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ATS group forms Joint venture with Logix to develop new project at Noida

Realty firms ATS Infrastructure has formed a joint venture with another developer  Logix group to develop a mixed-use project in Noida.

$10 billion investment in realty since last year despite slowdown

$10 billion investment in realty since last year despite slowdown

Real estate sector has witnessed an investment of about USD 10 billion since 2015, the highest in last seven years, mostly in debt form that poses a high refinancing risk if housing sales remain slow, the Economic Survey said Friday.

DLF's debt rises by over 900 crore to Rs 22,520 crore

India's largest realty firm DLF's net debt has increased by Rs 922 crore during the quarter ended September to Rs 22,520 crore.

Tata Housing sells 250 flats in Goa worth Rs 100 crore

Tata Housing sells 250 flats in Goa worth Rs 100 crore

The company is developing 600 apartments in this 5-acre project, which was launched recently on Facebook. The prices are in the range of Rs 30-70 lakh.

Housing.Com appoints Mani Rangarajan as CFO

Mani has held executive level roles in companies such as Citigroup and Yahoo. He has also been involved with several start-ups in India in advisory roles, the SoftBank-backed portal said.

Unitech raises Rs 70 cr from Piramal group for Chennai project

"We plan to raise Rs 150-200 crore funding through private equity and structured financing to meet working capital needs of our ongoing projects," Chandra had said.

Unitech brushes off rumours about default in debt repayment

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

Rate cut to spur housing demand: Realty firms

They sought further cut in interest rates as well as policy reforms for the growth of realty sector, which is facing a huge demand slowdown in last few years.

HDIL Q4 net profit down 72% at Rs 31.89cr

Total income rose to Rs 1,083.12 crore in the last fiscal as against Rs 953.64 crore in 2013-14 fiscal.

Festive season fails to bring cheers for real estate

Festive season is generally considered as the most important time for the realty sector as it records the highest number of sales, which is nearly 20-25 per cent more than non-festive period.

Parsvnath sells 140 acres of land to Supertech for Rs 665 cr

With this deal, Kotak Realty Fund has exited this township project. It had invested Rs 110 crore in the project in 2012.

CBRE seeks stamp duty waiver on commercial assets under REITs

The authorities would do well to follow the example set by Singapore, which waives stamp duty on REIT property transactions for five years after their listing, it added.

BSE forms 11-member advisory group on REITs

According to the realty industry players, REITs can attract a whopping USD 10 billion foreign funds into the sector.

'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.

Unitech Q2 net profit down 48% at Rs 25.57 cr

Realty firm Unitech on Thursday reported 48 percent fall in consolidated net profit at Rs 25.57 crore for second quarter ended September 30 due to higher expenses on construction activities.

Land Acquisition Bill: 10 things you must know

Land Acquisition Bill aims to give a fair deal to farmers for their land for industrial use.

Omaxe sales bookings up 55% to Rs 2,373 cr in FY'13

Realty firm Omaxe's sales booking increased by 55 percent during last fiscal to Rs 2,373 crore as it sold more area at a higher rate.

DLF raises Rs 750 crore through bonds issue

Realty major DLF Thursday raised Rs 750 crore through issue of bonds and funds would be utilised for development of its housing and commercial projects.

Top 8 cities to see office space oversupply of 21% by 2016

Top eight cities of the country would witness an excess supply of office space to the tune of 21 percent over the next five years, according to a projection by global realty consultant Cushman & Wakefield.

Unitech eyes Rs 400 cr sales from new housing project at Noida

Unitech, the country's third largest realty firm, launched a seven-acre housing project 'Exquisite' in Noida last week.