Category Archives: Real Estate

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


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