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How infrastructure push will impact real estate sector

How infrastructure push will impact real estate sector

The Central government has identified 100 cities across the country for infrastructure development under the Smart City Mission. Infrastructure is a key driver of the economy of a country and is known to play a pivotal role in determining the value of properties in any particular region. Lack of road, rail or air connectivity to [...]

February 19, 2020 Loknath Das Real Estate Comments Off on How infrastructure push will impact real estate sector

NCR sitting on unsold real estate inventory worth over Rs 77,000 crore: Report

NCR sitting on unsold real estate inventory worth over Rs 77,000 crore: Report

With residential sales on the decline, real estate developers in NCR are sitting on an unsold inventory worth over Rs 77,000 crore, a study has said. Housing sales declined 38 percent in Noida during the third quarter year-on-year while sales numbers fell by 6 percent in Gurguram. In terms of launches, Gurugram witnessed a YoY [...]

February 18, 2020 Loknath Das Real Estate Comments Off on NCR sitting on unsold real estate inventory worth over Rs 77,000 crore: Report

10 booked for threatening real estate firm staffer

10 booked for threatening real estate firm staffer

Representational Photo : Get Ready for the Best Innings of Your Lives With Dosti Realty’s “I Pay Less” Campaign A legal officer working with a real estate company behind Rajpath Club has filed a complaint of threatening and intimidation and use of obscene language against 10 persons with the Vastrapur police. Kaushik Patel (42), resident of Rajyog [...]

February 10, 2020 Loknath Das Real Estate Comments Off on 10 booked for threatening real estate firm staffer

RBI measures for commercial real estate to boost market, economy mood: Yashpal Gupta, Repco Home Fin

RBI measures for commercial real estate to boost market, economy mood: Yashpal Gupta, Repco Home Fin

Repco does not have a very large exposure to commercial loans. But in general, you have to identify the importance of this move. How will life change for a commercial real estate lender? First of all, we have zero exposure to commercial real estate but this move is definitely positive. One, it changes the mood [...]

February 7, 2020 Loknath Das Real Estate Comments Off on RBI measures for commercial real estate to boost market, economy mood: Yashpal Gupta, Repco Home Fin

Top LA real estate agent’s $1 million mistake is now his biggest lesson for aspiring entrepreneurs

Top LA real estate agent’s $1 million mistake is now his biggest lesson for aspiring entrepreneurs

Aaron Kirman Starting your own business is one of the most difficult career paths to navigate, and even the most successful entrepreneur makes mistakes. But to really succeed, you need to take risks and understand you will not be successful right from the get-go. It takes a long time to grow a business — and [...]

February 5, 2020 Loknath Das Real Estate Comments Off on Top LA real estate agent’s $1 million mistake is now his biggest lesson for aspiring entrepreneurs

Real Estate Fund First of Its Kind to be Regulated by the FMA

Real Estate Fund First of Its Kind to be Regulated by the FMA

RE Fund Europe has been noted as a leader within digital securities for months now.  Unsurprisingly, it is a European nation, Liechtenstein, in which a new tokenized real estate based fund has been launched. The development of said fund was possible through the collaboration of two companies – Token Factory and Bank Frick. Bringing to the Table In this [...]

January 22, 2020 Loknath Das Real Estate Comments Off on Real Estate Fund First of Its Kind to be Regulated by the FMA

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

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

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 embattled realtor Unitech, the Supreme [...]

January 21, 2020 Loknath Das Real Estate Comments Off on Supreme Court clears Centre’s takeover of embattled real estate firm Unitech

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

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

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 estate markets like Manhattan. Instead, [...]

January 4, 2020 Loknath Das Real Estate Comments Off on Discovering Interesting Real Estate Investment Options in New York and Miami with Rena Kliot, owner of Pulse International Realty

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

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

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 Ltd. (up 1.26 per cent) [...]

December 14, 2019 Loknath Das Real Estate Comments Off on Stock market update: Realty shares up; Indiabulls Real Estate rises 2%

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

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

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 India Real Estate Rich List [...]

December 10, 2019 Loknath Das Real Estate Comments Off on Hurun Real Estate Rich List 2019: Mangat Prabhat Lodha named India’s richest real estate tycoon

Nirlon inks Real Estate Transaction with JP Morgan

Nirlon inks Real Estate Transaction with JP Morgan

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 Morparia, Chairman, South and Southeast [...]

December 6, 2019 Loknath Das Real Estate Comments Off on Nirlon inks Real Estate Transaction with JP Morgan

Slump continues in real estate

Slump continues in real estate

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 fall in property prices in [...]

December 4, 2019 Loknath Das Real Estate Comments Off on Slump continues in real estate