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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...

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...

Essex India to expand operations to more cities

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 the residential real estate market, plans to expand its operations to four cities in the next six months. Essex, incubated out of Way2online, leading marketing...

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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 the residential real estate market, plans to expand its operations to four cities in the next six months. Essex, incubated out of Way2online, leading marketing...

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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...