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

Bengaluru: Axis Asset Management Company (AMC), a unit of Axis Bank, has concluded raising its maiden real estate fund — Axis RERA Opportunities Fund-I — with commitments of over₹400 crore, the company said on Tuesday. Investors include domestic institutions, high networth individuals and the sponsor, Axis AMC. The fund is targeting investments through the structured debt route in top eight cities, Read More

After a cut in GST rates for real estate, the repo rate cut of 25 basis points is a big boost to the sector, experts said. “The real estate sector has been looking forward to such stimuli to boost sales velocity,” Shishir Baijal, Chairman & Managing Director, Knight Frank India told Moneycontrol. The Reserve Bank of India has also formed Read More

The two physical asset classes of real estate and gold have for long been considered safe havens by Indian investors, and are usually a very large chunk of portfolios. But over the past few years, returns from them have been poor to negative. While financial products are gaining ground with investors, real estate and gold continue to hold strong. In Read More

NEW DELHI: Realty shares were trading with losses in Monday’s morning session. Shares of Indiabulls Real Estate (down 3.06 per cent) , Prestige Estates Projects (down 2.81 per cent) , Godrej Properties (down 2.17 per cent) and Oberoi Realty (down 1.97 per cent) were trading in the red. Brigade Enterprises (down 1.51 per cent) , DLFNSE -0.64 %(down 1.30 per cent) Read More

PE inflows in residential projects down 82% at $266 mn in 2018, commercial sector draws $2.8 bn Commercial real estate investments from institutional investors are at a four-year high in India as investments in residential projects have dropped to a four-year low, according to a new report from Anarock Consultants. The commercial office segment saw the highest inflows, accounting for Read More

Bengaluru: The real estate sector, which has been struggling with weak demand and stagnant prices for years, has received another blow with the liquidity crisis at non-banking financial companies (NBFCs), one of their last funding sources. Many NBFCs have lost significant market value on growing concerns around asset-liability mismatches and tightening liquidity in the short-term money market, after a series of Read More