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Real Estate

Real estate options: Where should you invest in 2019?

With scarcely available ready A-grade rent-yielding commercial assets being taken up fast and the housing market no longer offering the kind of returns it did a few years ago, investors are now turning to other options such as warehousing, co-living, co-working spaces and even student housing to get the best bang from the buck. There is a major shift from investors ... Read More »

What 2019 augurs for real estate in India

India’s real estate market seemed to be on the path to recovery in 2018 as the impact of Real Estate (Regulation and Development) Act, 2016, (RERA Act)and Goods and Services Tax (GST) tapered down and home sales and new launches picked up. But the liquidity crisis at non-banking financial companies (NBFCs) has hit growth prospects of the real estate sector. Mint takes a look. How did home ... Read More »

Real estate transactions for Sunday, Nov. 4, 2018

Following are seller, buyer, property description and price of property. Note: price is an estimate based on revenue stamps that are bought from the county. ROCK ISLAND COUNTY WARRANTY DEEDS Pure Industrial Real Estate Trust, c/o Piret, Toronto, Ontario, Canada, to BPP Pristine US, New York, N.Y.; 7800 Turkey Hollow Rd., Rock Island, industrial building; $19,000,000. Franks, John and Jan, ... Read More »

Housing Units Worth Rs. 3 Lakh Crore Lag Delivery Deadlines In 7 Cities: PropEquity

In NCR, the number of such housing units has been estimated at over 1.8 lakh, said PropEquity. More than 4.65 lakh housing units across the country are lagging their delivery deadlines, according to a report by property consultant PropEquity. Although the country’s real estate or property market “may be witnessing green shoots of recovery in select micro markets”, the projects ... Read More »

Share market update: Realty stocks subdued; HDIL, IB Real Estate top losers

NEW DELHI: Most realty stocks, including Housing Development & Infrastructure (HDIL)(down 1.53 per cent), Indiabulls Real EstateNSE -2.79 % (down 1.48 per cent) and Prestige Estates Projects (down 1.27 per cent), were trading with losses. The Nifty Realty index was trading 0.22 per cent down at 267 around 02:30 pm. Sobha (down 0.68 per cent), Phoenix Mills (down 0.63 per cent) and Brigade ... Read More »

Housing projects worth Rs 3.3 lakh cr stuck across India: PropEquity

NEW DELHI: Over 4.65 lakh units, worth over USD 47 billion, are facing significant execution delays across major Indian cities due to sales slowdown, cash crunch facing developers and issues related to project approvals, says a PropEquity report. As many as 1,687 projects, comprising 4,65,555 units with a saleable area of nearly 600 million sq ft, are significantly behind delivery schedule, it said. ... Read More »

Vietnam: The Next Frontier in Asia’s Luxury Real Estate Market

Ho Chi Minh city skyline PHUNG HUYNH VU QUI / GETTY IMAGES Activity in the luxury real estate market is surging in Vietnam, mirroring a booming economy that posted a 7.38% year-over-year increase in GDP in the first quarter of 2018—the country’s strongest in a decade. In Hanoi, plots in Starlake City, a multimillion-dollar planned community of luxurious villas and landed ... Read More »

Developing airports like real estate business doomed to fail: IATA

The professional also said that privatisation of aviation infrastructure, including airports, is not always the solution. (Representative Image) India needs a comprehensive aviation infrastructure plan as air traffic is booming but developing airports like real estate business is “doomed to fail”, according to a top aviation professional. The professional also said that privatisation of aviation infrastructure, including airports, is not ... Read More »

Foreign investment in real estate down 20%

While global institutional investors’ interest in Indian real estate continues to show an uptick, the latest June quarter has shown a decline in their investment owing to delayed conclusion of a few large deals. Indian real estate has attracted investments worth $1.08 billion in the June quarter across 11 transactions, down 20% from a year ago, showed data from Venture Intelligence. However, ... Read More »

Post-Real Estate Regulation Act, channel partners emerge as vital cog

MUMBAI, MARCH 18 With the dynamics of the real estate sector changing in post-RERA and GST era, developers are increasingly becoming dependent on channel partners to push sales through innovative ideas. “Channel partners have started adding more value in marketing and sales. They are increasingly acting as advisors — sales professionals than brokers. They are taking more responsibility and are ... Read More »