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Tag Archives: estate

The Problem With Expensive Real Estate

The U.K. Office for National Statistics has recently begun to track the value of land as part of the national accounts — and it turns out that dirt is now just about the biggest thing going in Britain: Land Takes Over the U.K. Balance Sheet Value as a percentage of gross domestic product Source: U.K. Office for National Statistics I was tipped off to this development ... Read More »

CREDAI-MCHI real estate exhibition to be held from November 16-19, 2017, in Mumbai

The post CREDAI-MCHI real estate exhibition to be held from November 16-19, 2017, in Mumbai appeared first on Housing News. CREDAI-MCHI will be holding its ‘28th Real Estate & Housing Finance Exhibition’, from November 16-19, 2017. The exhibition, which will be held at the MMRDA Grounds, at BKC, in Mumbai, is set to be the first major property expo, post-RERA and will showcase ... Read More »

RERA and the cleaning up in real estate

At the RICS Real Estate Conference in Delhi on November 15, the talk was about transparency – what you see is what you buy. The Real Estate (Regulation and Development) Act, which came into force this year, is forcing many developers to revamp their business models. The industry, some said, was in a “phase of cleaning up”. Here are the key takeaways: ... Read More »

Maharashtra not keen on bringing real estate under GST

The government of Maharashtra is not keen on bringing real estate under the Goods and Service Tax (GST) regime, and has asked the GST council to take a decision after conducting an in-depth study including impact on the state finances, reports DNA. State Finance Minister Sudhir Mungantiwar told the paper he had sent a letter to the Centre about two weeks ... Read More »

Why Would A Real Estate Company Want To Buy Harvey Weinstein’s Film Studio?

Tom Barrack There are opportunistic deals. And then there is buying a film studio that bears what is currently one of the most toxic names in the world. Colony NorthStar is undertaking due diligence and will decide in the next fortnight whether to push on with the purchase of Weinstein Co., the film studio formerly run by producer Harvey Weinstein, who ... Read More »

Indians are the biggest investors in Dubai’s real estate: Report

In the eighteen-month period between January 2016 to June 2017, Indians bought property worth Rs 42,000 crore in Dubai, said a Dubai Property Show statement accessed by the Times of India. The statement indicates that Indians are the top foreign property investors in the Emirates. In 2014, the Department recorded Indians investing Rs 30,000 crore in Dubai’s property. “For years, Indians have consistently ... Read More »

9 big reasons not to invest in real estate

Photo: Amlan Mathur/ Shutterstock.com Buy land, they’re not making it anymore. – Mark Twain Human beings have felt the allure of land since time immemorial. Families, regions, nations and civilizations have gone to war in order to claim land or protect it. Alexander, Caesar, Ashoka, Hitler – to name just a few historical figures – held land to be synonymous with ... Read More »

Kritikka Infrastructure sells 2.30 crore shares of Indiabulls Real Estate

On September 18, 2017 Kritikka Infrastructure sold 1,45,00,000 shares of Indiabulls Real Estate at Rs 236.26 on the NSE and sold 85,00,000 shares at Rs 235.23 on the BSE. In the previous trading session, the share closed down 3.36 percent or Rs 8.40 at Rs 241.95 on the BSE. The share touched its 52-week high Rs 269.50 and 52-week low Rs 63.25 ... Read More »

Types of crowdfunding and why it is beneficial for real estate sector

Crowdfunding is a method of raising capital through collective effort of friends, family, customers and individual investors. This approach taps into the collective efforts of large pool of individuals primarily online via social media and crowdfunding platforms. Apart from raising capital, crowdfunding is also a way to create awareness among the masses and support for a project from the people ... 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 »