Adani Capital, the NBFC arm of the Adani Group, will invest Rs 50 crore in PRA Realty's project in Pune.
Mumbai is the most expensive city for expatriates in India and is ranked higher than major global cities such as Paris, Canberra, Seattle and Vienna, says a report.
The government on Thursday asked builders to pass on the benefit of lower tax under the GST system to buyers by reducing prices and instalments, otherwise the action will be violative of the anti-profiteering clause.
Realty major DLF's total rental income will rise by 12 percent to about Rs 2,900 crore this fiscal on better realisation from existing commercial assets and addition of new properties in Chennai and Delhi.
The real estate project launches in Mumbai dropped by 24 percent in the first quarter of 2017, a recent survey said.
Office space leasing by IT and ITeS companies rose by 10 percent last year at 16.81 million sq ft with Bengaluru and Hyderabad absorbing more than 50 per cent of this space, according to JLL India.
RG group has raised Rs 170 crore from a private equity firm for its housing project in Noida and clear dues to the development authority.
In what can make new home loans cheaper, the Reserve Bank on Tuesday reduced the standard assets provisions on individual housing loans to 0.25 per cent and also lowered the risk weights on such lending.
Piramal Enterprises on Wednesday said it has provided Rs 1,100 crore funds to real estate firm Embassy group for development of housing and commercial projects in Bengaluru, Chennai and Hyderabad.
Paytm founder Vijay Shekhar Sharma is buying a bungalow in the country's most expensive residential area –Lutyens Bungalow Zone in Delhi.
Realty firm Omaxe Ltd's sales bookings fell 43 percent to Rs 946 crore in the last fiscal due to lower volume as well as sales realisation.
In its efforts towards going digital and engaging with customers closely by providing access on-the-go, Home Credit India, one of India`s leading NBFC, has launched its mobile app.
Housing sector witnessed 8 percent decline in new launches to 1,08,200 units in eight top cities during the last fiscal, mainly due to new real estate law and poor sales post demonetisation, according to a report.
Hotel Leelaventure on Friday said it is in discussions to sell Leela Palace Chennai but has not signed any pact for the sale.
The provision of input tax credit in the upcoming GST tax regime, scheduled to roll out from July 1 this year, will be beneficial for the construction and infrastructure sector, according to a study.
As part of greenfield expansion outside India, country's largest mortgage lender HDFC Ltd has acquired a 15 per cent stake in Tanzania's First Housing Finance for USD 1.5 million.
The real estate sector is facing a multi-year slowdown due to poor demand because of high prices.
Mumbai, Delhi and seven other Indian cities have featured in the list of 300 global cities for being in the focus of commercial activity and interest, according to property consultant JLL.
Prices for real estate in Paris are set to reach new records this summer, as buyers -- many of them Britons -- scramble to get their hands flats in the French capital`s most well-heeled districts, a survey of notaries showed on Tuesday.
Realty major DLF's net sales bookings fell sharply by 63 percent to Rs 1,160 crore during the last fiscal due to demand slowdown in the property market.