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 »

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 »

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 »

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 »

Join us for our latest TUPE Club webinar, focussing on the key considerations on TUPE in the commercial real estate sector. During the webinar we’ll talk about: The basics of TUPE How and when TUPE matters in the commercial real estate sector, with a focus on: Buying / selling property ... Read More »

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 »