The Nifty Realty declined 2% led by heavy selling pressure in Indiabulls Real Estate, Sobha, Oberoi Realty, Sunteck Realty, and Prestige Estate. Shares of Indiabulls Real Estate and Sobha, which declined 6% and 5%, respectively, were leading the index’s fall. Shares of Oberoi Realty and Sunteck Realty also contributed to the fall, slipping 4% each. Shares of Prestige Estate, Brigade Enterprises, and DLF also dropped 1% each. Shares Read More

CoWrks, workspace providers has announced the appointment of, Rajat Gupta as Chief Growth Officer. Rajat joins the organization with twenty-two years of extensive experience in the real estate industry. Prior to his role at CoWrks, he was Managing Director for Advisory and Transaction Services at CBRE, where he was leading the Office Occupier Services vertical for India. With more than Read More

Noida Police arrested seven people on Saturday for a multi-lakh robbery at the office of Mahagun real estate group (Representational Image) Noida Police arrested seven people on Saturday for a multi-lakh robbery at the office of Mahagun real estate group. The incident took place last week on Saturday night, when the accused entered the premises, took the guards hostage and Read More

Flats in the affordable segment offer better rental yields as compared to mid-level or luxury segment. Representative image New Delhi: Real estate, which was one of the most preferred asset class of Indians so far as long term investment is concerned, has delivered a negative return in most of the Indian cities in past few years due to multiple reasons Read More

The Indian commercial real estate market is expected to provide 294 million sq ft of REITable space which would be valued at $35 billion, says a report. IT/IT-SEZ office space to dominate REITable assets across the country. With large and quality IT spaces occupied by prominent global players, Bengaluru will be the most favoured city for REITable assets. Presence of single-ownership Read More

Indiabulls Real Estate will sell its London property to promoters for GBP 200 million (approximately Rs 1,800 crore) as part of its strategy to focus on its India business and cut debt. The company’s net debt stood at Rs 4,590 crore at the end of the fourth quarter of 2018-19 fiscal and the same would be reduced to Rs 3,000 crore Read More

Real estate can challenge even the most optimistic souls. Browsing Zillow can be fun, but when it’s your business, the stakes are a little higher—production, fulfillment, sanity. Designer Bridgett Cochran and artist Kelly Porter, co-founders of the artisan wallcovering and fabrics studio Porter Teleo, found themselves at that pivotal point. “We had outgrown our space and started to look for a new one Read More

Bengaluru: Birla Estates Pvt. Ltd, part of BK Birla Group, has ventured into residential property development with its first project launch in Kalyan, in suburban Mumbai. With a focus on premium housing projects, the firm also plans to build homes in Pune, Bengaluru and the National Capital Region (NCR), said a top company executive. The Kalyan project, Birla Vanya, which has Read More

NEW DELHI: Realty shares were trading with gains in Wednesday’s morning session. Shares of Indiabulls Real Estate (up 9.01 per cent), Oberoi RealtyNSE 4.26 % (up 4.20 per cent), Godrej PropertiesNSE 3.05 % (up 3.30 per cent) and Sunteck Realty (up 2.10 per cent) were trading with gains. Sobha (up 1.21 per cent), DLF (up 0.93 per cent), Phoenix Mills (up 0.91 per cent) Read More

Picture used for representational purpose only THANE: The Raymond group has announced its foray into the real estate sector and launched its debut project, a residential complex spread over 14 acres of its vast industrial land at Pokhran in Thane on Wednesday. Gautam Singhania, chairman and managing director of Raymond Ltd, said the project will house 3,000 residential units across 10 towers of Read More