Sunday , 17 December 2017
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Real Estate

In Real Estate’s Evolving Marketplace, Little Is Truly ‘Disruptive’

Shutterstock Residential real estate – homes – are not only “sexy” to consumers, as evidenced by the fascination with HGTV, but also a magnet for financial services companies and other major corporations that have been drawn to our business over the years by what appears to be sizable commission revenue. Corporations ranging from Metropolitan Life and Prudential to GMAC and ... Read More »

Market Now: Realty stocks fall; IB Real Estate slips over 2%

Sun Pharma, ITC, Lupin, Axis Bank, TCS and Infosys were the top losers in the Nifty pack. NEW DELHI: Nifty Realty index slipped over 1 per cent in Wednesday’s early trade to hit 283, erasing most of the gains of the previous session. The index was trading 1.10 per cent down at 284 around 10.25 am (IST) with shares of Indiabulls ... Read More »

TVS Emerald, ASK PIA to set up real estate platform

The platform will have an equity corpus of ₹400 crore City-based Emerald Haven Realty Limited (TVS Emerald), the real estate arm of TVS Motor Company, has joined hands with ASK Property Investment Advisors (ASK PIA), the real estate private equity arm of ASK Group, to set up a real estate investment platform. Under an agreement inked between the two, the ... Read More »

Some predictions on where real estate sector is heading post-RERA

The deadline of July 31, 2017 for notifying RERA rules ended with most of my predictions coming true. Unfortunate but expected. Here is a quick summary of the key developments by the deadline date and their impact going forward. 1. Completion Certificates (CC): There was a rush by developers for securing CC with the hope that some of their projects can get ... Read More »

Firm recovery in real estate still a mirage eluding investors

The wait and watch mode is still prevailing in the real estate sector in the expectation of clarity on various policy measures by the government in the next six months, say analysts. Photo: Mint LATEST NEWS » Dames of thrones: Women rule TV’s biggest show Nissan introduces waterless car washing solution in India Nasa’s Mars 2020 rover to use smart ... Read More »

Investors to pump in $7 billion investments into real estate in 2017

A favourable regulatory environment coupled with attractive asset valuations has enhanced investor confidence by changing the perception of Indian realty in the global arena. Interest from offshore equity investors, large Indian corporates and high net worth individuals (HNIs) are likely to bring in investments worth USD 7 billion into the sector this year, says a report. While office and residential ... Read More »

Real estate sentiments turn negative on RERA, GST implementation: FICCI-NAREDCO-Knight Frank India’s sentiment index

The short-term uncertainty over new policies such as RERA and the GST, have turned real estate sentiments negative for the first time since Q4 2015, according to FICCI-NAREDCO-Knight Frank India’s sentiment index Sentiments in the real estate sector, which had been positive in the last quarter, have moved into the negative zone for the first time since Q4 2015, largely ... Read More »

Real estate sector sentiments take a further hit with RERA and GST ambiguity

The uncertainty over the manner and form in which the Real Estate (Regulation and Development) Act, 2016 (RERA) rules will be implemented across states and the implementation of the Goods and Services Tax (GST) from July 1, 2017 has created confusion among stakeholders, especially with respect to on-going projects, says FICCI-NAREDCO Real Estate Sentiment Index for the second quarter 2017. ... Read More »

Indiabulls Real Estate out of F&O ban; shares up by 6%

Indiabulls Real Estate Limited’s shares soars by over 6% intraday during Thursday’s trading session after the report of its removal from the Future and Option (F&O) ban. Generally, when the combined open interest in a stock’s derivative contracts crosses 95% of the market-wide position limit, the stock goes under the ban in F&O. The normal trading in the stock resumes only after ... Read More »

Ultimatum by Punjab real estate regulator: ‘Get registered by July 31 to carry on with business ’

The builders and real estate agents who have not come forward yet to register themselves under the Punjab Real Estate Regulatory Authority (RERA) should better hurry. The July-31 deadline for the mandatory registration is set to expire in eight days, but only six builders have applied for registration under the newly created real estate watchdog. It is despite the fact ... Read More »