Category Archives: Real Estate
Quarter of all global commercial real estate transactions involve private investors
Moneycontrol News As much as 27 percent of all global commercial property transactions in 2016 involved a private buyer and 24 percent of ultra-high-net-worth individuals portfolios allocated to real estate. UK is the number one country where private property investors are most likely to invest in, says Knight Frank’s Active Capital Report. The number of Ultra-High-Net-Worth Individuals (UHNWIs) – those Read More
Where religion blends with real estate
Chairs are being laid out and banners and buntings line the way, as Ariel University prepares for graduation ceremonies on its campus, which houses about 15,000 students. But for the graduating students from Ariel, a degree could become damaged goods, as movements to boycott factories, vineyards, and schools built on Jewish settlements in the West Bank grow. Since 2010, Israeli Read More
Blackstone in talks to buy $525 million IL&FS real estate fund
Blackstone is a leading owner of office space in India, spanning over 30 million square feet across all major cities. Photo: Abhijit Bhatlekar/Mint The Blackstone Group Lp, the US-based global private equity firm, is in talks to acquire ILFS India Realty Fund I, a $525 million real estate fund owned by IL&FS Investment Managers Ltd (IIML), two persons aware of Read More
Motilal Oswal Real Estate backs ATS’ Gurgaon project
Motilal Oswal Real Estate, the property investment arm of Motilal Oswal Private Equity Advisors Pvt. Ltd, has committed to invest Rs 120 crore in a residential project of north-based developer ATS Infrastructure, the investment firm said in a statement. While the firm has disbursed 60% of the committed capital this week, the rest will be invested in the coming months. Read More
Real Estate: Consumer Savvy Mode
As the Real Estate and housing market takes to reforms and becomes more mature, organised and transparent, a number of new trends emerge in the sector under transformation that are to the advantage of consumers or end-users. The most significant change witnessed in the sector, is the investor-speculator driven market, giving way to an end-user centric market. Real estate Read More
State can’t weaken real estate Act, top official tells Noida homebuyers
Homebuyers also questioned why the UP government is delaying the implementation of the Act, which was put into effect from May 1, 2016. (Burhaan Kinu/HT FILE PHOTO) Homebuyers should not worry because the state government cannot dilute the real estate regulatory authority (RERA) Act at per its will, said Rajiv Ranjan Mishra, joint secretary, the ministry of urban development. Mishra, Read More
From automobile to real estate and consumer goods: What will be the impact of GST
India is all set for its most ambitious reform in decades, which is expected to transform the world’s fastest growing major economy into a single market for the first time. The long-awaited Goods and Services Tax (GST) rolls out Saturday even as businesses complain they are ill-prepared for the massive changes about to ripple through India’s unwieldy $2 trillion Read More
GST impact on real estate: Will new tax system bring property prices down?
After demonetisation, the Real Estate (Regulation and Development) Act or RERA is being enforced to realise the ‘housing for all’ initiative by the government, and the implementation of the upcoming Goods and Services Tax (GST) will further streamline the real estate segment in India. GST is designed to encourage transparency and ease of doing business in the realty sector, but Read More
Correction is real estate prices is unlikely: Kamal Khetan
Kamal Khetan, chairman & managing director, Sunteck Realty, tells Ateeq Shaikh why property prices will not decrease and stagnancy in the real estate prices in itself is a dip in the rates. He also shares his views on MahaRERA (Real Estate Regulation Act) and why his company will not venture outside Mumbai Metropolitan Region. What’s the situation in real estate Read More
Raj govt orders compulsory registration of real estate
projects on RERA website Jaipur, Jun 1 (PTI) The Rajasthan government today made it compulsory for all real estate projects and agents in the state to register on the official website of the Real Estate Regulations and Development Act (RERA). The website was launched by Chief Minister Vasundhara Raje here today. The website www.rera-rajasthan.in will make the people aware Read More