real estate

Centre to take over management of Unitech in consumer interest

NCLT has directed government to submit the 10 names by December 20.

Dec 09, 2017, 15:06 PM IST
NCLT suspends Unitech directors, allows govt to appoint 10 nominees

NCLT suspends Unitech directors, allows govt to appoint 10 nominees

Unitech owes Rs 723 crore to 51,000 fixed deposit holders.

Dec 08, 2017, 15:25 PM IST
Unsold housing units fall to 6.85 lakh across 7 cities

Unsold housing units fall to 6.85 lakh across 7 cities

The national capital region (Delhi-NCR) has the maximum unsold units at 2 lakh, although the number has declined by 12,000 units from the September quarter of 2016 calendar year.

Nov 26, 2017, 12:03 PM IST
Will takes longer time to include real estate in GST: Sushil Modi

Will takes longer time to include real estate in GST: Sushil Modi

GST rates of 178 items were recently reduced from 28 percent.

Nov 25, 2017, 17:32 PM IST
'Lower rates, discounts to bring fence-sitting buyers in market'

'Lower rates, discounts to bring fence-sitting buyers in market'

It is frequently said that buyers may also be waiting for lower interest rates on home loans, especially in the affordable housing segment, he noted.

Oct 29, 2017, 10:50 AM IST
`Realty sector to continue to face headwinds in near-term'

`Realty sector to continue to face headwinds in near-term'

He further said the industry faces demand headwinds on account of subdued macro-economic environment and consumer sentiment.

Oct 23, 2017, 20:38 PM IST
Housing demand remains subdued, affordable segment to drive future growth

Housing demand remains subdued, affordable segment to drive future growth

To tap the investment sentiments associated with the festive season and counter the subdued markets, developers have started offering innovative marketing schemes aimed at increasing the sales of unsold properties.

Oct 17, 2017, 13:30 PM IST
Govt to discuss bringing real estate under GST in November: Jaitley

Govt to discuss bringing real estate under GST in November: Jaitley

The matter will be discussed in the next meeting of the GST, which will be held on November 9, in Guwahati, Jaitley said.

Oct 12, 2017, 09:11 AM IST
Office space leasing feels demand pinch, falls 7% in Jan-Sep

Office space leasing feels demand pinch, falls 7% in Jan-Sep

However, the consultant has predicted that office leasing will remain stable at 32 million sq ft in 2017 on strong demand for commercial space during the fourth quarter.

Oct 02, 2017, 12:24 PM IST
L&T Construction bags orders worth Rs 2,170 crore

L&T Construction bags orders worth Rs 2,170 crore

L&T Construction has bagged orders worth Rs 2,170 crore across business segments, the company said in a BSE filing.

Sep 27, 2017, 16:20 PM IST
Piramal Finance enters into housing finance segment

Piramal Finance enters into housing finance segment

The company will initially focus on a product roll out across all major metro cities, and thereafter, seek to establish a pan-India presence, including tier 2-3 towns and cities.

Sep 27, 2017, 15:40 PM IST
Reliance Home Finance to list on stock exchanges on Friday

Reliance Home Finance to list on stock exchanges on Friday

All shareholders of Reliance Capital have already received one free share of Reliance Home Finance for every share held in Reliance Capital as on record date -- September 6.

Sep 20, 2017, 18:59 PM IST
Brick Eagle Capital raises Rs 100 crore for affordable housing

Brick Eagle Capital raises Rs 100 crore for affordable housing

Brick Eagle aims to raise Rs 500 crore for facilitating development of 50,000 homes for low-income families as well as generating good returns for its investors.

Sep 18, 2017, 16:17 PM IST
'Mumbaikars can save Rs 4,600 crore annually by staying at right location'

'Mumbaikars can save Rs 4,600 crore annually by staying at right location'

"The financial capital of the country can significantly improve its commuting woes if its people start living in the right location that best suits their working requirements," the report said.

Sep 17, 2017, 10:54 AM IST
Indiabulls Real Estate buys 13,519 sq meter land in Gurugram

Indiabulls Real Estate buys 13,519 sq meter land in Gurugram

Indiabulls Real Estate has acquired a 13,519 square meter land in Gurugram for an undisclosed amount to a develop commercial complex on the plot.

Sep 11, 2017, 23:19 PM IST
India among top 10 price appreciating housing markets: Report

India among top 10 price appreciating housing markets: Report

According to Knight Frank's Frank Global House Price Index, India stood ninth among 55 international markets - 13 spots above its position on the index over April-June 2016.

Sep 07, 2017, 19:57 PM IST
62% of new launches in H1 2017 in affordable housing segment: Report

62% of new launches in H1 2017 in affordable housing segment: Report

As many as 62 percent of the new launches during January-June 2017 period were in the affordable housing segment, a recent survey revealed.

Sep 07, 2017, 16:33 PM IST
SC asks Bombay HC to expeditiously decide pleas challenging RERA validity

SC asks Bombay HC to expeditiously decide pleas challenging RERA validity

The apex court also asked other High Courts, where pleas against validity of RERA are pending, to await the decision of Bombay High Court.

Sep 04, 2017, 13:42 PM IST

Panacea promoters may demerge real estate biz into separate companies

Drug firm Panacea Biotec Wednesday said its promoters have entered into a family agreement under which they plan to demerge the company's real estate business into a separate firm to be later listed on bourses.

Aug 30, 2017, 16:34 PM IST
ANAROCK Property acquires realty consulting firm Redwoods

ANAROCK Property acquires realty consulting firm Redwoods

ANAROCK Property Consultants has acquired real estate broking firm LJ Hooker's India business Redwoods as part of its strategy to provide integrated real estate solutions to clients.
The size of the deal is however not known.

Aug 30, 2017, 15:42 PM IST