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'PE inflow in realty up 40% to Rs 3,840 cr in Q1' 'PE inflow in realty up 40% to Rs 3,840 cr in Q1'

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.

Real estate woes: Noida authority asks builders to create exit plan or allocate alternate housing Real estate woes: Noida authority asks builders to create exit plan or allocate alternate housing

Buyers of Noida sector 107 had approached the Noida authority stating immense delay in delivery of project.

Delhi-NCR stuck with highest unsold housing inventory: Report Delhi-NCR stuck with highest unsold housing inventory: Report

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.

 Now cook your food in 'Tata Kitchen': All you must know! Now cook your food in 'Tata Kitchen': All you must know!

After delivering a variety of products ranging from salt to automobiles, Tata Group is coming up with the latest innovation – a modular kitchen.

2,508 cities selected under PM's scheme for affordable housing 2,508 cities selected under PM's scheme for affordable housing

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.

Real estate developers to land in trouble for taking consumers 'for a ride' Real estate developers to land in trouble for taking consumers 'for a ride'

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.

Real Estate Act comes into force; how it will protect interests of home buyers Real Estate Act comes into force; how it will protect interests of home buyers

Know how the Real Estate Act will protect interests of home buyers.

 

Indiabulls Real Estate cuts debt by 16% to Rs 4,617 crore in FY16 Indiabulls Real Estate cuts debt by 16% to Rs 4,617 crore in FY16

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 buys 49% stake in its arm Happy Highrises Realty firm Godrej Properties buys 49% stake in its arm Happy Highrises

Realty firm Godrej Properties has acquired 49 per cent stake in its subsidiary Happy Highrises from Karelides Traders for Rs 248.50 crore.

Real Estate Bill comes into force today Real Estate Bill comes into force today

The Real Estate (Regulation and Development) Act, 2016 has been notified and will come into force from May 1, 2016. 

Housing demand may pick up in next six months: Knight Frank Housing demand may pick up in next six months: Knight Frank

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.

Housing prices rose during Oct-Dec quarter of 2015-16: RBI

The latest Reserve Bank of India data released on Thursday states that housing prices rose during Oct-Dec quarter of 2015-16.

40 cities to be selected in second round of smart city project: Govt 40 cities to be selected in second round of smart city project: Govt

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.

HDFC to raise Rs 500 crore by issuing bonds to finance housing biz HDFC to raise Rs 500 crore by issuing bonds to finance housing biz

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 office space leasing down 11% in Delhi-NCR during Jan-Mar Net office space leasing down 11% in Delhi-NCR during Jan-Mar

 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.

JLL sells properties worth Rs 30 cr during online home fest JLL sells properties worth Rs 30 cr during online home fest

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 freezed, Bapat denies any link with builder Bank accounts of Maple freezed, Bapat denies any link with builder

Bank accounts of Maple group, booked on charges of cheating people with a misleading ad of a low cost housing scheme, have been frozen.

Office space demand rises 19% in Jan-March quarter Office space demand rises 19% in Jan-March quarter

 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.

Gaursons faces residents' heat for Noida township Gaursons faces residents' heat for Noida township

After Amrapali, real estate firm Gaursons is now facing protest from residents of its township project here over maintenance-related issues.

 

Ratan Tata backed NestAway raises $30 mn from Tiger, Yuri Milner, IDG Ratan Tata backed NestAway raises $30 mn from Tiger, Yuri Milner, IDG

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