Page 52 - Real Estate

Big listed real estate companies drive profits home in a dull market

BSE Realty Index, which tracks listed developers, has gone up 19 per cent since the beginning of the year, while BSE Sensex went up just 10 per cent

Real estate, auto companies prep to use immersive media tools for business

Adoption of immersive media in India is at the same pace as other developed market

PE-backed housing platforms bet big on mid-income housing projects

The reduction in GST rates for affordable housing, added with the credit-linked subsidy scheme of the central government, has pushed the demand for such houses

Embassy to ride on Indiabulls to foray into Mumbai, NCR realty markets

Blackstone may see Embassy as an excellent vehicle for spreading its wings across cities in the future but for now the Indiabulls deal does more than that

Evaluate investment opportunities in fast-growing tier-II and III cities

The key for real estate investors is to evaluate whether employment opportunities will grow, and infrastructure projects will be implemented

Realtors say ruling on delayed handover of flats not one-size-fits-all

Homebuyers can now seek a refund if the hand-over of a flat is delayed by more than one year

Haven't got possession of flat? Claim refund if project delayed beyond a yr

In case of non-delivery of projects within the prescribed deadline, the builder will refund the entire amount with 10% interest

Delhi 7th globally in prime property price rise, Mumbai 31st: Knight Frank

Annual average prime price growth stands at 1.3% across 45 global cities

Keep more money in your purse, NHB tells housing finance companies

Within the housing finance sector, the NHB has a dual role

GST relief for homebuyers, builders in Bengal after rule change on services

AAR has ruled that services such as preferential location charges (PLC), space for parking, common area maintenance services could be bundled with the main construction services

NBFC crisis may push up borrowing costs for real estate developers

Along with housing finance companies, NBFCs account for about 60% of property developers' loans

'Sur-real' estate buyer behaviour

Real estate websites might have decimated the classified ads of newspapers, but they are yet to fully capitalise on the capabilities of data analytics

UP real estate watchdog rejects 36 projects for not complying with norms

13 realty projects have been rejected by UP RERA in Lucknow and 9 projects in Gautam Buddha Nagar

Onus on builder to do entire documentation

The law does not permit a builder to handover possession under any situation, not even for 'fitout' unless the building completion certificate is obtained

Developers find relief in commercial properties as residential realty lags

Exposure to commercial development has increased to over 40 per cent and in some cases close to 50 per cent, say experts

GIC sells DLF's 70 million shares in block deal for Rs 1,344 crore

The shares have been bought by existing investors who had pumped in Qualified Institutional Placement (QIP) programme at Rs 192

Residential real estate sector outlook remains negative, says Icra

factors responsible for negative outlook are demand-supply mismatches in many markets and product segments, leveraged balance sheets and continuing funding challenges for developers

Realtors can opt for old GST rates with input tax credit till May 10

In case, realtors do not exercise the option, they will be covered under the new tax rates with effect from April 1, 2019, and will not be entitled to avail tax credit on inputs

Realtor promising you sky-high returns under buyback scheme? Steer clear

Such schemes where the developer promises fantastic rates of returns are a sign of his financial desperation

NRIs are buying luxury and affordable homes for rental income: Experts

Also, of late, NRIs with higher purchasing power are lapping up luxury homes along with affordable homes, as they offer better rental income and capital appreciation