Indian realty roars under RERA

Indian realty roars under RERA

There have been sceptics that the Indian realty sector is not a place for honest investors because of the overwhelming presence of black money. Such a perception, which was often true, made this sector a dumping ground for unholy cash. But things have changed...
Piramal Realty appoints Naaman Atallah as CEO

Piramal Realty appoints Naaman Atallah as CEO

Naaman Atallah, formerly CEO of Dubai Properties and who ha been heading a portfolio of 144 projects worth $30 billion that included residential, commercial, retail and hospitality developments, has been appointed CEO of Piramal Group’s real estate firm Piramal...
Chennai records highest percentage of unsold houses

Chennai records highest percentage of unsold houses

:  Chennai has 20% completed unsold inventory in real estate, the highest percentage in the country, according to a recent survey by real estate services firm, Jones Lang Lasalle (JLL). The  survey found that  as many as 42,500 units are unsold, of which nearly 8,500...
Dedicated affordable housing fund to boost the sector

Dedicated affordable housing fund to boost the sector

Union Finance Minister Arun Jaitley’s  announcement of  setting up of a dedicated Affordable Housing Fund (AHF) in National Housing Bank is set to mark a new trend in India’s realty sector. It will be funded from priority sector lending shortfall and fully serviced...