Loknath Das 26 May 2019 596 Views
The Modi Government in its first term is credited for bringing some landmark steps to vitalise and boost the Indian real estate industry. Real Estate [Regulation and Development] Act (RERA), demonetisation, real estate investment trust (REIT) and GST have been instrumental in bringing the industry towards more organisation, transparency and ... Read More »
Loknath Das 14 May 2019 255 Views
Adi Godrej, Chairman, Godrej Group, talks about the fourth quarter results of the company, expectation from election results and its acquisition plans during an interview with Anurag Shah, Zee Business. Excerpts: Q: What can be the reason behind the decline in your chemical and crop protection business? And, what is ... Read More »
Loknath Das 13 May 2019 270 Views
India’s real estate market, which has attracted top dollars from global and domestic investors over the years, is going through an interesting phase where each asset class in the segment has taken a journey of its own. The residential real estate segment, for instance, is emerging from the much-needed regulatory ... Read More »
Loknath Das 30 Apr 2019 232 Views
Housr, the newest entrant in the co-living industry, announced its operations on Tuesday. Founded by two real-estate veterans, Deepak Anand and Kalpesh Mehta, Housr is a super aggregator of properties, which creates experiences, fosters communities through state-of-the-art technology-enabled co-living spaces. Housr has received investment from marquee real estate veterans like ... Read More »
Loknath Das 29 Apr 2019 203 Views
The long winter for the real estate sector may finally be giving way to the green shoots of spring. Hobbled by a protracted period of stagnation and capital woes, the sector is showing signs of coming off a long bend in the road. This is true of, at least as ... Read More »
Loknath Das 23 Apr 2019 286 Views
Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has rejected applications of nearly three dozen commercial and residential real estate projects located in Lucknow, Gautam Buddha Nagar, Ghaziabad, Varanasi, Agra, Bareilly and Meerut as the concerned developers had not completed the formalities or the requisite documentation required for registration, top ... Read More »
Loknath Das 13 Apr 2019 254 Views
Moscow’s real estate costs rose at some of the highest rates in the world last year, the global real estate and investment firm CBRE Group said Thursday. The city of some 12.5 million people has seen its cost of living fall this year and it ranked outside the world’s 50 most expensive cities last ... Read More »
Loknath Das 12 Apr 2019 222 Views
BENGALURU: Hyderabad is attracting large institutional investors like Blackstone, Xanderand Ascendas India Trust as they look to tap the growing commercial market in the region. The city saw a sudden burst in investments in 2018, attracting more than $1.1 billion of private equity, a more than three-fold increase in investments compared to the collective previous threeyear period, according to ANAROCK ... Read More »
Loknath Das 06 Apr 2019 237 Views
Motilal OswalNSE 4.26 % Real Estate (MORE), the real estate private equity arm of Motilal Oswal Financial Services, has achieved the second close of its fourth real estate fund – India Realty Excellence Fund IV (IREF IV) – with commitments totalling Rs 850 crore. It has raised funds mainly from high-net-worth individuals and ... Read More »
Loknath Das 05 Apr 2019 260 Views
Reduction in repo rate by another 25 basis points will bring down construction finance costs and ease out home loan rates, giving yet another boost to the real estate sector. Since February 2019, RBI has cut the repo rate by 50 basis points, bringing it down to the April 2018 ... Read More »
Loknath Das 25 Mar 2019 249 Views
Estimates peg yields from residential real estate at between 2 and 5 percent and commercial between 8 and 10 percent Image: Frederic Soltan / Corbis via Getty Images India’s real estate sector has been in the doldrums for a while. Unsold inventories were a nightmare for builders even as prices ... Read More »
Loknath Das 10 Mar 2019 263 Views
NEW YORK, N.Y.–(BUSINESS WIRE)–Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that Tae-Sik Yoon, its Chief Financial Officer, is scheduled to present at the RBC Capital Markets Financial Institutions Conference on Wednesday, March 13, 2019 at 10:40 am EDT in New York, NY. A live audio webcast of the presentation ... Read More »