There is currently a lot of debate happening on how the government’s demonetisation move will impact the real estate sector. The Nifty Realty Index fell almost 12% on Wednesday, purely on sentiment. While the bellwether indices are hinting at dark days ahead, these fears can at best be called unfounded ... Read More »
With IT industry making its home in Bangalore, many professionals from all over India are making their homes here and hence, property in Bengaluru is much in demand. While the apartments and flats are the preferred choices for most professionals but more and more people are now looking to buy ... Read More »
Index investors can’t seem to get enough of real-estate investment trusts: They collectively hold more than 15% of shares outstanding of several of the largest publicly traded property owners in the U.S., a Wall Street Journal analysis found. Exchange-traded funds specifically held about $61 billion of U.S. and international REITs, ... Read More »
Banks continued to tighten lending standards to commercial real estate loans in the third quarter, according to a Federal Reserve survey released Monday. The Fed survey of senior loan officers of 69 domestic banks and 21 foreign banks found standards were tightened on all types of commercial real estate loans. ... Read More »
Banks tightened standards on commercial real estate loans during the third quarter but left lending practices for commercial and industrial loans virtually unchanged overall, according to a survey of loan officers released on Monday by the Federal Reserve. For households, some banks reported easing lending standards on mortgages eligible for ... Read More »
In Mumbai’s real estate landscape, prices generally reduce as one moves from the south to the northern suburbs. Today, most home buyers prefer properties in the suburbs, due to its affordability, connectivity to one’s work place and social infrastructure. Overview of Mumbai hotspots Kedar Joshi, CMO of Ahuja Constructions, points ... Read More »
New Delhi: Why does the real estate sector get so many cases of allegations of violating anti-trust principles? The Competition Commission of India (CCI) has dismissed another allegation of abuse of dominant position by realtor Supertech, the Press Trust of India reported on Tuesday. Many realtors face complaints of competition ... Read More »
MUMBAI: Private equity investments in real estate from January to September 2016 touched Rs 283 billion (US$ 4.24 billion), a 22% increase during the same period last year. Cushman & Wakefield’s latest report on Private Equity investments in Real Estate (PERE), released on Thursday, said about Rs 92 billion (US$ ... Read More »
HYDERABAD, NOVEMBER 3: Private equity inflows into real estate increased 22 per cent to Rs.28,300 crore (USD 4.24 billion) as of September 30 2016, up from Rs. 23,200 crore (USD 3.60 billion) recorded during the same period last year. Real estate consultancy Cushman & Wakefield in its report on Private ... Read More »
The government on Monday evening said it would soon notify the real estate rules which would see property registration fees being halved and developers being required to compensate allottees in case of delays in handing over the property. “Real estate developers will have to furnish additional information regarding the ongoing ... Read More »
NEW DELHI, OCTOBER 31: The Ministry of Housing and Urban Poverty Alleviation has notified the Real Estate (Regulation and Development) (General) Rules, 2016, for the five Union Territories without Legislature — Andaman & Nicobar Islands, Dadra & Nagar Haveli, Daman & Diu, Lakshadweep and Chandigarh, an official statement said on ... Read More »
NEW DELHI: Union government on Monday notified Real Estate (Regulation and Development) (General) Rules, 2016 which stipulate real estate developers furnish additional information regarding the ongoing projects besides depositing 70 per cent of unused funds in a separate bank account to ensure their completion. Under the new rules, the developers ... Read More »
