Oversupply of housing stocks a nightmare

Oversupply of housing stocks a nightmare

If there is one factor that impedes the realty sector in India, it is the oversupply of residential properties. Says a report by India Infoline. While Ahmedabad and Hyderabad have a relatively comfortable inventory situation, major markets such as Mumbai, Gurugram,...
TP schemes, affordable housing must: Vijay Rupani

TP schemes, affordable housing must: Vijay Rupani

Stressing on the need to build quality, safe and affordable houses for all, Gujarat Chief Minister Vijay Rupani has termed “affordable housing” as an essential requirement in the time to come. “The state government approved 100 town planning schemes in 2018. 400 TP...
Blackstone to pick up stake in two Indiabulls office assets

Blackstone to pick up stake in two Indiabulls office assets

Private equity giant Blackstone Group has signed up with listed developer Indiabulls Real Estate Ltd to buy up to 50% stake in two commercial properties in Gurugram. In a stock-exchange filing, Indiabulls Real Estate said that it was parting with the stake at a...
Smooth regulatory regime excites property developers

Smooth regulatory regime excites property developers

Post the revival of the Indian real estate sector through a series of initiatives by the government, the confidence of the homebuyers has increased with a clear understanding of the market, says Madhusudhan G, Chairman and MD, Sumadhura Group. The developers, on the...