Category Archives: Real Estate

Alate Partners seeks to change how real estate is managed

Venture capitalists Relay Ventures and Canadian real estate firm Dream have come together to launch Alate Partners, a business focused on accelerating the development of technologies that enhance or augment how real estate is designed, built, and managed. Growth in the property technology (so-called ‘proptech’) market is significant, with real estate tech startups raising $3.4 billion in funding last year, Read More


Amazon HQ2 rumors rattle New York and DC real estate markets

It hasn’t been announced yet. It wouldn’t happen for months, if not years after it was announced. But Amazon’s possible arrival in Northern Virginia and Queens, New York, has already sent shockwaves through surrounding real estate markets. Mara Gemond, a longtime Arlington, Virginia, realtor, never did much business in the dingy cluster of office buildings next to Reagan Airport known Read More


Hazards Of Direct Or Indirect Real Estate Ownership Under An IRA

The tax benefits of owning real estate in an IRA plan certainly seem appealing at first glance. Under a self-directed IRA, you can control your investments, and the tax benefits of owning real estate in an IRA plan certainly seem appealing at first glance. In a Roth IRA, contributions are made with after-tax dollars, and the earnings on your investments Read More


First-time property buyers, take heart! This Zomato for real estate agents can help you make the right choice

The walls were closing in on Mohit and Nidhi B Sancheti. As first-time buyers of real estate, the couple came face to face with multiple problems: connecting with multiple agents who added no value to the property scouting process, wading through a barrage of information, and struggling to find quality amid the quantity. The problems led them to think of Read More


Residential real estate continues to struggle, office leasing strongest in three years

Sales in the residential housing segment has been gradually coming down since 2013-14, and the sector is struggling even after almost five years of sluggishness. As a result, inventory level continues to remain high in the segment, despite fewer project launches. However, commercial real estate, especially the office segment, is in a healthy state if we consider demand and leasing. Read More


Real estate sector to chart new growth story, will grow 35% annually in next 5 years: Niranjan Hiranandani

Though the real estate sector is under stress for the last few years, this could be the beginning of a new growth story, said Niranjan Hiranandani, president (national), National Real Estate Development Council (NAREDCO) and chief managing director of Hiranandani Communities. The survival trick for developers and investors is to adapt to the changing environment and government policies. The real Read More


Shapoorji Pallonji Real Estate plans to enter warehousing segment

Looking to further diversify its portfolio and tap the growing warehousing sector, Shapoorji Pallonji Real Estate plans to enter the segment and is in talks for strategic partnerships, a top company official has said. The company is in the process of identifying locations to develop grade A warehousing stock across the country, Shapoorji Pallonji CEO Venkatesh Gopalakrishnan told PTI. “We Read More


Pune real estate duped on lakhs for ‘freeing’ Facebook friend from customs

The Swargate police have booked an American national for duping a city-based real estate agent to the tune of ₹47 lakh. According to the police, the accused Antheshia Smith, initially befriended the 59-year-old victim on Facebook and interacted with the real estate agent for a few days. The accused was interested in investing in the real estate sector in Pune. Read More


Indiabulls Real Estate eyes over Rs 30,000 cr sales revenue from 14 projects

Indiabulls Real Estate expects to garner a sales revenue of over Rs 30,000 crore from its 14 ongoing projects, being developed mainly in Delhi-NCR and Mumbai, the company said. In his message to shareholders in the annual report, Indiabulls Real Estate Chairman Sameer Gehlaut said the company has a well-diversified presence in both commercial and housing segments. “With the recovery Read More


New drone regulations to boost transparency in India’s real estate sector

For developers, drone images and videos can be a very powerful tool for marketing | Image via Tech in Asia India’s new drone regulations are set to change the landscape of the real estate sector from December, as the 3-D mapping of properties will not just become powerful tool for marketing but will further boost transparency and accountability, industry experts say. The commercial use Read More