Category Archives: Real Estate

The changing landscape of the Indian residential real estate market

If there is an industry that has undergone a tumultuous period for the past couple of years, it has been the Indian real estate market and within that, especially the residential segment. The residential market has been in the midst of a slowdown in the past 2-3 years on account of prices that had run ahead of themselves, launches based on Read More

RERA has shrunk the real estate market and that’s good

Photo: Pradeep Gaur/Mint How quickly the Real Estate (Regulation and Development) Act, 2016, or RERA, turned a year old. There are many reasons to celebrate its first anniversary as it has brought much needed transparency in the industry along with a boost to buyer sentiment. However, it is also imperative to do a health check one year down the line Read More

NetBiz Bags Social And Digital Duties For Leading Real Estate Player Dosti Realty

NetBiz, a leading 360-degree digital performance-driven agency has bagged the digital mandate for Dosti Realty, one of the top real estate builders in Mumbai following a multi-agency pitch. The mandate includes handling the creative strategy and management of the brand’s digital assets. The mandate will include social media strategy, content marketing, search engine marketing (SEM) and creative strategy across digital platforms. Read More

Indiabulls Real Estate board clears share buy back scheme worth Rs 624 cr

The board of Indiabulls Real Estate Ltd today approved a buy-back plan for up to 2.6 crore fully paid-up equity shares, amounting to Rs 624 crore. “The board of directors of the company, at its meeting held on May 18, 2018, has approved the proposal of buy-back of up to 2.6 crore fully paid-up equity shares of Rs 2 each of the Read More

How does convergence of technology transform the real estate sector?

A lot has been discussed about the impact of technology on real estate, but the most profound change brought about by technology is the slow, but definite change in mindset towards being a service industry. The most obvious driver has been the success of sharing economy models – be it the marketplace model offered by the likes of AirBnb or Read More

How Cloud-Based Software Is Transforming the Commercial Real Estate Industry

Commercial real estate is an industry driven by huge volumes of data, making it uniquely positioned to benefit from broad-based cloud adoption. According to the McKinsey Global Institute, the world creates roughly 2.2 exabytes — that’s 2.2 billion gigabytes — of data every day. While this proliferation of data is spread across millions if not billions of individual devices, simply storing Read More

Kuwait faces real estate crisis as expats leave

Manama: More than 75,000 flats in Kuwait are empty and need to be “absorbed” by the real estate market in four to five years, a study has warned. According to Kuwait Real-Estate Union secretary general Ahmad Al Dewaihees, there are currently 49,130 empty flats in Kuwait and 26,466 more under construction. The percentage of flats being used has dropped by Read More

Residential real estate market: Buyers need to act before prices move up

Benefit from a market in correction mode According to a report from PropTiger, sales grew by more than 35 per cent (aggregate of top nine markets) year-on-year in the January-March quarter Launches were down 60 per cent in this quarter compared to the corresponding quarter of FY17. Launches increased only in Bengaluru and Kolkata Higher sales and lower launches are Read More

Dubai stocks dive to 27-month low on real estate woes

The real estate sector is one of the main pillars for Dubai’s highly diversified economy, which is not dependent on oil. (AFP) DUBAI: Dubai stocks hit a 27-month low on Thursday on the back of sharp falls in the real estate market and a drop in liquidity levels. The Dubai Financial Market Index ended the day’s trading down 1.83 percent Read More

Automakers are primed to become ‘landlords of mobile real estate’ – and it could net General Motors $1 billion

Baidu Automakers are poised to become “landlords of mobile real estate” by offering subscription products to drivers. $1 per month in subscription revenue could net GM $1 billion, Morgan Stanley says. Follow General Motors’ stock price in real-tme here. Amazon delivering packages to customers’ cars is only the beginning in what could be a massive evolution of automakers as we know Read More