News WrapGet Handpicked Stories from our editors directly to your mailbox

India realty

PE inflow in Indian retail real estate doubles to $1.2 bn in 2017, 2018: Anarock

The consultant attributed the sharp rise in private equity (PE) inflow to further liberalisation in FDI policies such as 51 percent FDI in multi-brand retail and 100 percent FDI in single-brand retail under the automatic route.

May 19, 2019, 17:51 PM IST

Piramal Realty FY'19 sales booking jumps nearly 4-fold to Rs 3,400 cr

The company's sales booking stood at about Rs 900 crore in 2017-18.

May 18, 2019, 18:16 PM IST

Home buyers to pay 12% GST on balance due if completion certificate issued by March 31

Builders who have received completion certificate for an ongoing project before April 1, 2019, will have to charge 12 percent GST from buyers on the balance amount due towards purchase of the flat.

May 15, 2019, 18:25 PM IST

GST Council extends deadline for realty firms to opt for old GST rate till May 20

The GST Council, headed by Finance Minister Arun Jaitley and comprising state counterparts, had in March allowed real estate players to shift to 5 percent GST rate for residential units and 1 percent for affordable housing without the benefit of input tax credit (ITC) from April 1, 2019.

May 10, 2019, 12:17 PM IST

Realty investment in 6 top Indian cities register 100% growth: Report

The global property investment market saw volumes rise 4 percent year-on-year to USD 1.5 trillion in a one year period ending June 2017.

Oct 31, 2017, 00:25 AM IST

Affordable housing to become cheaper; govt may waive off stamp duty

M Venkaiah Naidu has asked states to waive stamp duty for affordable housing projects and rationalise it for others.

Mar 07, 2017, 13:40 PM IST

Indian retail real estate has become attractive again for global investors

During the entire 2008 calendar year, PE investment in retail real estate stood at USD 267 million.

Jul 06, 2016, 16:12 PM IST

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.

Apr 05, 2016, 15:21 PM IST

India's 10 most affordable property markets

In its latest report, property consultant JLL India has listed 10 cities that offer great lower-budget real estate investment prospects over medium to long term.

Jan 13, 2016, 12:47 PM IST

Delhi-NCR housing sales drop 50% in H1; new launches falls 68%

New home launches fell by 68 percent to 11,360 units in January-June 2015, from 35,500 units in the first half of last year.

Jul 29, 2015, 16:33 PM IST

Omaxe leases 2 lakh sq ft of retail space to Chinese firms

Realty firm Omaxe on Friday said it has leased 2 lakh sq ft of retail space to Chinese companies in its commercial project at Greater Noida.

May 15, 2015, 22:08 PM IST

Piramal Fund sanctions Rs 1,200 cr for Mumbai realty project

Piramal Fund Management (PFM) on Monday said it has sanctioned Rs 1,200 crore in financing for a high-end residential project being developed by Omkar Realtors in the metropolis.

Mar 30, 2015, 22:36 PM IST

Sobha's Q3 sales bookings fall 15% to Rs 427 crore

During the entire 2013-14 fiscal, Sobha sold properties worth Rs 2,342.5 crore.

Jan 08, 2015, 15:39 PM IST

Tata Housing receives Rs 130-cr booking orders during GOFS

Realty player Tata Housing received booking orders worth Rs 130 crore against 200 units in the three-day Google Online Shopping Festival (GOSF) held earlier this month.

Dec 30, 2014, 16:16 PM IST

US realty mkt emerges as investment destination for Indians

This investment magnitude recorded a growth of around 6 percent over 2013.

Nov 27, 2014, 21:54 PM IST

Real Estate bill to be tabled in next session: Naidu

The Real Estate (Regulation and Development) bill will be tabled in the coming session of parliament, Union Urban Development Minister M. Venkaiah Naidu said Thursday while addressing the media here.

Oct 09, 2014, 20:12 PM IST

Assotech to invest up to Rs 1,000 cr on serviced residences

Real estate developer Assotech Realty plans to invest up to Rs 1,000 crore in 5-7 years to set up serviced residences for which it has tied up with hospitality chain Lemon Tree Hotels Group for management.

Oct 09, 2014, 17:37 PM IST

Donald Trump plans investment in India betting on Modi government

American real estate mogul Donald Trump is planning "substantial investments" in the Indian property and hotel sectors, betting on Prime Minister Narendra Modi-led new government`s efforts to revive the economic growth and boost infrastructure.

Aug 13, 2014, 00:16 AM IST

Noida farmers to get Rs 5060/sq m under direct purchase scheme

The Greater Noida Industrial Development Authority (GNIDA) on Tuesday approved Land compensation of Rs 2,640 per square meter for direct purchase cases.

Aug 12, 2014, 21:50 PM IST

Sotheby's Int'l Realty enters India to sell luxury homes

US-based property brokerage firm Sotheby's International Realty Affiliates LLC on Tuesday announced its foray into Indian real estate to market luxury homes located in north India.

Aug 12, 2014, 21:25 PM IST