Monday 21st August 2017,
Radio Metta

Real Estate

Firm recovery in real estate still a mirage eluding investors

Firm recovery in real estate still a mirage eluding investors

The situation in the residential property market is still grim. The Knight Frank Prime Global Cities Index Q2 2017 showed that amid a global pattern of weakening prices for luxury residences, a declining trend engulfed Indian metros. For the April-June quarter, Bengaluru, the city that was so far resilient, suffered a decline from the year-ago [...]

August 14, 2017 Loknath Das Real Estate Comments Off on Firm recovery in real estate still a mirage eluding investors

Real Estate: Beyond Dark Clouds

Real Estate: Beyond Dark Clouds

For 28-year-old S. Nagesh, a Noida-based software engineer drawing an annual income of Rs 26-lakh, the decision to buy a new three-bedroom apartment has been on hold for the last eight-months. “I am aware of the new regulations and laws. But I am waiting for further clarity, better choices and transparent deals. I want my [...]

August 9, 2017 Loknath Das Real Estate Comments Off on Real Estate: Beyond Dark Clouds

Haryana government backed a real estate firm that wanted to cut trees in the protected Aravallis

Haryana government backed a real estate firm that wanted to cut trees in the protected Aravallis

Hindustan Times Weeks before it issued an order to lift curbs on the felling of mesquite trees in the Aravallis, the office of the Additional Chief Secretary of Haryana had pushed the state forest department to allow a real estate firm to chop trees of the species on a plot of land, despite objections from [...]

May 25, 2017 Loknath Das Real Estate Comments Off on Haryana government backed a real estate firm that wanted to cut trees in the protected Aravallis

Link Building Lessons from the Real Estate Industry

Link Building Lessons from the Real Estate Industry

Are links doing more harm than good? With the rules for link building constantly changing, it can be hard to know what’s a smart link building strategy and what will land you in hot water with Google. Last year, Google’s webmaster trends analyst, John Mueller, surprised the SEO world with his pronouncement that link building, [...]

May 12, 2017 Loknath Das Real Estate Comments Off on Link Building Lessons from the Real Estate Industry

Canberrans compete for prestigious LJ Hooker real estate internship

Canberrans compete for prestigious LJ Hooker real estate internship

Hope Wilkins is a finalist in LJ Hooker’s Million Dollar Intern competition. Photo: Supplied Two Canberra women are among 16 finalists competing for a leg-up in the property industry. Hope Wilkins, a 22-year-old who works in retail, and Tahnee Barnes, a 28-year-old recruitment consultant, are in the running for LJ Hooker’s Million Dollar Intern position. LJ [...]

May 4, 2017 Loknath Das Real Estate Comments Off on Canberrans compete for prestigious LJ Hooker real estate internship

Sothebys real estate arm to tap HNI buyers

Sothebys real estate arm to tap HNI buyers

MUMBAI, APRIL 27:   Sotheby’s International Realty, the real estate arm of the auction house Sotheby’s, said it is expanding its presence in the domestic market with offices in top eight metros. Even as the company plans to open its Mumbai office by mid-2017, it also plans to add two more India desk targeting Indian diaspora [...]

April 27, 2017 Loknath Das Real Estate Comments Off on Sothebys real estate arm to tap HNI buyers

Indiabulls Real Estate shares gain 100% in last one month

Indiabulls Real Estate shares gain 100% in last one month

Mumbai: Shares of Indiabulls Real Estate Ltd surged over 100% in the last one month. The stock price started rallying after its board approved restructuring of its leasing and commercial operations into a separate entity. The stock hit a high of Rs163.20, a level last seen on 12 November 2010, and gained as much as [...]

April 24, 2017 Loknath Das Real Estate Comments Off on Indiabulls Real Estate shares gain 100% in last one month

U.S. Home Sales Were Up in January Except in One Unexpected Region

U.S. Home Sales Were Up in January Except in One Unexpected Region

The year kicked off with buyers across the country racing to lock in rising mortgage rates and close on homes—except in one surprising region. Sales of existing homes, which have previously been lived in, rose 3.3% from December to January, according to the most recent National Association of Realtors® report. The 5.69 million purchases also represented a [...]

April 19, 2017 Loknath Das Real Estate Comments Off on U.S. Home Sales Were Up in January Except in One Unexpected Region

Indiabulls Real Estate touches 52W high on restructuring plans

Indiabulls Real Estate touches 52W high on restructuring plans

India’s third largest real estate company, Indiabulls Real Estate’s board is planning to do some restructuring in its business. The board of the company considered the possibility of streamlining the company’s existing ‘residential’, ‘commercial’ and ‘leasing’ businesses by segregating the ‘commercial and leasing’ business segment. The company has two options to restructure its business. One [...]

April 17, 2017 Loknath Das Real Estate Comments Off on Indiabulls Real Estate touches 52W high on restructuring plans

Real estate firms with commercial portfolio scored in December quarter

Real estate firms with commercial portfolio scored in December quarter

December quarter results show rental income from commercial assets is alleviating, at least partially. Residential properties still not up to the mark The mood was sombre in the December quarter among real estate firms. The November ban on old, high-value banknotes affected the real estate sector hugely, given that it is infamous for cash transactions. [...]

March 25, 2017 Loknath Das Real Estate Comments Off on Real estate firms with commercial portfolio scored in December quarter

Realty Sentiment Hits 3-Yr Low In December Quarter On Note Ban

Realty Sentiment Hits 3-Yr Low In December Quarter On Note Ban

Although the residential sector is going through a difficult phase, the stakeholders are quite optimistic for the future, especially with regards to sales volume. New Delhi: The real estate sentiment fell to a three-year low in the October-December period, indicating pessimism among developers and financial institutions which reeled under the demonetisation pressure, says a report. [...]

March 15, 2017 Loknath Das Real Estate Comments Off on Realty Sentiment Hits 3-Yr Low In December Quarter On Note Ban

India Poised To Unlock $9 Billion For Investing In Roads, Power

India Poised To Unlock $9 Billion For Investing In Roads, Power

  A decade-long wait by India’s cash-hungry real estate and infrastructure developers may finally be nearing an end. Birla Sun Life Asset Management Co. estimates that real estate and infrastructure trusts will raise as much as 600 billion rupees ($9 billion) this year as India rolls out the much-anticipated investment products mooted in 2007. Sterlite [...]

March 8, 2017 Loknath Das Real Estate Comments Off on India Poised To Unlock $9 Billion For Investing In Roads, Power