Category Archives: Real Estate

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


Adam Thomas starts working as real estate agent

los Angeles, Sep 10 (IANS) Actor Adam Thomas, who is known for playing the role of Donte Charles in the BBC drama “Waterloo Road”, has started working as a real estate agent. The 30-year-old actor, who famously starred on “Emmerdale” for nine years before leaving it in January this year, is now a sales executive for Kamani Property, reports dailymail.co.uk. Read More


Real estate lessons from the ghost societies of Greater Noida

A government housing society with a single occupant. Photo: Pradeep Gaur/Mint Time has stood still for the ghost housing societies of Greater Noida. Three years ago when this correspondent walked the broad roads of Sector MU-I in Greater Noida, with their lovely service road trees leading to gated communities, he had found few people actually living in the fully finished Read More


Govt incentives to boost residential real estate sector may push housing credit growth to 17-19% in FY19: Report

Government incentives to boost the residential real estate sector, especially budget housing, may push housing credit growth to 17-19 per cent in the current fiscal year, according to a report. Government incentives to boost the residential real estate sector, especially budget housing, may push housing credit growth to 17-19 per cent in the current fiscal year, according to a report. Read More


Report describes Dubai real estate as money-laundering haven

War profiteers, terror financiers and drug traffickers sanctioned by the US in recent years have used Dubai’s real-estate market as a haven for their assets, a new report released on Tuesday alleges. The report by the Washington-based Center for Advanced Defense Studies, relying on leaked property data from the city-state, offers evidence to support the long-whispered rumours about Dubai’s real-estate boom. Read More


Real Estate and Entrepreneurship: Demystifying Property Processes

With today’s sector-agnostic entrepreneurship resulting in the advent of innovative solutions, it only becomes natural to check for and apply these models to sectors that are generally offbeat. The best example of such a domain is the Indian real estate segment which is often believed, both by consumers as well as experts, to be widely misunderstood. Today’s entrepreneurs believe that Read More