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Category : Real Estate

What makes a real estate investment location lucrative?

Saheli 23 Jan 2017 685 Views

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 ... Read More »

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

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

Saheli 23 Jan 2017 699 Views

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 ... Read More »

Top 10 expectations of real estate sector from Budget 2017

Saheli 19 Jan 2017 801 Views

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 ... Read More »

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

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

Saheli 19 Jan 2017 2300 Views

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, ... Read More »

Real estate company dupes senior citizens

Saheli 19 Jan 2017 701 Views

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 ... Read More »

Will developers now focus on budget homes?
Real Estate

Will developers now focus on budget homes?

Saheli 17 Jan 2017 802 Views

Affordable housing will be the first asset class likely to lift the gloom in the residential market. Interestingly, a slight improvement can be expected in the last two quarters of 2017. This will be led by affordable housing as the government gives a push to this segment to fulfil the ... Read More »

Nobody has right to dilute RERA passed by Parliament: Naidu
Real Estate

Nobody has right to dilute RERA passed by Parliament: Naidu

Saheli 17 Jan 2017 888 Views

Amid reports of dilution of key provisions of new realty law by some states, Union Minister M Venkaiah Naidu today said it should be implemented in true spirit and nobody has the right to dilute the law passed by Parliament. The union housing and urban poverty alleviation minister also asked ... Read More »

Venkaiah Naidu urges states to implement Real Estate Act
Real Estate

Venkaiah Naidu urges states to implement Real Estate Act

Saheli 17 Jan 2017 685 Views

Union Housing and Urban Poverty Alleviation Minister Venkaiah Naidu on Tuesday urged the states and union territories to and implement the Real Estate (Regulation & Development) Act from May this year, as proposed in the legislation, an official statement said. He made the request at a meeting of Chief Secretaries ... Read More »

States have no power to dilute Real Estate Act, may face public outcry: Venkaiah Naidu
Real Estate

States have no power to dilute Real Estate Act, may face public outcry: Venkaiah Naidu

Saheli 17 Jan 2017 873 Views

NEW DELHI: Coming down heavily on the states that have diluted the real estate regulatory Act, Union minister M Venkaiah Naidu on Tuesday said states have no power to dilute the provisions and this will have serious implications including public outcry. The minister of Housing and Urban Poverty Alleviation (HUPA) ... Read More »

Fed’s Powell Says Risks Are Mixed and Real Estate Is a Concern
Real Estate

Fed’s Powell Says Risks Are Mixed and Real Estate Is a Concern

Saheli 08 Jan 2017 666 Views

Federal Reserve Governor Jerome Powell said the U.S. central bank needs to step up monitoring of financial excesses following an extended period of record-low interest rates, citing commercial real estate as one area of concern. “With inflation under control, overheating has shown up in the form of financial excess,” Powell ... Read More »

Prince Left Behind $25 Million in Real Estate, 67 Gold Bars
Real Estate

Prince Left Behind $25 Million in Real Estate, 67 Gold Bars

Saheli 08 Jan 2017 708 Views

Prince didn’t just leave a great musical legacy behind. It turns out, the singer also had an eye for real estate. The singer had acquired $25.4 million worth of real estate and other personal property before his death, ET confirms, in addition to a horde of cash and 67 gold ... Read More »

Report: Prince left behind $25 million in real estate, a cash horde, and 67 gold bars
Real Estate

Report: Prince left behind $25 million in real estate, a cash horde, and 67 gold bars

Saheli 08 Jan 2017 587 Views

It turns out that Prince wasn’t just an incredible musician, but also a prolific real estate investor—and maybe a closet gold bug. The enigmatic singer had acquired $25.4 million worth of real estate and other personal property at the time of his death last year, according to a file released ... Read More »

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