn entrepreneur. Gupta Read More

Shapoorji Pallonji, Allianz Group tie up for $500 million real estate fund

The $500 million real estate fund with Shapoorji Pallonji is Allianz Group’s first investment into real estate in India. Photo: Hemant Mishra/Mint Mumbai: Global insurance firm Allianz Group on Thursday announced that it has partnered with Shapoorji Pallonji Group to set up a $500 million real estate fund—SPREF II—which will invest in commercial office properties in India. The transaction, which marks Read More

AI unlocks new avenues for online real estate services

Artificial intelligence (AI) and machine learning are revolutionizing technology all around the world. Both are pivotal in shaping most of the forthcoming innovations in every possible field.  AI, in layman terms, makes machines perform complex tasks, associated with human minds, in a smart manner. Machine learning makes computers (machine) analyse and solve problems by teaching it basic logic and making Read More

Place of learning or piece of real estate?

shutterstock.comSeason in the sun Nalanda University of old University towns, typically, nurture an environment of ideas. Unfortunately, this doesn’t seem to be happening in India As India continues with the twin tasks of building universities and developing urban centres the links that are emerging between the two are worth pondering over. There is a strong tendency for universities to gravitate Read More

SC to hear Unitech real estate developers’ matter today

The Supreme Court will on Thursday hear the Unitech real estate developers’ case. On September 15, the top court refused to grant interim bail to Unitech’s Managing Director Sanjay Chandra in connection with alleged fraud case related to delaying of housing projects in Noida and Gurugram. The apex court, three judge benches, headed by Chief Justice of India (CJI) Dipak Misra, Justices A. M. Khanwilkar and D. Y Chandrachud also Read More

Rental reforms redefine the Indian real estate sector

Anuj Puri Several breakthrough reforms with pertinence to the Indian real estate sector saw the light of the day over the last one year. Be it demonetisation – the government’s ‘surgical strike’ against black money – the revolutionary RERA or the unified tax regime of GST – all bore the power of rendering the Indian real estate sector more transparent Read More

Patty: Opportunities Arise in Real Estate Seller’s Market

ng Service and is generally faster and always more accurate than national syndication sites. You don’t know if you can afford the home or would be comfortable with your payments because you aren’t pre-approved for a mortgage.  Many times, something shows up on the mortgage brokers credit report that the consumer is unaware of. You don’t have an agent.  Homes Read More

Puravankara’s ‘Big Online Home Fest’ to boost to real estate after RERA

The high spirit in the real-estate market is making a comeback after a lull and leading builders Puravankara are going all out to make it a bang for customers. The real estate giant’s ‘Big 72-hours Online Home Fest’ is making housing affordable for customers across the country.The three-day online home fest is bringing all properties of Puravankara and its premium Read More

Tamil Nadu govt mulling slew of changes in real estate sector

In the post-RERA Era, Tamil Nadu could become one of the first states to overhaul its existing housing policy, as the government plans changes to existing guidelines surrounding land-pooling, low-cost housing and project approvals Doing business in Tamil Nadu’s real estate sector is set to get a lot easier, provided a list of proposals gets the state government nod.   Read More

Will the next 5 years see an upswing in real estate?

Contrary to the general perception that real estate has been going through a bad phase for the past few years, according to Knight Frank Global House Price Index Q2 2017, prices in the residential real estate market in India appreciated 10.5% in 12 months or 70% (absolute) in 5 years ending June 2017. According to the report, “the growth in mainstream Read More