Budget 2020-21: CREDAI has recommended some measures that association believes will further encourage private sector investment in affordable housing. Union Budget 2020 India: Indian real estate sector, contributing about 8 per cent of the country’s GDP, has its eyes fixed on the upcoming budget as it seeks measures (which will help boost GDP as well) for the sector’s revival. While Read More

  Property developers are quite bullish on the growth prospects of real estate and are hopeful that the sector will most likely do well in the coming year. The year 2019 proved to be a mixed bag for the nation’s real estate sector. While commercial real estate flourished, that was not the case with residential real estate, although the Modi Read More

Real estate has different facets: residential, office, retail, land etc. with each facet being impacted by megatrends emerging in the economy. Amidst the talk of people losing jobs, auto sales going down, factories getting shut and a looming slowdown, there is much to despair. However, the fact remains India is still growing at a rate of 5%, which is though Read More

India is a country that houses more than 460 million internet users, making it the second-largest internet market in the world after China. The increase in the number of Internet users has expanded the outreach of digital platforms manifolds. Like every other industry, the phenomenal growth of social media has changed the way the real estate industry functions. Agents have Read More

The real estate industry, particularly the housing segment has expressed its disappointment after the Reserve Bank of India (RBI decided to maintain status quo and did not announce a repo rate cut. The Monetary Policy Committee (MPC) decided to take a pause after five consecutive rate cuts this year. MPC lowered the repo rate by 135 basis points between Feb-Oct, Read More

Nirlon share price hit all-time high in trade today on signing a real estate deal with JP Morgan. The deal entails JP Morgan taking up approximately 1.15 million square feet of office space in Nirlon Knowledge  Park that is expected to be delivered by the second quarter of 2021. Share price of Nirlon Ltd, which is engaged in the business Read More

NEW DELHI: The construction of an international airport at Jewar in Greater Noida will boost commercial development in the region and help make it an attractive alternative to Gurgaon, real estate developers said. Demand for commercial space will go up and multinational companies can now think of investing here, said Geetamber Anand, chairman of Noida-based ATS Group. “With the announcement of an international airport, Noida Read More

Real estate firm DLF Ltd. plans to focus on its rental arm and monetise its Rs 10,000-crore finished inventory to beat the subdued demand in the country’s real estate market. “Today, the DLF model has two halves to it—one is the rental vertical DLF Cyber City Developers Ltd. and other is the residential side,” Chief Financial Officer Ashok Tyagi told BloombergQuint in Read More

Valery Neuman, founding partner and broker associate of Compass Greater Palm Springs area is one of the desert’s top producers with annual sales totaling over $100 million. Neuman knows how to showcase and market her ultra luxury listings. Over the busy Thanksgiving holiday weekend Neuman is hosting two twilight opens at some of the poshest country club communities in the desert. Read More

NEW DELHI: Real estate ancillary industriesNSE -1.64 % such as elevator, tile and pipe manufacturers are counting on the government’s Rs 25,000 crore stress fund for reviving stalled projects to improve their business prospects. IndiaMART, an online B2B marketplace connecting buyers and suppliers, said growth in queries had fallen 50% and the government’s intervention will help revive the ancillary industries. Lift manufacturers Read More