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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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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, [...]

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) [...]

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 [...]

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 [...]

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 [...]