Category Archives: Real Estate

Share market update: Realty shares fall; Indiabulls Real Estate slumps 3%

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


PEs ditch residential projects for commercial real estate

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


Piramal Capital will look at new real estate deals from April: MD Khushru Jijina

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


That Sinking Feeling: Real Estate In The Age Of Climate Change

Most people think of the arctic as remote – a wasteland inhabited by polar bears (true) and penguins (untrue) – with little relevance to their daily lives. Most people are wrong. While the arctic may be distant for us geographically, what happens there has an enormous effect on us, no matter where we live. The last remaining house on what Read More


Commercial real-estate is on the up and up, with new hotspots emerging

A growing workforce, slowing residential market, and decentralisation of commercial space in the prime metros, are among the factors that have contributed to steady growth in the office space segment over the past decade. Despite realty overall being sluggish in the last two years, the office segment has continued to grow. Developers and analysts see the growth continuing, with newer Read More


Century real estate in talks to raise Rs 250 crore for home project

Bengaluru: Century Real Estate Holdings is in talks with Piramal Ivanhoe Residential Equity Fund to raise funds for an upcoming residential project in a deal valued at ₹250 crore. The Bengaluru-headquartered developer plans to build a high-end residential project on a 10-acre land parcel it owns in the central business district in the city. “The deal is likely to be a structured Read More


GST rates on real estate slashed to boost key sector

Arun Jaitley(REUTERS FILE PHOTO) The Goods and Services Tax Council decided on Sunday to cut the tax on under-construction houses to 1% for properties valued up to ₹45 lakh and to 5% for those in the premium segment in order to boost the troubled real estate sector and provide relief to aspiring homebuyers. The rates will be brought down from Read More


Indian real estate will power Indian economy into the ‘big league’

Globally, real estate development is an important parameter to measure economic growth. If one just looks at the demand for homes in India, the growth potential is huge. Initiatives by the government, including ‘Housing for All by 2022’ offer major growth potential not just for the sector, but also for economic development and GDP growth. Indian real estate is the engine Read More


GST rate cut will be good for real estate, homebuyers: Developers

The GST rate cuts are proposed to be accompanied by denial of input tax credit to builders. A group of ministers (GoM), led by Gujarat Deputy CM Nitinbhai Patel, has recently recommended 5% GST (goods and services tax) for under construction properties and 3% GST for affordable housing, which has been welcomed by both industry experts as well as property Read More


How the big divorce will impact Indian investments in UK real estate

v The doomsayers are having a field day with predicting that Brexit will cause the UK real estate market to dry up and blow away. In India, we are quite used to gleeful prophecies of doom regarding real estate and take them with a healthy pinch of salt. No doubt, every change involves disruption and confusion in the beginning. In Read More