Page 22 - Real Estate

Construction after workers' vaccination to realty sector in Bengal: Credai

The exercise will help revive 300,000 jobs and the Rs 90,000-crore industry in the state, the real estate sector body said

As Delhi unlocks, manufacturers and realtors face severe roadblocks

Shortage of labour, lack of supply of materials pose hurdles to resuming operations

Real estate sector to cross $1 trillion by 2030: Housing Secretary

The government has taken various measures in the Budget of last seven years to spur growth in the real estate sector, he added.

This RK Damani, Rakesh Jhunjhunwala-owned stock has gained 56% in 3 days

Prozone Intu Properties shares were locked in the 10 per cent upper circuit band for the second straight day, at Rs 31.75 apiece, on the BSE

Housing.com launches price index for residential properties with ISB

Housing.com and ISB launched an index to track prices of residential properties across eight major cities as part of their effort to provide real-time data to all stakeholders

Raymond Limited appoints Harmohan Sahni as CEO of realty business

Raymond Ltd on Monday said it has appointed Harmohan Sahni as chief executive officer (CEO) of its realty business

Construction firm J Kumar Infraprojects bags Rs 1,307.8 cr order from MMRDA

Civil engineering and construction company J Kumar Infraprojects Ltd on Monday said it has bagged an order worth Rs 1,307.88 crore from the Mumbai Metropolitan Region Development Authority

Amitabh Bachchan buys duplex flat in Mumbai's Andheri area for Rs 31 cr

Per sq ft value of the property to be Rs 59,788; stamp duty on deal is Rs 62 lakh

First-time buyers, many of them on rent, drive home sales in NCR market

Mumbai residents search for larger units; end-users corner 90 per cent of overall homes sales

Expect complete recovery in residential realty only in 2024: Crisil

Better affordability, sustained WFH will spike demand in top six cities this fiscal. But Mumbai and Pune may see contraction due to the higher base of last fiscal

Rising markets boost infra scheme returns to 85% on average past one year

Industry players see this theme doing well going forward due to green shoots in some segments on the economy and govt's infra thrust

Near term headwinds for REITs on FY22 lease expiry, weak demand

Strong base of technology sector tenants and valuations may provide support

Berger Paints Q4 net profit at Rs 209 crore on revenue of Rs 2,026 crore

Berger Paints is the second largest paint company in India with 16 manufacturing units.

Transcon Developers eyes Rs 2000 cr revenue from Andheri project

Transcon Developers, one of the prominent real estate groups in Mumbai has recently launched its second phase

Affluent Indians seek second home to escape Covid-19 pandemic rage

Enquiries have jumped 20-40% vis-a-vis pre-Covid period, say realty agents

SC order on personal guarantors thorn in the side of biz families

Lack of clarity between legitimate succession planning and evasion is a worry, say experts

Share of top listed cos in home sales up from 6% to 22% in 4 years: study

Together they sold 21.23 mn sq ft area during first three quarters of FY21 (April-December 2020) despite the first wave of Covid-19, up 2% two over the year-ago period

Listed property developers expect better days after first quarter

In FY21, home sales picked up after Q1 because states such as Maharashtra announced stamp duty cuts and banks offered special interest rates

Motilal Oswal Real Estate announces 1st close of its fifth real estate fund

The Fund, which was launched with a target corpus of Rs 800 crore has received commitments aggregating Rs 650 crore.

Second wave may delay 422,000 houses meant for delivery this year: study

40% of these are in the affordable segment priced under Rs 40 lakh; 35% are in the mid-segment priced at Rs 40-80 lakh