Page 34 - Real Estate

Freebies, stamp duty cut help home sales in Mumbai surge past other markets

Pent-up demand, increase in affordable and mid-segment housing over the past few years support upsurge

Is that to-die-for real estate deal being offered on inflated prices?

Before rushing into these schemes, find out the benchmark price of similar properties in the area

IFC to invest $75 mn in Indospace Logistics to develop industrial parks

The funding will provide Indospace with long-term finance against the backdrop of the Covid-19 pandemic to continue investing and developing select projects

Brookfield to invest $2 billion in biggest Indian property deal yet

The Canadian asset manager is acquiring 12.5 million square feet of rent-yielding offices and co-working spaces from RMZ Corp

For end-users, festive season is a good time to strike a deal for a house

Prices and interest rates are both low, and attractive discounts and payment plans are available that will sweeten the deal further

Adani, Piramal, Oaktree and SC Lowy submit bids for troubled DHFL

Oaktree bids for entire company, Piramal for retail loan book

Cold storage real estate stock rises up to 1,500 mn sq ft by 2023: Report

The rising demand for food and groceries on e-commerce platforms will fuel the growth in the cold storage business, property consultant CBRE has said

RBI announces measures to boost credit flow to real estate sector

The requirement of standard asset provision of 0.25 per cent will continue to apply on all such loans, the notification added

Office properties grab lion's share of realty's $2.31 bn PE investments

The segment accounts for 81% of PE funds flowing into the real estate sector betwen Jan 1 and Sept 30; residential segments gets 9%

Blackstone nears $2 billion India property deal with Prestige: Report

The US private equity group is in advanced talks to acquire Prestige Estates Projects' rent-yielding assets including offices and operating malls

RBI move to allow loan recast at project level to benefit realtors: Experts

Move will help restart projects stuck due to Covid-19. Both buyers and developers will stand to gain when these projects eventually see the light of day

Covid impact: PE investment in real estate down 57% in Jan-Sep at $2.3 bn

PE investment in Indian real estate fell 57 per cent year-on-year to around $2.3 billion during January-September this year as investors remained cautious due to Covid-19, according to a report

Property developers give up profit margins for sales volume: Analysts

Margins in residential projects have come down from 20-30 per cent last year to 8 to 10 per cent in today's market

Residential real estate showing recovery signs in Jul-September: Report

Sales figures for Q3FY20 from July to September indicate signs of recovery in the real estate sector, though some of this growth could potentially be attributed to pent-up demand due to lockdown

ASK PIA invests Rs 125 cr in Gulshan Homz's mixed-use project in Noida

Both projects are in line with ASK PIA''s strategy of providing funds to projects to facilitate project execution and completion

Decoded: How govt's SVAMITVA scheme aims to help rural property holders

Launched by Prime Minister Modi on Sunday, it is aimed at digitising all rural properties by 2024

Magicbricks sees 30-40% rise in online searches from pre-Covid level

Realty portal Magicbricks on Friday said the property searches on its platform has increased 30-40 per cent from the pre-COVID levels

LIC Housing Finance biz back to pre-Covid levels: MD Siddhartha Mohanty

The business done by the company in September is not only better than the previous year but also the best for the company in the same period, he said.

Home sales recover in Sept qtr; still a long road to recovery: Knight Frank

Developers' cash flows remain under pressure despite the extension on loan moratoriums.

Bengaluru to Delhi: Demand for premium homes drives residential sales in Q2

In Mumbai, reduced stamp duty and low interest rates get customers interested in property