the slowdown in the real estate sector seems to be impacting the larger players as well contradictory to the expectations of the market. Oberoi realty reported weak earnings in Q2FY20, where the booking value fell 43 percent at Rs 323 crore and sales volume fell 39 percent at 0.14msf compared ... Read More »

Indian stocks were trading with mild gains in early noon session amid high volatility on Wednesday, i.e. October 9. At 11:25 am, the S&P BSE Sensex inched up 40.30 points, or 0.1%, to 37,572.28, while the Nifty 50 index was up 15.35 points, or 0.14%, to 11,141.75. Yes Bank, DHFL, ... Read More »

Making money in real estate isn’t for everyone. It takes grit, time, and most importantly, cash. According to Brent Sutherland, a certified financial planner, real-estate investing is a decidedly “non-traditional” method for building wealth, but a powerful one nonetheless, he wrote in an article published on CoachCarson.com. When he was 35, Sutherland ... Read More »

GOA: The Income Tax Department carried out a search operation on Thursday covering six premises of two groups involved in the sale-purchase of hotel resorts at Goa. One of the groups covered currently owns a large property at Goa on which a 5-star resort project is being built. The group is engaged ... Read More »

New Delhi: Bengaluru-based Embassy group has no immediate plans to increase its stake in Indiabulls Real Estate Ltd from the current nearly 14 per cent, the company’s CMD Jitu Virwani said. “There is no plan right now,” Virwani told PTI when asked about the company’s plan to raise stake in Indiabulls Real ... Read More »

Realtors are now depending on ‘properly utilization of space’ to come up with units that will appeal to the buyers. Real estate is coming back on track, thanks to the multiple policy decisions taken by the government recently. The sector seems to have left the tougher times behind and is ... Read More »

The Modi government for the last few years has been doing its best to give a boost to the sagging realty market. Real estate is in limbo. Not only now, but for a long time. Probably from the time the economic downturn began in 2008. Anyway when the global financial ... Read More »

SAN FRANCISCO (GLOBE NEWSWIRE) — Zephyr Real Estate’s civic-minded agents once again step up to give back to their community. Last Saturday. Andrew Roth, Greg Ulin and Holly Welch helped organize the annual Greenbrae Picnic in the Park. The lead sponsors of the event were the Greenbrae Property Owners Association and ... Read More »

Default by real estate-focused non-banking financier Altico Capital indicates the rising cash crunch with the developers, which is credit negative for banks given their exposure to the realty sector, warns a report. Poor liquidity had last week forced Altico Capital to default on an under-Rs 20-crore scheduled interest payment on an ECB loan from ... Read More »

The fund will be professionally managed by experts who will examine the projects that can get funding. The government will set up the Rs 20,000 crore fund to provide last mile funding to the stuck housing projects on the lines of the National Investment and Infrastructure Fund (NIIF). The fund ... Read More »

BL Research Bureau At a time when the real estate sector is in doldrums with the S&P BSE Realty index declining 4 per cent in the last year and 2 per cent in the last six months, Embassy Office Parks REIT (real estate investment trust) has given nearly 24 per cent return ... Read More »

Motilal Oswal Real Estate, the real estate private equity arm of Motilal Oswal Group, has made over Rs 525 crore of exits across seven investments through its India Realty Excellence Fund II and India Realty Excellence Fund III. These exits have been made in projects of developers such as Casagrand Builders in Chennai, ... Read More »