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Mutual funds can now invest in REITs, InvITs: Sebi

Mutual funds can now invest in REITs, InvITs: Sebi

To make real estate and infrastructure investment trusts more attractive for investors, regulator Sebi has notified norms allowing mutual funds to invest their money in such entities.

DLF net debt up 5.43% to Rs 24,397 crore on lower sales

DLF net debt up 5.43% to Rs 24,397 crore on lower sales

Realty major DLF's net debt rose by Rs 1,257 crore to Rs 24,397 crore in the third quarter of the current fiscal as its cash-flows were hit due to fall in housing sales amid negative sentiment in the property market post demonetisation.

Delhi govt clears 6,178 Economically Weaker Section flats

Delhi govt clears 6,178 Economically Weaker Section flats

Delhi Urban Shelter Improvement Board today approved a proposal to construct 6,178 flats for economically weaker section (EWS) in Lajpat Nagar, Bhalaswa, Dev Nagar, Mangolpuri and Ambedkar Nagar.

Economic Survey 2017 pitches for bringing land, real estate under GST

Economic Survey 2017 pitches for bringing land, real estate under GST

Calling Goods and Services Tax (GST) a bold new experiment, the pre-Budget Economic Survey Tuesday pitched for including land and other immovable property - the key source of black money creation - in the indirect tax regime to help propel GDP growth to 8-10 percent.

Moody's downgrades Lodha Developer's ratings

Moody's downgrades Lodha Developer's ratings

The corporate family rating of city-based realty firm Lodha Developers (LDPL) has been downgraded by global ratings agency Moody's Investors Service to B2 from B1, citing reasons of weak liquidity position and high refinancing risk for such rating.

Total PE into real estate jumps 62% to Rs 38,000 cr in 2016

Total PE into real estate jumps 62% to Rs 38,000 cr in 2016

Private equity inflows into the country's real estate sector surged 62 percent to Rs 38,000 crore, during 2016, largely helped by Parliament's clearance of two significant legislations -- Real Estate (Regulation and Development) Bill and GST.

Smart City: Government to add 40 more towns to list, says Naidu

Smart City: Government to add 40 more towns to list, says Naidu

The government on Wednesday informed that it would adding 40 more towns to list of Smart Cities in the country thereby taking the total number to 100.

Govt to take strict actions on anonymous properties

Govt to take strict actions on anonymous properties. Watch this special segment and get to know more here.

Property Plus : A system which can sense, identify and warn for earthquake

A system which can sense, identify and warn for earthquake. Watch complete news story of Property Plus to get the detailed news updates!

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.

Centre grants Rs 160 crore to Uttar Pradesh to construct houses for urban poor

Centre grants Rs 160 crore to Uttar Pradesh to construct houses for urban poor

The Centre has granted Rs 160 crore to Uttar Pradesh to construct houses for its urban poor, an official statement said on Wednesday.

  Court refuses to quash summons against Unitech MDs, Directors

Court refuses to quash summons against Unitech MDs, Directors

In the three cheating cases lodged by investors in their housing projects, a city court has refused to quash the summons against the top bosses of Unitech Ltd, a prominent realty player.

 DLF promoters receive offers for Rs 14,000 crore stake sale in rental business

DLF promoters receive offers for Rs 14,000 crore stake sale in rental business

Promoters of the major real estate player DLF have received offers from two investors for selling their 40 pecent stake in rental business. As per reports, the deal maybe signed in the next quarter. 

 'Urban Housing demand estimated at 41.56 lakh units in top cities till 2020'

'Urban Housing demand estimated at 41.56 lakh units in top cities till 2020'

In the top eight cities across the country, housing demand is set for a fillip. As per a report released by Cushman & Wakefield and GRI 'Revitalising Indian Real Estate: A new era of growth and investment' urban housing demand is estimated at 41.56 lakh units till 2020, as against the expected supply of 10.23 lakh units.

Government likely to slash  taxman's powers, lower stamp duty

Government likely to slash taxman's powers, lower stamp duty

Tightening the noose further around black economy, the government may abolish discretionary powers of tax officers in deciding liabilities for evasion, said NITI Aayog Vice-Chairman Arvind Panagariya.

Housing demand at 4.2 mn in top 8 cities in 5 years: Report

Housing demand at 4.2 mn in top 8 cities in 5 years: Report

Total demand for urban housing is estimated at 4.2 million units during the period 2016-2020 across the top eight cities, according to a report.

Housing prices unlikely to come down in primary market post demonetisation: CREDAI

Housing prices unlikely to come down in primary market post demonetisation: CREDAI

Credai, the realtor's body, on Saturday said that housing prices unlikely to come down in primary market post demonetisation since rates are already at the lowest level.

Indiabulls Housing Finance raises Rs 500 crore via NCDs on private placement basis

Indiabulls Housing Finance raises Rs 500 crore via NCDs on private placement basis

Indiabulls Housing Finance Ltd has raised Rs 500 crore by issuing debentures on a private placement basis.

'Bengaluru, Mumbai top realty investment spots in APAC'

As per a report, Bengaluru and Mumbai are all set to be top two realty investment spots for 2017 in the Asia-Pacific (APAC) region, says a report.

Indiabulls Real Estate to buyback up to 6 crore shares for Rs 540 crore

Indiabulls Real Estate to buyback up to 6 crore shares for Rs 540 crore

Indiabulls Real Estate on Thursday announced buy-back of up to six crore equity shares of the company for Rs 540 crore.