Page 32 - Real Estate

Over 19 quarters taken to clear unsold real estate inventory, says Ind-Ra

Residential sales were down 50 per cent year-on-year (YoY) to 68 million square (sq.) feet (ft) in H1FY21 across the major six cities.

Godrej Fund in talks with Bengaluru-based developer for Rs 1,200-cr deal

If the deal fructifies, it will be one of the biggest commercial property deals in the country this year

BS READS: As economy recovers, this may be perfect time to invest in realty

Investors expect a V-shape recovery in India's real estate market as the economy shows signs of revival and demand returns. Namrata Kohli brings some insights on how to play the real estate market

Realty lending by FIs drops sharply in last one year due to pandemic

Lending rates have come down by 100 basis points for term loans and to lower extent for other loans, says Propstack data

Delhi is India's fastest-growing hotspot for luxury homes, shows report

Auckland in the Australasia region topped the global index with 12.9 per cent price appreciation in the July-September quarter, compared to the same period last year

Maharashtra govt brings out uniform development control rules

The new norm is likely to bring uniformity in width of roads, size of rooms, etc. Height of buildings would, however, vary depending on the plot size and its FSI potential

Planning to buy a plot? Go for an area likely to see economic activity

As people start moving in, the area will become habitable and capital values will also appreciate

Real estate firms see good traction for plotted developments in WFH world

Godrej Properties, part of Godrej group, last month launched plotted developments of 1 million sq ft in Faridabad on 43.61 acres of land acquired from BPTP, an NCR-based developer

Prestige to invest Rs 2,000 cr on 4 new housing projects in Bengaluru, Goa

Prestige Estates Projects will develop four new housing projects in Bengaluru, Goa and Hyderabad with an investment of nearly Rs 2,000 crore amid recovery in demand for residential properties

Realty sales at pre-Covid levels on the back of stamp duty cut: Crisil

More business shifts to key developers amid pandemic chaos

BS Reads: Why buying property in Kashmir may not be as easy as it looks

Multiple claims over the same real estate, doubling of official circle rates and issues regarding sale of industrial land are key hurdles 'outsiders' could encounter

Property registrations in Mumbai surge, but FY21 to be tough: Crisil

FY21 is going to be a difficult year for the realty sector with primary sales likely to decline by 50 per cent in top 10 cities, a report said on Thursday.

Will retire Rs 6,000-crore debt after Blackstone deal: Prestige Estates CMD

The total portfolio is expected to be around 21 million square feet (mn sq ft) of completed and under construction projects, said CMD Razack

Covid-triggered 'Work from home' norm spikes housing demand in city suburbs

Potential homebuyers were earlier researching best localities to buy a house near their workplace

Mahindra Lifespace to launch 4 housing projects by March as demand picks

Mahindra Lifespace Developers Ltd will launch four new housing projects, comprising over 900 units, in Mumbai, Pune and Chennai by March next year as part of its expansion plan for future growth

Why the govt's economic package cannot be classified as stimulus

Real stimulus would be to tax people less because spending is as much about feeling good, as it is about having the money and depressed people don't go out shopping

SP realty arm treading a cautious path, to scale down 3BHK flats in Mumbai

Six months ago, it was looking at increasing the number of three-bedroom apartments by 5 per cent

Stimulus 3.0: Construction, infra firms on concrete road to recovery

Recent policy measures on liquidity add to improving outlook led by better execution, good order flows, and low interest rates

Prestige Group's Q2 sales booking up 9% at Rs 1,123 cr despite slowdown

Realty firm Prestige Estates Projects' sales bookings rose 9 per cent year-on-year to Rs 1,123.3 crore during September quarter on better demand for its residential properties

Planning to buy a house? Do it within 7 months to gain from FM's largesse

Low property prices, cheap loan rates, and tax relief make this a good time to strike a deal