Page 6 - Realty
Homebuyers unlikely to gain from reduction in corporation tax rates
Property developers are unlikely to pass on any benefit to homebuyers in the form of price cuts
 "Homebuyers unlikely to gain from reduction in corporation tax rates")
IL&FS debacle, slump in real estate led to default, says Altico Capital
Management has sought signing of ICA by lenders to restructure liabilities
 "IL&FS debacle, slump in real estate led to default, says Altico Capital")
Tata Realty, Actis look to raise $1 billion for commercial properties
The duo is doubling the size of the $500-million platform, which it floated in 2015
 "Tata Realty, Actis look to raise $1 billion for commercial properties")
Unsold inventory for top real estate developers scales new high in FY19
Rises to 30 months worth of revenue, up from 24 months a year ago
 "Unsold inventory for top real estate developers scales new high in FY19")
Banking on Phase 5 project, DLF provides sales guidance of Rs 2,700 cr
DLF has earmarked a capital expenditure of Rs 200 crore this year for its Chennai project
 "Banking on Phase 5 project, DLF provides sales guidance of Rs 2,700 cr")
Real estate attracts $34 billion PE investment since 2014: Report
The share of residential segment has shrunk over the years due to slowdown in the housing sector, the report said
 "Real estate attracts $34 billion PE investment since 2014: Report")
Realty market to add 200 million sq ft space across segments in 2019: CBRE
Housing sales are expected to rise in 2019, as the realty market is on a recovery path after absorbing the impact of policy reforms like RERA, GST and note ban, according to CBRE. CBRE said 200 million sq ft of space will be added in 2019 across all segments including housing, office, retail and logistics. The real estate stock in India will reach 3.7 trillion sq ft at the end of this year, the consultant said in a report 'Real Estate Market Outlook 2019 - India' released here. "The growth of the Indian Real Estate market in 2019 will be driven by numerous factors including technology, demand-supply dynamics, improved ease of doing business rankings and the dust settling post the implementation of reforms such as GST, RERA among others," said Anshuman Magazine, Chairman & CEO of CBRE India. He further said, significant growth across segments, will lead to the addition of almost 200 million sq ft of new real estate space in 2019 across categories including office, retail, ...
 "Realty market to add 200 million sq ft space across segments in 2019: CBRE")
Realty check: Current rates and unit sizes in Rs 1.5-2 crore price range
If you are looking at buying real estate, an idea about prevailing rates would come in handy
 "Realty check: Current rates and unit sizes in Rs 1.5-2 crore price range")
Realty check: Current rates and unit sizes in Rs 30-50 lakh price range
If you are looking at buying real estate, an idea about prevailing rates would come in handy
 "Realty check: Current rates and unit sizes in Rs 30-50 lakh price range")
JLL says home sales up 40% in top cities, other analysts disagree
According to JLL, from the sales perspective, Hyderabad and Kolkata were the standout performers with growth rates of 277 % & 230 %
 "JLL says home sales up 40% in top cities, other analysts disagree")
Weak rupee, regulatory changes make realty attractive for NRIs: Experts
Property prices have reduced by 10% or more compared to last year
 "Weak rupee, regulatory changes make realty attractive for NRIs: Experts")
Housing sales up 6% during Jul-Sept in nine big cities: PropEquity
Among cities, housing sales in Bengaluru increased by 14 per cent to 8,916 units
 "Housing sales up 6% during Jul-Sept in nine big cities: PropEquity")
After 37% jump in FY18, analysts turn cautious on real estate sector
The huge outperformance in FY18, analysts say, was on account of implementation of the Real Estate (Regulation and Development) Act (RERA) and government's focus on affordable housing
 "After 37% jump in FY18, analysts turn cautious on real estate sector")
BSE Realty rise for the fourth straight session; up 8% since Budget
BSE Realty has rallied nearly 8% since the Budget day against the 2.8% rise in Sensex
 "BSE Realty rise for the fourth straight session; up 8% since Budget")
NCR saw 8% drop in office leasing in 2016 on low supply: Report
Office space supply plunged to 2.8 million sq ft last year from 10.2 million sq ft in 2015
 "NCR saw 8% drop in office leasing in 2016 on low supply: Report")
Demonetisation: Sales of home developers to fall 20-30% next year, says Fitch
Leverage of top builders to rise in 2017
Will demonetisation add to banking sector's woes?
Stocks of companies in the realty segment have been on a downward spiral since demonetisation was announced
 "Will demonetisation add to banking sector's woes?")
Real estate shares slump; BSE Realty index plunge 13%
Delta Corp, DLF, HDIL, Indiabulls Real Estate and Sunteck Realty were down more than 15% each on BSE.
 "Real estate shares slump; BSE Realty index plunge 13%")
BMC single-window clearance could drive down realty prices
Realtors expect BMC's 'single window' clearance to be a game changer, leading to correction in property prices
 "BMC single-window clearance could drive down realty prices")
Despite rally, stay away from realty sector
Fundamentals of the sector yet to see marked improvement. Current buying is based only on sentiments
 "Despite rally, stay away from realty sector")
