Real estate developers are coming up with world-class designs and are attracting buyers from across the globe. The advent of new technologies has improved our lives in every respect. These technologies are also playing a key role in changing the scenario of real estate, including the ‘luxury segment’. Currently, the luxury real estate sector in India is undergoing a colossal Read More

Singapore/Mumbai: India and SouthEast Asia focused private equity firm Everstone sees real estate lending as a big opportunity in the current scenario and is evaluating setting up a credit fund to lend to the real estate sector in India, a senior executive told Mint. Founded in 2006 by Atul Kapur and Sameer Sain, Everstone today has a team of over 260 experienced professionals across various geographies, Read More

The government finally took note of the economic slowdown that has not only hit earnings, but also dragged the market to multi-month lows since June. Nifty itself corrected more than 1,400 points from record high touched in early June. However, that downside was controlled and the market has turned rangebound for around a month now, thanks to the government starting Read More

Mumbai: Little known Altico Capital became a talking point on Thursday, after the company said it missed interest payment of around Rs 20 crore on a loan from Dubai-based Mashreq Bank. This latest default by a non-banking finance company, when the sector is going through a liquidity crisis, has led to fears of the contagion spreading wider. Formed in January 2004, Altico Read More

The real estate sector in India has evolved at a rapid pace over the past few years. The government has projected that India shall become a USD $5 trillion economy by 2024-25. For the real estate and construction sectors, there have been numerous challenges, from stressed demand-supply ratio, to the financial health of companies, especially as the sector’s compliance to Read More

New Delhi: The real estate sector relief expected this week may include solutions for stalled housing projects for the stressed home buyers where projects could not be completed due to funding issues, official sources said, There have been demand for as stress fund to deal with stalled projects and bail out lakhs of stuck homebuyers from both home buyers and Read More

It is highly possible that the government would announce some measures for the real estate and auto sector in the coming weeks. Both these sectors generate a lot of employment and would definitely need some kind of relief measures. A million contractual manufacturing jobs are at risk due to the consumption slowdown, Society of Indian Automobile Manufacturers (SIAM) President Rajan Read More

Aditya Birla Sun Life AMC (ABSLAMC) is a joint venture between Aditya Birla Capital and Sun Life (India) AMC Investments. FE could not immediately ascertain which entity would be providing the exit. Unable to find investors at a mutually acceptable valuation to liquidate the Aditya Birla Real Estate Fund-I, managed by Aditya Birla Sun Life AMC, has now informed investors Read More

The most anticipated part of every real estate transaction is being done with it. Every seller looks forward to the moment of closing: the period where all involved parties put a bow on the sale and the keys get handed over to the happy new owners. The closing is by nature the most complicated part of the proceedings. The task Read More

In the recent past, housing demand in the country has been on an all-time high, helping with the swift comeback of residential real estate. Residential real estate, for a very long time, has been the subject of discussion with regard to its value and business output in India. Usually favoured by several big developers across the country as a ‘robust Read More