Monday , 22 April 2019
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Real Estate

Indiabulls Group Shares Fall On Reports Of Income Tax Raid

Shares of Indiabulls Group companies slumped on Wednesday following media reports about country-wide income tax raids on their offices. Indiabulls Group has interests in real estate development, financial services and lending. DNA newspaper, citing sources, said that raids are being conducted at Mumbai and Delhi offices of Indiabulls Housing Finance, Indiabulls Ventures and Indiabulls Real Estate. Indiabulls Housing Finance is ... Read More »

The Rise Of The Shopping Mall In India: Why Investors Are Betting On It

Investors had shied away from malls amid weak consumer spending and deep discounts by online retailers. HIGHLIGHTS Investors think more people will go to malls as more foreign brands open As e-tailers ease discounts, shoppers will prefer malls, believe investor Blackstone, Xander Group are looking for malls in India New Delhi: E-commerce in India has been booming and online giants ... Read More »

Indiabulls Real Estate Raises Rs 25 Crore Via Debentures

New Delhi: Indiabulls Real Estate said on Tuesday that it has raised Rs 25 crore by issuing non-convertible debentures (NCDs). Last month, the Mumbai-based company had announced that it proposed to raise up to Rs 200 crore through issue of NCDs on a private placement basis. So far, the company has raised Rs 131 crore in three tranches. In a filing to the BSE, Indiabulls ... Read More »

Hrithik’s Ex-Wife Sussanne Khan Sued For 15 Cr by Real Estate Firm

Image courtesy: suzkr. HIGHLIGHTS Mudith Gupta of Emgee Properties filed the suit against Ms Khan Emgee Properties has already filed a complaint with Panaji police Ms Khan has challenged the FIR before Goa Bench of the Bombay High Court A defamation suit seeking Rs 15 crore as damage was filed today against actor Hrithik Roshan’s former wife Sussanne Khan by ... Read More »

Once Red-Hot, UK Real Estate Investments Run Into Trouble

A general view shows a construction site in London. Image: Reuters London: Commercial real estate has hit the headlines this week, a victim of the recent Brexit vote which has left over $20 billion trapped in funds that not long ago promised investors a slice of London’s red-hot property market Money placed in real estate vehicles managed by big asset ... Read More »

Hyderabad Office Space Leasing Up 55% In January-June: Realty Consultant

Representational image HIGHLIGHTS Hyderabad witnesses strong demand for space from IT-ITeS companies Space leasing rose to 2.9 million square feet in first half of 2016 Competitive rentals, quality infrastructure have attracted companies New Delhi: Hyderabad saw a maximum increase of 55 per cent in net office space absorption in the January-June period among eight top cities on improving business climate ... Read More »

Fair Trade Regulator Rejects Complaint Against DLF

New Delhi: The Competition Commission of India has dismissed allegations that DLF indulged in unfair business ways with regard to sale of a residential plot in Uttar Pradesh after finding that the realty major was not a dominant player in the relevant market. The matter pertained to allotment of a residential plot at the Garden City project at a village in Lucknow district and it was ... Read More »

PE Investment In Retail Real Estate At Rs 1,000 Crore In January-May: Report

New Delhi: Indian retail real estate has become attractive again for global investor as private equity (PE) investment in this segment has reached $149 million in the first five months of this year and likely to break previous record of 2008, according to property consultant JLL. During the entire 2008 calendar year, PE investment in retail real estate stood at ... Read More »

House Price Inflation To Edge Down Further: Nomura

New Delhi: Affordability concerns are likely to dominate the Indian housing sector while prices may face downward pressure despite lower interest rates and aggressive retail lending push by banks, says a Nomura report. According to the Japanese financial services major, elevated housing prices amid a sluggish job market have likely curbed end-user demand. “Even as lower interest rates and an ... Read More »

Donald Trump vs Hillary Clinton Race Is Like Imaginary Past vs Future: Barack Obama

President Obama said he values Hillary Clinton’s experience and judgement. (AFP Photo) WASHINGTON, UNITED STATES:  US President Barack Obama has thrown his weight behind Hillary Clinton as he likened the presidential race between the former Secretary of State and real estate tycoon Donald Trump to a choice between “future and imaginary past”. “This is a choice between whether we are ... Read More »