Page 5 - Real Estate
House price rises to pick up pace in 2022, 2023: Property analysts
The Indian real estate sector is expected to account for 13% of India's GDP by 2025, according to NITI Aayog, the official public policy advisory to New Delhi.
 "House price rises to pick up pace in 2022, 2023: Property analysts")
Art, jewellery, cars, stocks, real estate: Where do the ultra-rich invest?
According to Knight Frank report, art emerged as the top investment avenue
 "Art, jewellery, cars, stocks, real estate: Where do the ultra-rich invest?")
Ukraine-Russia war: Should you increase exposure to gold, real estate?
Gold has been the best-performing asset class this year. Real estate prices are also rising. So, should you invest in these asset classes? Watch our next report to know what analysts are advising
 "Ukraine-Russia war: Should you increase exposure to gold, real estate?")
Shapoorji Pallonji eyes Rs 525 cr sales revenue from new project in Mumbai
The company has launched Shapoorji Pallonji SKYRAA - a luxury residential project in Thane
 "Shapoorji Pallonji eyes Rs 525 cr sales revenue from new project in Mumbai")
Govt took many steps to reduce black money in property deals: Official
As the real estate sector becomes cleaner, Housing and Urban Affairs Secretary Manoj Joshi said more and more women would come to work in this industry
 "Govt took many steps to reduce black money in property deals: Official")
Godrej Properties commits $700-900 million investment in last three years
Godrej Properties Ltd has committed investments worth USD 700-900 million in the last three years and continues to be extremely bullish on the Indian real estate sector, a senior company official said
 "Godrej Properties commits $700-900 million investment in last three years")
Good time to invest in commercial realty as firms bring employees to office
Leasing of space is likely to rise as Covid-related uncertainties reduce and hybrid work model becomes the norm
Realty firms afflicted with low returns shouldn't get listed: Jhunjhunwala
It can be noted that very few developers like Macrotech Developers formerly Lodha, and DLF are listed on the bourses
 "Realty firms afflicted with low returns shouldn't get listed: Jhunjhunwala")
Puravankara to invest Rs 1,550 cr to construct realty project in Kochi
The company's subsidiary Provident Housing Ltd will develop 3 million square feet in the project, which is spread over 18 acres, named 'Provident Winworth' at Kochi
Top headlines: RBI official wants crypto ban; Canada seeks more immigrants
Top property developers across western and northern India are getting into 'second homes' concept at leisure destinations. More on that in our morning wrap.
 "Top headlines: RBI official wants crypto ban; Canada seeks more immigrants")
Top realtors getting into 'second homes' concept at leisure destinations
Realtors look to cash in on demand for such projects at leisure destinations
 "Top realtors getting into 'second homes' concept at leisure destinations")
Hiranandani Group enters consumer tech with Rs 3,500 cr investment plan
Company will focus on large opportunities in the arena of social media, entertainment, gaming and e-sports, e-commerce, personal mobility, artificial intelligence and blockchain linked solutions
 "Hiranandani Group enters consumer tech with Rs 3,500 cr investment plan")
Virtual real estate seller Metamall raises $400,000 via 80 mn crypto tokens
Metamall has already raised $4.6 million in its seed, strategic and private rounds and more than $2 million through NFT realty sales
 "Virtual real estate seller Metamall raises $400,000 via 80 mn crypto tokens")
Asset quality issues to affect realty-focused non-banks till FY23: Study
The real estate AUM of non-banks contracted by 17.64 per cent to Rs 2.8 lakh crore as of March 2021 from Rs 3.4 lakh crore as of March 2019
 "Asset quality issues to affect realty-focused non-banks till FY23: Study")
Godrej Properties plans Rs 7,500-cr investment in next 12-18 months
Recently, Godrej Properties Ltd reported that its consolidated net profit in December quarter nearly trebled to Rs 38.95 crore
 "Godrej Properties plans Rs 7,500-cr investment in next 12-18 months")
Sobha's Q3 net rises 57% to Rs 33 cr, revenue dips 2% to Rs 668 cr
The company achieved total cash inflow of Rs 1,059 crore during Q3 of FY22 which is the highest in its lifetime
Ace investor Rakesh Jhunjhunwala, others to pick up stake in D B Realty
D B Realty will allot 5 crore warrants to investors, including Rakesh Jhunjhunwala and his wife, within days of Godrej Properties cancelling its plans to invest Rs 700 crore in the company
 "Ace investor Rakesh Jhunjhunwala, others to pick up stake in D B Realty")
Time to focus on project execution
'The status of mega projects under the control of state governments is not available', says the author
 "Time to focus on project execution")
New launch trajectory key driver for DLF, buy on dips, say experts
Residential demand remains strong, commercial portfolio may lag in near term
 "New launch trajectory key driver for DLF, buy on dips, say experts")
Budget 2022: For property buyers, right TDS must to avoid interest, penalty
Budget impact may not be palpable, but steer clear of taxman
 "Budget 2022: For property buyers, right TDS must to avoid interest, penalty")
