New Delhi: Private equity (PE) investment in real estate sector rose by 40 percent to Rs 3,840 crore in the first quarter this year as developers raised funds to meet construction cost and refinance loans, says a report.
Buyers of Noida sector 107 had approached the Noida authority stating immense delay in delivery of project.
Inventory of residential premises and commercial estates has risen between 18-40 per cent in different cities with maximum unsold stock lying in Delhi-NCR, creating a drag on linked sectors like financial services and steel, a report said on Thursday.
After delivering a variety of products ranging from salt to automobiles, Tata Group is coming up with the latest innovation – a modular kitchen.
As many as 2,508 cities in 26 states have been selected under 'Pradhan Mantri Awas Yojana' for providing affordable houses to the urban poor, the Lok Sabha was informed on Wednesday.
Zee Media Bureau
New Delhi: The Real Estate Bill is set to rein in dodgy builders who do not deliver on promises or cheat buyers.
Know how the Real Estate Act will protect interests of home buyers.
Indiabulls Real Estate has reduced its net debt by 16 percent to Rs 4,617 crore during the last fiscal, helped by positive operating cash-flow.
Realty firm Godrej Properties has acquired 49 per cent stake in its subsidiary Happy Highrises from Karelides Traders for Rs 248.50 crore.
The Real Estate (Regulation and Development) Act, 2016 has been notified and will come into force from May 1, 2016.
Housing demand is expected to pick up in next six months as sentiments have improved after the government announced tax incentives to the real estate sector in this year's budget, according to a survey.
The latest Reserve Bank of India data released on Thursday states that housing prices rose during Oct-Dec quarter of 2015-16.
Forty cities will be selected for the second phase of the Smart City Mission, which is likely to be announced by June, Rajya Sabha was told on Thursday.
To cater to housing finance needs, India's largest mortgage lender HDFC today said it will raise Rs 500 crore by issuing bonds on a private placement basis.
Net absorption of office space fell by 11 percent in Delhi-NCR to over 7 lakh sq ft during January-March with corporates focusing on consolidation and relocation, according to a report by Cushman & Wakefield.
Property consultant JLL India, which recently forayed into e-commerce segment to market flats, today said it has closed deals worth Rs 30 crore during its online home festival.
Bank accounts of Maple group, booked on charges of cheating people with a misleading ad of a low cost housing scheme, have been frozen.
Demand for office space rose 19 percent to 11.7 million sq ft in eight major cities during the first quarter this year, according to property consultant Cushman & Wakefield.
After Amrapali, real estate firm Gaursons is now facing protest from residents of its township project here over maintenance-related issues.
Ratan Tata-backed home rental company NestAway Technologies has raised around USD 30 million (around 200 crore) in a Series C financing led by Tiger Global, Russian billionaire Yuri Milner and IDG Ventures India