As he built a successful real estate firm, Todd Kohlhepp’s behavior struck some as odd: watching pornographic videos during work, making macabre jokes in marketing literature and openly discussing that he was a sex offender. But he was also an award-winning agent described as a hard worker and good boss. ... Read More »
Indiabulls Real Estate Ltd ended at Rs 72.2, up by Rs 4.35 or 6.41% from its previous closing of Rs 67.85 on the BSE after the board will meet on November 24, to consider buyback of equity shares. Stock Commentary: The scrip opened at Rs 64.05 and touched a high ... Read More »
Real estate and jewellery continued to reel under selling pressure on Friday, three days after the government demonetised Rs 500 and Rs 1,000 notes in a bid to curb black money circulation in the economy. While the Nifty Realty index tanked nearly 5% in morning deals, stocks of most gems ... Read More »
There is currently a lot of debate happening on how the government’s demonetisation move will impact the real estate sector. The Nifty Realty Index fell almost 12% on Wednesday, purely on sentiment. While the bellwether indices are hinting at dark days ahead, these fears can at best be called unfounded ... Read More »
Banks continued to tighten lending standards to commercial real estate loans in the third quarter, according to a Federal Reserve survey released Monday. The Fed survey of senior loan officers of 69 domestic banks and 21 foreign banks found standards were tightened on all types of commercial real estate loans. ... Read More »
Banks tightened standards on commercial real estate loans during the third quarter but left lending practices for commercial and industrial loans virtually unchanged overall, according to a survey of loan officers released on Monday by the Federal Reserve. For households, some banks reported easing lending standards on mortgages eligible for ... Read More »
In Mumbai’s real estate landscape, prices generally reduce as one moves from the south to the northern suburbs. Today, most home buyers prefer properties in the suburbs, due to its affordability, connectivity to one’s work place and social infrastructure. Overview of Mumbai hotspots Kedar Joshi, CMO of Ahuja Constructions, points ... Read More »
New Delhi: Why does the real estate sector get so many cases of allegations of violating anti-trust principles? The Competition Commission of India (CCI) has dismissed another allegation of abuse of dominant position by realtor Supertech, the Press Trust of India reported on Tuesday. Many realtors face complaints of competition ... Read More »
MUMBAI: Private equity investments in real estate from January to September 2016 touched Rs 283 billion (US$ 4.24 billion), a 22% increase during the same period last year. Cushman & Wakefield’s latest report on Private Equity investments in Real Estate (PERE), released on Thursday, said about Rs 92 billion (US$ ... Read More »
HYDERABAD, NOVEMBER 3: Private equity inflows into real estate increased 22 per cent to Rs.28,300 crore (USD 4.24 billion) as of September 30 2016, up from Rs. 23,200 crore (USD 3.60 billion) recorded during the same period last year. Real estate consultancy Cushman & Wakefield in its report on Private ... Read More »
The government on Monday evening said it would soon notify the real estate rules which would see property registration fees being halved and developers being required to compensate allottees in case of delays in handing over the property. “Real estate developers will have to furnish additional information regarding the ongoing ... Read More »
NEW DELHI, OCTOBER 31: The Ministry of Housing and Urban Poverty Alleviation has notified the Real Estate (Regulation and Development) (General) Rules, 2016, for the five Union Territories without Legislature — Andaman & Nicobar Islands, Dadra & Nagar Haveli, Daman & Diu, Lakshadweep and Chandigarh, an official statement said on ... Read More »
