Category Archives: Real Estate

Three ways to maximise your return from real estate investment

Flats in the affordable segment offer better rental yields as compared to mid-level or luxury segment. Representative image New Delhi: Real estate, which was one of the most preferred asset class of Indians so far as long term investment is concerned, has delivered a negative return in most of the Indian cities in past few years due to multiple reasons Read More


Real estate sector has potential of 294 mn sq ft REITable office space

The Indian commercial real estate market is expected to provide 294 million sq ft of REITable space which would be valued at $35 billion, says a report. IT/IT-SEZ office space to dominate REITable assets across the country. With large and quality IT spaces occupied by prominent global players, Bengaluru will be the most favoured city for REITable assets. Presence of single-ownership Read More


Indiabulls Real Estate to sell London asset to promoters for Rs 1,800 cr

Indiabulls Real Estate will sell its London property to promoters for GBP 200 million (approximately Rs 1,800 crore) as part of its strategy to focus on its India business and cut debt. The company’s net debt stood at Rs 4,590 crore at the end of the fourth quarter of 2018-19 fiscal and the same would be reduced to Rs 3,000 crore Read More


HOW THE RIGHT REAL ESTATE CAN CHANGE EVERYTHING

Real estate can challenge even the most optimistic souls. Browsing Zillow can be fun, but when it’s your business, the stakes are a little higher—production, fulfillment, sanity. Designer Bridgett Cochran and artist Kelly Porter, co-founders of the artisan wallcovering and fabrics studio Porter Teleo, found themselves at that pivotal point. “We had outgrown our space and started to look for a new one Read More


Birla Estates launches residential realty project

Bengaluru: Birla Estates Pvt. Ltd, part of BK Birla Group, has ventured into residential property development with its first project launch in Kalyan, in suburban Mumbai. With a focus on premium housing projects, the firm also plans to build homes in Pune, Bengaluru and the National Capital Region (NCR), said a top company executive. The Kalyan project, Birla Vanya, which has Read More


Share market update: Realty shares advance; Indiabulls Real Estate surges 9%

NEW DELHI: Realty shares were trading with gains in Wednesday’s morning session. Shares of Indiabulls Real Estate (up 9.01 per cent), Oberoi RealtyNSE 4.26 % (up 4.20 per cent), Godrej PropertiesNSE 3.05 % (up 3.30 per cent) and Sunteck Realty (up 2.10 per cent) were trading with gains. Sobha (up 1.21 per cent), DLF (up 0.93 per cent), Phoenix Mills (up 0.91 per cent) Read More


Raymond forays into real estate business with Rs 1.5 crore flats and adjoining school in Thane

Picture used for representational purpose only THANE: The Raymond group has announced its foray into the real estate sector and launched its debut project, a residential complex spread over 14 acres of its vast industrial land at Pokhran in Thane on Wednesday. Gautam Singhania, chairman and managing director of Raymond Ltd, said the project will house 3,000 residential units across 10 towers of Read More


Axis AMC raises ₹400 crore maiden real estate fund

Bengaluru: Axis Asset Management Company (AMC), a unit of Axis Bank, has concluded raising its maiden real estate fund — Axis RERA Opportunities Fund-I — with commitments of over₹400 crore, the company said on Tuesday. Investors include domestic institutions, high networth individuals and the sponsor, Axis AMC. The fund is targeting investments through the structured debt route in top eight cities, Read More


RBI repo rate cut to revive consumer spending, boost real estate market: Experts

After a cut in GST rates for real estate, the repo rate cut of 25 basis points is a big boost to the sector, experts said. “The real estate sector has been looking forward to such stimuli to boost sales velocity,” Shishir Baijal, Chairman & Managing Director, Knight Frank India told Moneycontrol. The Reserve Bank of India has also formed Read More


How much tax do you need to pay for your gold and real estate investments?

The two physical asset classes of real estate and gold have for long been considered safe havens by Indian investors, and are usually a very large chunk of portfolios. But over the past few years, returns from them have been poor to negative. While financial products are gaining ground with investors, real estate and gold continue to hold strong. In Read More