Category Archives: Real Estate

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


Now NBFCs are dreading bankruptcies in the real estate sector

Blinded by falling funding costs, NBFCs raised their exposure to property firms by 46% over 3 years even as banks have been extremely cautious. Just a year ago, India’s third-largest mortgage lender was bragging about how it had shrunk its financing costs by replacing bank loans with market borrowings. Now, Dewan Housing Finance Corp. is confronting the fallout of that Read More


Real estate firm penalised for breaking pact

The District Consumer Redressal forum has asked Nature Farms and Real Estates Private Limited to refund Rs 3,16,924 along with 12 per cent interest and pay Rs 3,962 per month from August 20, 2015, to July 20, 2019, as lease amount and Rs 30,000 as compensation and litigation expenses to a city-based resident for failing to give timely possession of Read More


Budget 2019: What real estate body NAREDCO thinks is the best way to revive the sector

The Indian residential real estate industry is in distress. Bankruptcy, diversion of funds, delayed deliveries, and projects not taking off at all have hurt homebuyers like never before. Industry body the National Real Estate Development Council (NAREDCO), in its pre-Budget memorandum says that “as an industry, we do realise that there can be good developers and bad developers. The idea Read More


‘Real estate mafia responsible for destruction of envt’

Legislative council former chairman B L Shankar said that the real estate mafia is responsible for the destruction of the Western Ghats and farming activities have not harmed the nature. Speaking at a session on challenges on entrepreneurship and employment generation in the district, at the Zilla Kannada Sahitya Sammelana, on Saturday, he said, “Forest Department officials are responsible for Read More


Real estate outlook: 6 trends that may shape the property market in 2019

Divya Seth Maggu Moneycontrol Contributor The Indian real estate sector has been evolving over the past few years. It has witnessed both flux as well as growth and this is likely to be the trend in 2019 as well. Owing to numerous reforms introduced, the sector has gone through changes in the tax, regulatory as well as the business environment. Read More


What To Expect For Real Estate Sector In Budget. Here’s A List

Union Budget 2019: The real estate sector has faced a slack in the recent past The government is due to present Interim Budget 2019 in Parliament on February 1. For the real estate sector, a slowdown in demand across segments has highlighted many challenges ahead. The real estate sector – which relies highly on borrowings – has faced a slack in the Read More


2018 Rear View Mirror: 2019 Has Strong Growth in Cards For Real Estate

According to a joint report by CREDAI and JLL, India’s real estate sector is projected to reach $180 billion by 2020 from $126 billion in 2015. As the growth trajectory looks strong, let’s take a look at how 2018 ushered the massive structural changes in, and what 2019 looks like for Indian real estate. 2018: The Year of Change The Read More


Real estate sector turns corner; housing sales surge 6% in 8 major cities

Housing sales rose 6% in calendar year 2018 in eight major cities as developers reduced prices and offered indirect  discounts to lure customers, property consultant Knight Frank India has said in its latest report. Sale of residential units increased in six cities — Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad and Ahmedabad — but declined in two cities — Kolkata and Pune. Read More


Airport Authority Threatens To Seize Sahara’s Mumbai Hotel

Hotel Sahara Star is located on 30,047 sq. meters on the Western Express Highway. Mumbai: In yet another blow to the beleaguered Sahara Group, the Airports Authority of India (AAI) has terminated the lease of the posh Hotel Sahara Star and threatened on Friday to seize the prime property situated outside Mumbai Airport. The AAI Western Region (AAI-WR) slapped a notice Read More