Sunday 19th November 2017,
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Budget 2017: Experts have hailed note ban’s positive impact on real estate, says government

Budget 2017: Experts have hailed note ban’s positive impact on real estate, says government

NEW DELHI: Brushing aside alleged reports of losses to the real estate sector during last quarter of 2016 due to demonetisation, the Centre today said experts feel that the move will purge the sector from the influence of black money, thereby making purchases affordable and within the reach of common man. Minister of State for [...]

February 3, 2017 Saheli Real Estate Comments Off on Budget 2017: Experts have hailed note ban’s positive impact on real estate, says government

Indian real estate gets a measly 1% share of global capital inflows

Indian real estate gets a measly 1% share of global capital inflows

It makes for a telling revelation that considering the 11,500 developers under the CREDAI (Confederation of Real Estate Developers’ Associations of India) umbrella, the number of developers who have consistently delivered projects across all three phases of the Indian residential real estate cycle over a 11-year period, stands at a measly 124. As per sold [...]

February 3, 2017 Saheli Real Estate Comments Off on Indian real estate gets a measly 1% share of global capital inflows

What A 2017 SEC Filing Can Tell Us About America’s Real Estate Presidency

What A 2017 SEC Filing Can Tell Us About America’s Real Estate Presidency

As America’s real estate president begins his term of office, it is, perhaps, fitting that the top loan in one of the year’s first CMBS deals turns out to be for a building that’s closely connected to the president’s son-in-law and fellow real estate developer, senior White House adviser Jared Kushner. And not just any building, [...]

January 30, 2017 Saheli Real Estate Comments Off on What A 2017 SEC Filing Can Tell Us About America’s Real Estate Presidency

Real estate firm Puranik may raise Rs225 crore from IndoStar Capital

Real estate firm Puranik may raise Rs225 crore from IndoStar Capital

Mumbai: Puranik Builders Pvt. Ltd, a Mumbai-based residential real estate developer, is in talks to raise Rs225 crore from Everstone Capital backed non-banking financial services company (NBFC) IndoStar Capital Finance Ltd, two people aware of the development said. Talks between the two parties are at an advanced stage and the transaction is expected to close [...]

January 27, 2017 Saheli Real Estate Comments Off on Real estate firm Puranik may raise Rs225 crore from IndoStar Capital

Budget 2017 expectations: How do we fuel consumption of real estate?

Budget 2017 expectations: How do we fuel consumption of real estate?

(The writer is national director, knowledge systems, Colliers International India) By: Housing.com/news Tags  Property Trends affordable housing Benami transactions Budget 2017 Colliers International India Corporate tax Demonetisation goods and services tax GST home loan house rent allowance HRA Income Tax MAT Minimum Alternate Tax property real estate Real Estate Regulation Act RERA Section 80 GG [...]

January 27, 2017 Saheli Real Estate Comments Off on Budget 2017 expectations: How do we fuel consumption of real estate?

Chambers seeks ‘industry’ status to real estate sector

Chambers seeks ‘industry’ status to real estate sector

VIJAYAWADA: Andhra Pradesh Chambers of Commerce and Industry Federation (APCCIF) president Muthavarapu Murali Krishna wrote a letter to Union Finance Minister Arun Jaitley suggesting various measures for promoting the real estate sector. He stated that the real estate business had slowed down in the last couple of years in spite of tax incentives, and that [...]

January 23, 2017 Saheli Real Estate Comments Off on Chambers seeks ‘industry’ status to real estate sector

China’s real estate sector slows

China’s real estate sector slows

Although China’s GDP rose to 6.8 per cent in the fourth quarter of 2016 and there was a general improvement in both the services sector and domestic consumption, there was a visible retreat in the real estate market. The National Bureau of Statistics (NBS) reported on Saturday that the real estate sector growth dipped from [...]

January 23, 2017 Saheli Real Estate Comments Off on China’s real estate sector slows

What makes a real estate investment location lucrative?

What makes a real estate investment location lucrative?

A simple Google search on real estate investment locations will throw up hundreds of results. Finding genuine online advice – the kind that can lead you to a truly lucrative real estate investment decision – is like finding the proverbial needle in the haystack. The internet’s usefulness as a tool to guide your property investment [...]

January 23, 2017 Saheli Real Estate Comments Off on What makes a real estate investment location lucrative?

Blackstone readies new Asia real estate fund of at least $5 bn: Sources

Blackstone readies new Asia real estate fund of at least $5 bn: Sources

HONG KONG: Blackstone Group LP is readying a new Asia-focused real estate fund that aims to raise a record $5 billion or more, betting on strong returns from property investments in the region, people familiar with the plans told Reuters. The world’s biggest alternative asset manager will likely launch the fund in the next 12-16 [...]

January 23, 2017 Saheli Real Estate Comments Off on Blackstone readies new Asia real estate fund of at least $5 bn: Sources

Top 10 expectations of real estate sector from Budget 2017

Top 10 expectations of real estate sector from Budget 2017

Real estate industry has high expectation from the upcoming budget 2016-17. Stakeholders are demanding that central government gives relaxation in income tax rate, provide clarity on GST, raise House Rent Allowance (HRA) deduction and announce policies to standardize construction materials in order to uplift the real estate industry. Take a look at some of the [...]

January 19, 2017 Saheli Real Estate Comments Off on Top 10 expectations of real estate sector from Budget 2017

Notional loss: MMR lost ₹9,100cr in real estate sales from Oct to Dec 2016

Notional loss: MMR lost ₹9,100cr in real estate sales from Oct to Dec 2016

The real estate sector of the Mumbai Metropolitan Region (MMR) suffered a loss of around Rs9,100 crore as the residential market sales fell in the last three months after demonetisation. The state government too lost at least Rs460 crore as stamp duty during the period between October and December 2016, claimed market sources. The estimates [...]

January 19, 2017 Saheli Real Estate Comments Off on Notional loss: MMR lost ₹9,100cr in real estate sales from Oct to Dec 2016

Real estate company dupes senior citizens

Real estate company dupes senior citizens

AHMEDABAD: A real estate firm located on Anandnagar Road has allegedly duped consumers in a land deal, according to a complaint received by Consumer Education & Research Centre (CERC). So far, around 20 complaints were registered with CERC’s complaints department in connection with the case. According to CERC officials, the real estate firm announced the [...]

January 19, 2017 Saheli Real Estate Comments Off on Real estate company dupes senior citizens