Page 3 - Real Estate

Get an accurate estimate of price before putting your house on the sale

Housing sales: Make it presentable, clear off dues, and have documents ready before you meet potential buyers

Rohan Lifescapes to launch Rs 2k-cr Borivali redevelopment project shortly

Rohan Lifescapes, the largest re-developer of cessed buildings in the megapolis, is launching its biggest project in the northern suburb of Borivali on a six-acre plot which has a revenue potential of over Rs 2,000 crore. Rohan Lifescapes was founded by first-generation entrepreneur Harresh Mehta in 1996, and has so far delivered 28 projects worth 6.5 million sqft of quality space, impacting 5,000 original families in them. The company has nine ongoing projects which will have around 8 million sqft of developed area, and seven upcoming launches with over 10 million sqft of saleable area, on completion, and the Borivali project is its biggest bet ever with over 25,000 sqm of saleable space, Mehta said, adding the company is sitting on a land bank of over 50 sites in prime localities. Some of its upcoming projects include Hughes Road, Malabar Hill & Chowpatty near the Nariman Point commercial hub. "The Borivali project is our biggest ever, and has a revenue potential of over Rs ...

India home to 12 real estate billionaires; Rajiv Singh of DLF the richest

A large part of the rise in the fortunes of these realty barons is attributed to a rally in the real estate stocks at the bourses. For the year under review, the BSE Realty index gained 55 per cent

Housing demand rises 4.6% QoQ in Q1, 2022; supply remains stable: Report

The prices of ready-to-move properties increased 1.7 per cent QoQ and 5.8 per cent year-on-year

Tata Housing plans Rs 1,200 crore investment for premium housing

Tata group's real estate arm Tata Housing plans to invest around Rs 1,200 crore over the next two years to acquire land outright and through joint ventures across major cities to develop group housing projects as well as for plotted development, which has gained traction amid the COVID pandemic. In an interview with PTI, Tata Realty and Infrastructure CEO & MD Sanjay Dutt noted that the demand for plots has increased significantly during the pandemic and highlighted that the company has sold all 157 plots in Bengaluru for Rs 130 crore. Tata Housing Development Company Ltd and Tata Realty and Infrastructure Ltd are 100 per cent subsidiaries of Tata Sons. Tata Housing has recently launched a project 'Swaram' at Devanahalli in Bengaluru, Dutt said, adding that the plots were sold out within 36 hours of its launch. "We sold all 157 plots for Rs 130 crore," he said. The project is a part of Tata Housing's 140 acre township 'Carnatica' developed by One Bangalore Luxury Projects LLP, a ..

Embassy REIT raises Rs 1,000 crore via 5-year paper to fund operations

The coupon rate on these bonds is 7.35 per cent

Real estate group Alliance sells 3,686 homes worth Rs 2,290 cr in FY22

The company has lined up new launches of over 25 mn sq ft of residential projects for FY23

CBRE's Anshuman Magazine on real estate's future

In an interview with Business Standard's Nivedita Mookerji, Anshuman Magazine of CBRE South Asia shares why he sees robust growth for the sector which was hit hard by the pandemic

Brookfield, Bharti enter into real estate JV with Rs 5,000-cr deal

Brookfield, a private real estate fund, will purchase a 51 per cent stake from Bharti Enterprises of four properties totalling 3.3 million square feet

Housing sales up 71% YoY in March quarter, highest since 2015: Anarock

Approximately 99,550 units sold across the top 7 cities in Q4, according to data from real estate consulting firm

Check how home buyers of bankrupt Supertech can now submit claims online

The NCLT order is likely to hit over 25,000 home buyers who have booked their homes with the company for over several years

From IPOs to PF, here's a list of changes that come into effect on Friday

Initial public offerings (IPO) launched after April 1 shall provide a sub-quota within the high net-worth individual (HNI) quota for those investing between Rs 2 lakh and Rs 10 lakh.

TMS Ep139: UAE free-trade, Anshuman Magazine, ITC stock, drone-as-a-service

What are the implications of opening up govt procurement to UAE firms? What is Anshuman Magazine's take on real estate? How did ITC stock outperform peers? What's drone-as-a-service? All answers here

Traction in hiring, improving real estate demand positives for Info Edge

Cash deployment and valuation upside for new business/investee firms are other triggers

Rising raw material costs make analysts cautious on realty stocks

Over the last one year, developers' average cost of construction has risen 10 - 12 per cent, owing to higher input cost due to supply-side constraints

Surging cost of construction likely to push up real estate prices

Over the last one year, developers' average cost of construction has risen 10-12 per cent, owing to higher input cost due to supply-side constraints

Hong Kong Feb home prices drop to 13-month low, hit by new Covid wave

Hong Kong private home prices dropped at a faster pace in February to their lowest since January 2021, official data showed on Tuesday

Real estate firm DLF gains traction as a growth-value stock, say brokerages

Both residential and leasing trends point to strong showing in FY23

Realty investments in 2022 near pre-Covid, inflation a downside risk: CBRE

A few sunrise sectors such as industrial and logistics are expected to surpass pre-pandemic levels as well in terms of leasing and supply addition

Income tax department searches 24 premises of Hiranandani group

Last week, several premises linked to Omaxe were searched by the department for allegedly indulging in "unaccounted" cash transactions with customers of around Rs 3,000 crore.