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Realty hit hard by demonetisation, awaits 'white money' buyers

Realty hit hard by demonetisation, awaits 'white money' buyers

Property market, long considered a black money safe haven, seems to have taken a big hit from demonetisation, with developers seeing their sales drop by about 50 percent in the last three months and now pinning their hopes on buyers coming to market with 'white money'.

Tata Housing sells 50 flats in Goa for Rs 40 crore in 3 days

Tata Housing sells 50 flats in Goa for Rs 40 crore in 3 days

Realty firm Tata Housing has sold 50 housing units in Goa in three days for about Rs 40 crore, bucking the overall sluggish trend in property market.

Note ban to hit resale property market, small builders

Note ban to hit resale property market, small builders

Unorganised builders and secondary (resale) property market would be adversely impacted following the government's decision to demonetise Rs 1,000 and Rs 500 notes with effect from midnight, according to real estate developers and consultants.

JLL launches online home fest; offers flats at 5-8% discount

JLL launches online home fest; offers flats at 5-8% discount

Online sale would showcase residential properties across 96 projects by 64 developers in 15 cities.

Unitech achieves Rs 524 cr sales booking in April-September

Realty firm Unitech's sales bookings remained flat at Rs 524 crore in the first six months of this financial year due to demand slowdwon in the property market.

Housing finance companies gain as much as 9.3% on RBI move

RBI said that banks can now provide loans up to 90 percent for properties that cost Rs 30 lakh or below.

Indian Property Show starts in Dubai

The three-day show will witness three regional pavilions alongside a special CREDAI Maharashtra pavilion with properties from Pune, Nashik, Nagpur and other cities of Maharashtra.

Realty stocks sink, Unitech crashes 52%

Shares of Unitech nosedived 51.63 percent to Rs 6.50 its 52-week low at the BSE.

Rupert Murdoch backed PropTiger acquires Makaan.Com

PropTiger's parent firm, Elara Technologies said it has entered into a transaction with Makaan.Com Pvt Ltd, owner of the site.

Property market to improve by March 2016: Fitch

"The property development sector (will) be a key beneficiary of reductions in housing loan interest rates by several domestic banks in April 2015," the agency said.

Housing prices in prime locations of Delhi dips by up to 20%

Housing prices in many prime colonies of the national capital have declined by up to 20 percent since 2013 but the rates were stable in Gurgaon and Noida, according to property consultant JLL India.

Wave City Center organises an investor forum

Wave City Center on Sunday organised an Investors Forum to boost investor confidence in the real estate sector.

Hike in circle rates in Delhi to hit housing demand

Increase in circle rates by up to 20 percent in the national capital could further dampen investor sentiment and affect housing market, according to global property consultants.

Housing sales drop by 37% in NCR during Jan-June

Launches of new homes in NCR fell by nearly 43 percent at 35,500 units during January-June 2014.

Housing sales in Hyderabad fall by 4% in 2013

New launches in Hyderabad have also fallen by 15 percent to 16,200 units in 2013.

Tata Housing sells 250 flats for Rs 100 cr via online campaign

Tata Housing on Thursday said it has sold 250 flats worth about Rs 100 crore in five housing projects during its four-day online campaign, despite a slowdown in the property market.

'Repo rate hike to hit property market'

Realty firms hoped however that this would be the last round of monetary tightening by the central bank.

Retail space supply in malls up by 78% in 2013: CBRE

Retail space supply in shopping malls grew by 78 percent during 2013 to 4.7 million sq ft in seven major cities.

Sobha's Q3 sales bookings fall by 6% to Rs 502 crore

Realty firm Sobha Developers' sales bookings fell by 6 percent in the third quarter ended December 2013 to Rs 502.3 crore due to lower sales volumes because of a slowdown in the real estate market.

PE investment in realty up 26% at Rs 4,716 cr during Jan-Sept

The global realty consultant attributed the rise in PE investments to increased attraction of institutional investors towards leased income generating office buildings.