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Category : Real Estate

Real Estate

Supreme Court clears Centre’s takeover of embattled real estate firm Unitech

Loknath Das 21 Jan 2020 2579 Views

Attorney General KK Venugopal told the Bench that the government was agreeable to revisit its 2017 proposal to take over the management control of Unitech and complete the projects so as to bring relief to around 30,000 hassled homebuyers. Accepting the government’s proposal to take over the management control of ... Read More »

Real Estate

Under the influence: When social-media stars promote real-estate

Loknath Das 12 Jan 2020 2575 Views

In a time when social media informs and influences us on everything — from fashion to food, politics and furniture, choosing a home via Instagram no longer seems far-fetched. And real-estate developers have sensed this. Many are tying up with beauty bloggers and lifestyle influencers to promote new projects, site ... Read More »

Real Estate

Discovering Interesting Real Estate Investment Options in New York and Miami with Rena Kliot, owner of Pulse International Realty

Loknath Das 04 Jan 2020 2712 Views

As turmoil continues to mount in Hong Kong and beyond, Chinese investors have fixed their gaze on the American real estate market to secure their assets. Although overall, New York City remains one of the most attractive locations, investors are not necessarily looking at condominiums and co-ops in distinct real ... Read More »

Real Estate

Stock market update: Realty shares up; Indiabulls Real Estate rises 2%

Loknath Das 14 Dec 2019 2674 Views

NEW DELHI: Realty shares were trading in the positive zone in Friday’s morning session. Shares of Indiabulls Real Estate Ltd. (up 2.45 per cent) , Phoenix MillsNSE 1.49 % Ltd. (up 2.26 per cent) , Oberoi RealtyNSE 2.95 % Ltd. (up 1.84 per cent) , Prestige Estates Projects Ltd. (up 1.78 per cent) , Godrej Properties ... Read More »

Real Estate

Hurun Real Estate Rich List 2019: Mangat Prabhat Lodha named India’s richest real estate tycoon

Loknath Das 10 Dec 2019 2647 Views

With a wealth of Rs 31,960 crore, Mumbai’s Mangal Prabhat Lodha and the family of Macrotech Developers retain the top spot as the country’s richest real estate developer. New Delhi’s Rajiv Singh of DLF secures the second spot with a wealth of Rs 25,080 crore, according to the GROHE Hurun ... Read More »

Real Estate

Nirlon inks Real Estate Transaction with JP Morgan

Loknath Das 06 Dec 2019 2645 Views

MUMBAI: Real Estate developer NirlonNSE -1.16 % today signed a long-term leave and license agreement with J.P. Morgan, the global banking and financial services provider, for premium office space at Nirlon Knowledge Park (NKP) in Mumbai. “Moving to Nirlon Knowledge Park helps us consolidate most of our offices in Mumbai into one location,” said Kalpana ... Read More »

Real Estate

Slump continues in real estate

Loknath Das 04 Dec 2019 2647 Views

More than a year ago, future of the real estate market in India was believed to be promising following the implementation of Real Estate (Regulation and Development) Act, 2016 (RERA).  The best part of this Act is that it envisages safety to the buyers and its implementation immediately led to ... Read More »

Real Estate

Real Estate stocks to do well even as underlying asset prices remain stagnant

Loknath Das 19 Nov 2019 2658 Views

. Jatin Khemani Whether it is real estate as physical assets or as stocks, there has been a lull for many years now. Will the two always move in tandem? Can real estate stocks do well even without real estate assets picking up? Before that, let’s understand why the real ... Read More »

Real Estate

Indiabulls Real Estate shares jump 5% on upbeat Q2 results

Loknath Das 12 Nov 2019 2662 Views

Shares of Indiabulls Real Estate Ltd (IBREL) on Monday climbed 5 per cent after the company reported nearly fourfold jump in consolidated net profit for the second quarter of the current financial year. The company’s scrip gained 4.04 per cent to close at Rs 76 on the BSE. During the ... Read More »

Real Estate

Real estate woes may not end with govt bailout plan

Loknath Das 11 Nov 2019 2689 Views

The Centre has come up with a ₹25,000 crore bailout package for the troubled real estate sector. The Centre will contribute ₹10,000 crore, while the rest is likely to come from banks and the Life Insurance Corporation of India. Will this fund help India? Mint takes a look. 1) What’s the idea behind the ... Read More »

Real Estate

US-based real estate firm Compass to hire 200 people for Hyderabad tech hub

Loknath Das 06 Nov 2019 2609 Views

US-based real estate technology company Compass on Tuesday announced plans for a new technology hub in Hyderabad with a strength of 200 engineering, product and design professionals. To be located in Hyderabad’s Hitec City, the new Compass tech hub will focus heavily on mobile applications. Compass said Jaideep Ganguly will ... Read More »

Real Estate

Email Communication In Real Estate: It’s Not Always Urgent

Loknath Das 02 Nov 2019 2632 Views

When faxes first came in I was still working primarily as an agent, and they seemed like magic. A … [+] The fax machine transformed our business. At first, I thought that was great. Documents spewed out of the fax machines all over my real estate office, printed on those rolls ... Read More »

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