Sunday 19th November 2017,
Radio Metta

Real Estate

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

Real estate briefly: ValueRock Realty acquires Long Beach building for $24M

Real estate briefly: ValueRock Realty acquires Long Beach building for $24M

Irvine-based ValueRock Realty Partners, a real estate investment and operating company, has acquired a two-story office building at 6700 E. Pacific Coast Highway in Long Beach. The firm acquired the 76,939-square-foot coastal infill property for $24 million from Colton Cos. Built in 1983, the property known as Congressional Place is fully occupied. It’s home to [...]

February 19, 2017 Saheli Real Estate Comments Off on Real estate briefly: ValueRock Realty acquires Long Beach building for $24M

Govt appoints regulatory authority for real estate sector

Govt appoints regulatory authority for real estate sector

JAIPUR: The Rajasthan government on Friday appointed additional chief secretary (ACS) of urban development and housing (UDH) department as the regulatory authority for real estate sector. The decision was taken as the central law empowers the state government to designate any officer as regulatory authority till a full-fledged regulatory authority is established for grievance redressal [...]

February 19, 2017 Saheli Real Estate Comments Off on Govt appoints regulatory authority for real estate sector

Govt appoints regulatory authority for real estate sector

Govt appoints regulatory authority for real estate sector

JAIPUR: The Rajasthan government on Friday appointed additional chief secretary (ACS) of urban development and housing (UDH) department as the regulatory authority for real estate sector. The decision was taken as the central law empowers the state government to designate any officer as regulatory authority till a full-fledged regulatory authority is established for grievance redressal [...]

February 19, 2017 Saheli Real Estate Comments Off on Govt appoints regulatory authority for real estate sector

Rise in raw materials prices likely to hit real estate business

Rise in raw materials prices likely to hit real estate business

INDORE: High fluctuations in cement and steel prices caused by a spur in infrastructural activities, is likely to hit real estate business. Increased prices of raw materials will spoil plans of the realtors expecting to revive themselves after last year’s slump. Industry participants said that rise in cement prices has increased the cost of project [...]

February 14, 2017 Saheli Real Estate Comments Off on Rise in raw materials prices likely to hit real estate business

Real estate sector to give fillipReal estate sector to give fillip to tier 2 cities, airport development and infra activities to tier 2 cities, airport development and infra activities

Real estate sector to give fillipReal estate sector to give fillip to tier 2 cities, airport development and infra activities to tier 2 cities, airport development and infra activities

Every year when the budget is round the corner, each sector presents its wishlist for the government. Post this Union budget 2017-18 the positive movement on the real estate indices conveyed the sentiment from the budget providing the much-needed push to the realty sector. Although there was an expectation towards the government acceding to the [...]

February 14, 2017 Saheli Real Estate Comments Off on Real estate sector to give fillipReal estate sector to give fillip to tier 2 cities, airport development and infra activities to tier 2 cities, airport development and infra activities