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Category : Real Estate

Real Estate

Will scrapping on Article 370 open up real estate sector in J&K, Ladakh?

Loknath Das 06 Aug 2019 736 Views

Home Minister Amit Shah on August 5 proposed the scrapping of Article 370 that accords special status to Jammu and Kashmir. The Centre informed Parliament that the state of Jammu and Kashmir (J&K) would be bifurcated into two Union Territories (UTs) – Jammu and Kashmir would become a Union Territory ... Read More »

Real Estate

Arizona Retirement System plans $2.7bn real estate investments by 2023

Loknath Das 27 Jul 2019 653 Views

Arizona State Retirement System intends to invest $2.7bn (€2.4bn) in real estate over next the four years to enable it to reach its 20% allocation target. In a board meeting document, the $38bn US pension fund’s consultant RCLCO Real Estate Advisors said part of the plan would involve the selling ... Read More »

Real Estate

Dubai’s real estate slump catches up with the city’s finance hub

Loknath Das 23 Jul 2019 598 Views

Walk into the latest expansion of Dubai’s financial district and you’ll see a handful of small art galleries, some upscale men’s tailors and plenty of retail space waiting for takers. The DubaiInternational Financial Centre isn’t being spared a slump in the emirate’s retail and property market as it struggles to attract ... Read More »

Real Estate

Jeffrey Epstein’s $56 million mansion could become a real-estate nightmare

Loknath Das 13 Jul 2019 616 Views

Jeffrey Epstein lived in what’s reportedly one of the largest private homes in Manhattan, where he allegedly sexually abused underaged girls, an allegation so horrific, real-estate experts say people will go out of their way to avoid walking down the block. Epstein has pleaded not guilty to the charges. Epstein’s ... Read More »

Real Estate

Over 50 per cent builders exit top real estate markets due to entry of large players in nine Indian cities

Loknath Das 09 Jul 2019 768 Views

A long-drawn sales slowdown coupled with the entry of large players has forced over 50 per cent of developers to exit the realty market in top nine Indian cities, with the number of operating developers going down from 3,538 in 2011-12 to just 1,745 in 2017-18. Experts hint that there ... Read More »

Real Estate

Budget 2019: Real estate looks for infrastructure status, push to rental housing in the upcoming Budget

Loknath Das 03 Jul 2019 410 Views

Budget 2019-20: Expectation from the government in Budget 2019-20 is to frame a National Rental Housing Policy in order to meet the target of Housing for all by 2022. Union Budget 2019 India: Despite the Narendra Modi government’s constant focus on improving housing, real estate is perhaps the only sector of the ... Read More »

Real Estate

Real Estate Buzz: Startups fuel student housing business in India

Loknath Das 02 Jul 2019 551 Views

Sensing the potential of the student housing market, many start-ups have entered the fray. Student housing providers such as Oxfordcaps, Tribestays, PLACIO, Stanza Living, Campus Student Communities, Housr, Simplyguest, etc. currently operate in Delhi, Pune, Bengaluru, Noida, Mumbai, Indore, Dehradun, Ahmedabad and Jaipur. The top 10 players in the organized ... Read More »

Real Estate

Will real estate find enough money to come out of doldrums?

Loknath Das 28 Jun 2019 685 Views

There is not enough money for the industry to build residential houses. So why should you be worried as a property buyer? Unless there is institutional money available to build the towers, you may not get the houses you have booked or are planning to book. “With a plethora of new laws ... Read More »

Real Estate

This Fintech Firm’s Investing Platform Could Change Real Estate Forever

Loknath Das 26 Jun 2019 585 Views

If someone walked up to you and asked how technology makes your life better, you could probably rattle off at least a dozen examples in under a minute, citing everything from mobile coffee apps and on-demand streaming to smart home systems and tele-health services. But what if someone asked you ... Read More »

Real Estate

The NBA’s Unlikely Real Estate Mogul: Inside Luol Deng’s Towering $125 Million Portfolio

Loknath Das 22 Jun 2019 449 Views

Luol Deng has spent 15 years in the NBA and has always put up solid numbers, averaging nearly 15 points per contest over 900-plus games. The 34-year-old forward, who played for the Minnesota Timberwolves this past season, has never been the headliner on any of the five teams he’s played ... Read More »

Real Estate

Indians buying more real estate abroad: Outbound capital doubles on overseas commercial property purchase

Loknath Das 19 Jun 2019 618 Views

Indians are investing more in real estate in foreign countries India’s outbound capital in buying commercial property overseas nearly doubling in the last financial year said a report. Now standing at $0.7 billion, the increase has been witnessed in 12 months to Q1 2019 while the past number stood at ... Read More »

Real Estate

IL&FS likely to sell its headquarters, non-core real estate assets to reduce debt, says report

Loknath Das 02 Jun 2019 383 Views

Crisis-ridden Infrastructure Leasing and Financial Services (IL&FS) is planning to sell its Mumbai headquarters, along with other non-core real estate assets, in order to raise up to Rs 6,000 crore to reduce debt, reported The Economic Times. The move comes as the firm tries to reduce close to Rs 94,000 crore ... Read More »

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