NEW DELHI: Most realty shares were trading in the positive zone in Tuesday’s morning session. Shares of Indiabulls Real Estate (up 2.31 per cent), SobhaNSE 0.26 % (up 0.76 per cent) and DLFNSE 0.86 %(up 0.58 per cent) were trading higher. Oberoi Realty (up 0.54 per cent), Godrej Properties (up 0.36 per cent) and Prestige Estates Projects (up 0.13 per cent) too were Read More

New Delhi: Capital investment in commercial real estate by Indian investors in overseas markets soared by 92 percent to $700 million (around Rs 4,893 crore) between the first quarter of 2018 and the first quarter of this year, a report said. Investors tapped the overseas market to diversify risk and increase their returns, the report by global property consultant Knight Frank Read More

The Nifty Realty index has declined 2% on Friday as selling pressure was seen in Indiabulls Real Estate, DLF, Oberoi Realty, Sunteck Realty, and Sobha. Shares of Indiabulls Real Estate and DLF, which declined 4% each, were leading the index’s fall. Shares of Oberoi Realty and SunTeck Realty also contributed to the fall, declining 3% each. Shares of Sobha dropped 1%. However, shares of Brigade and Phoenix cushioned the Read More

Uttar Pradesh Real Estate Regulatory Authority invites online application for the post of Law Graduates who have graduated not before 2016-17 for contractual engagement as “Law Trainee” in UP-RERA. Name of the Post: Law Trainee No. of Post: 03 (Three) Honorarium: Rs. 30,000/- Maximum Age Limit: 27 Years Essential Qualification The candidates must have at least one-year experience of working in a court of Read More

Uttar Pradesh Chief Minister Yogi Adityanath on June 14 visited Gautam Buddh Nagar to review various development works. He also met real estate developers and homebuyers to discuss issues relating to delays in the delivery of housing units, sources said. As per estimates, over 3 lakh homebuyers in UP are yet to receive their houses. The chief minister met real estate Read More

Ola announced that it is setting up an advanced technology centre in the Bay Area, which will primarily focus on developing next-generation technologies in electric, connected and autonomous vehicles. the team is looking to hire 150 engineers. The centre will build cutting-edge technology solutions to accelerate the company’s ambitions across electric mobility and connected vehicles, as well as lead futuristic Read More

The residential real estate market across the country saw a 43% year-on-year decline in launches in March. However, sales during the month saw a 10% y-o-y increase. The launches saw a staggering decline in March amid the uncertainty over GST (goods and services tax) rates as well as the liquidity crisis. This led to an overall fall of 6% y-o-y Read More

The fading facades of century-old buildings in a neighborhood of the Nigerian megacity of Lagos house a vibrant technology cluster that’s caught the eye of Facebook Inc. and Alphabet Inc.’s Google. The Yaba area, home to the Yaba College of Technology and the University of Lagos, is an emerging technology ecosystem — from fewer than 10 startups in 2013 to more than 60 today, Read More

Lucknow: Real estate giant Ansal API, entrusted with around 90 projects in Uttar Pradesh, now finds itself under the scanner for alleged fraud, criminal breach of trust and diversion of funds.  The latest blow came last week when a Lucknow court issued a non-bailable warrant (NBW) against the firm’s top management, including chairman Sushil Ansal and his son Pranav Ansal. “Two Read More

The value of the total real estate transactions in Dubai surged to more than Dh34 billion ( ) during the first five months of 2019, up 33 per cent from Dh24 billion last year, according to Dubai Land Department (DLD). The value of residential and commercial apartments’ deals topped Dh17 billion, while land purchasing transactions amounted to Dh14 billion and villas deals Read More