Saturday , 4 April 2020
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Real Estate

Indian real estate attracts $5 billion PE in 2019, commercial projects lead: Report

MUMBAI: Indian commercial real estate retained its Numero Uno position and continued be a preferred destination for global institutional investors in the backdrop of robust office space take-up, falling vacancy levels and rising rentals. Indian real estate attracted more than $5 billion private equity (PE) inflows in 2019. Of this, over 66% or $3.3 billion was infused in the commercial ... Read More »

Under stress, real estate sector most squeezed in Delhi, Mumbai

The NCR real estate market has so far received loans worth Rs 1.64 lakh crore from banks and NBFCs/HFCs, Anarock Capital managing director & CEO Shobhit Agarwal said. The real estate sector is saddled with loans worth over Rs 6.63 lakh crore, of which alm-ost 15%, or roughly Rs 99,773 crore, is under ‘severe stress’, data from Anarock Property Consultants ... Read More »

Kerala’s real estate sector to finally get its regulator K-RERA on January 1

After much delay, Kerala is all set to formally launch its Real Estate Regulatory Authority (RERA) on January 1, 2020. The Real Estate (Regulation and Development) Act (RERA) was implemented in India with effect from May 1, 2017. It has been over two-and-a-half years since this game-changing piece of law came into force in the country, but Kerala was yet ... Read More »

What makes Real Estate an attractive career option?

Here’s why real estate still an attractive job option even when India’s unemployment rate hit a three-year high of 8.4 percent in August 2019. India’s unemployment rate hit a three-year high of 8.4 percent in August 2019. Vanishing jobs, production slow-downs, less demand, these words are being resonated across almost every sector, and real estate is also being showcased as ... Read More »

Stock market update: Realty shares up; Indiabulls Real Estate rises 2%

NEW DELHI: Realty shares were trading in the positive zone in Friday’s morning session. Shares of Indiabulls Real Estate Ltd. (up 2.45 per cent) , Phoenix MillsNSE 1.49 % Ltd. (up 2.26 per cent) , Oberoi RealtyNSE 2.95 % Ltd. (up 1.84 per cent) , Prestige Estates Projects Ltd. (up 1.78 per cent) , Godrej Properties Ltd. (up 1.26 per cent) , Sunteck Realty Ltd. (up ... Read More »

Hyderabad Real Estate Witnesses A Boom Amidst Slowdown

The past decade was nothing short of a roller coaster ride for India’s real estate investors. With a multitude of factors, such as the demonetization, RERA, GST, and the more recent NBFC crisis coming into the picture, the sector’s growth prospects have taken a dip during recent months. Oddly, though, the real estate space in South India managed to flourish ... Read More »

Real estate players unhappy with RBI’s status quo on repo rate

The Indian real estate sector was not very pleased with the Reserve Bank of India’s (RBI’s) decision to keep key repo rate unchanged at 5.15% in its December policy review on Thursday, i.e. 4 December. This is the first pause after five consecutive rate cuts by the monetary policy committee (MPC) since February, during which the policy rate was lowered ... Read More »

Real estate industry disappointed with RBI pressing the halt button

Contrary to the expectations, the Reserve bank of India (RBI), decided to keep the repo rate unchanged at 5.15 per cent, after five consecutive rate cuts. Real estate industry watchers were disappointed by the move. As the sales are declining in the sector, they were expecting RBI to cut interest rates further. “RBI’s decision to not lower interest rate has ... Read More »

Global pension funds are eyeing Bengal’s real estate market

International institutional investors, including large pension funds like The CPP Investment Board, officially the Canada Pension Plan Investment Board, Mirae Asset of Korea, couple of Japanese as well as Middle East funds are eyeing Kolkata’s real estate market to grab a slice of its retail, IT and logistics growth cycle. With REIT opening up giving these foreign funds an opportunity to exit, the ... Read More »

Government mulls more relief for real estate sector, NBFCs

NEW DELHI : In a bid to help the NBFCs and real estate companies, the Centre is considering more relief measures for both stressed sectors. In the past few months the government has announced few measures to ease liquidity and the credit crunch in the economy. According to sources, the government is weighing the option of unburdening some of the major ... Read More »