Real Estate

Real estate market in India growing due to favourable policies

Real estate market in India growing due to favourable policies

A KPMG report says a combination of growing demand and conducive government initiatives have made this year a crucial one in the development of India’s real estate market. This year, the government has demonstrated an interest in developing affordable housing across...

Funds crunch, occupancy certificate hit housing market

Funds crunch, occupancy certificate hit housing market

Outstanding credit to real estate developers given by Non-Banking Finance Companies (NBFCs) and Housing Finance Companies (HFCs) has increased four times from Rs 640 billion in 2011-12 to about Rs 2,600 billion till 2017-18. At a time when NBFCs/HFCs were a major...

NCR, Mumbai builders are battling tepid demand and unsold inventory

NCR, Mumbai builders are battling tepid demand and unsold inventory

The National Capital Region (NCR) remains the worst impacted among major real estate markets in the country, with home sales declining in each of the last four quarters, reports Mint newspaper. In the September quarter, sales dropped by 12% to 13,820 units, making NCR...

Housing prices to rise at half the rate of inflation in 2019

Housing prices to rise at half the rate of inflation in 2019

India house prices will rise at half the rate of consumer price inflation next year, hit by dwindling credit supply, according to a Reuters poll of housing market experts who said Delhi will be hit hardest. House prices have risen at almost double-digit rates for over...

Brahma Group to invest Rs 1.7k crores in Gurugram

Brahma Group to invest Rs 1.7k crores in Gurugram

The New York-based asset management company Brahma Group is to invest Rs 1,700 crore in commercial project, including office-cum-retail project in Gurugram. The company is developing over 200 acre township project at Panchkula in partnership with real estate major...

Delhi’s Connaught Place world’s 9th most expensive

Delhi’s Connaught Place world’s 9th most expensive

A survey has shown that New Delhi’s Connaught Place is the world’s ninth most expensive office market. Mumbai’s Bandra-Kurla Complex (BKC) stands at the 26th position while the city’s central business district of Nariman Point stands at the 37th position. The annual...

Latest News

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

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...

Essex India to expand operations to more cities

Essex India, a Hyderabad-based prop-tech company aiming to disrupt home-buying and selling process in residential real estate market, plans to expand its operations to four cities in next six months. Essex, incubated out of Way2online, a leading marketing technology...

From the Blog

Why Indian real estate is turning attractive for NRIs

The depreciated rupee value is prompting a large number of NRIs to invest in the Indian realty market, writes Navneet Dubey. With rupee witnessing a major fall against the dollar in recent months, non-resident Indians (NRIs) have begun scouting for property buys in...

Making mini fortune by investing in flats

We all know somebody who has made a mini fortune by investing in a flat or residential plot at the right time, writes  Ashwini Kumar Sharma. Despite the usual ups and downs, there exists a deep rooted sense among Indian investors that residential property is a...