HUBBALLI: After bringing the Real Estate Regulation Act (RERA) to protect interest of consumers, the Union government is mulling reforms in procedures for giving approvals to building construction and layout development, Union Minister for Urban Development M Venkaiah Naidu said on Saturday. Inaugurating a two-day convention of Karnataka chapter of ... Read More »
In yet another ruling upholding the rights of homebuyers, the Supreme Court directed real estate company Supertech to refund money to those who wanted to opt out of one of its projects in Noida, Uttar Pradesh. Using strong language, the apex court told the builder that it wasn’t concerned if ... Read More »
The interest rate-sensitive real estate and utilities sectors suffered on Friday after atop policymaker at the Federal Reserve argued that a “reasonable case” could be made for a rate rise ahead of the central bank’s monetary policy meeting this month. Investors rotated out of the utilities sector, which declined 3.8 ... Read More »
sector in the S&P 500, bringing the broad market index up to 11 divisions. The move primarily affects real estate investment trusts (REITs), moving 28 issues with nearly $600 billion in market cap out of the financial sector and into the new real estate heading. The decision came primarily because ... Read More »
Bengaluru: Builders across cities are rushing to complete the projects they promised as courts and customers hold them to their words ahead of tighter real estate regulation. The result: A large number of projects that were stuck are now set to be completed and delivered during the current financial year, ... Read More »
There is significant money to be made in Europe by investing and lending where local banks cannot, two prominent private fund managers told attendees of a U.S. hedge fund conference on Friday. “The most attractive opportunity in this environment is to step in where the banks are least able to ... Read More »
In the past decade, Indian as well as global corporates have shifted a lot of their focus on green commercial buildings. This increasing interest has led to an accelerated availability of such products, services and also enthusiasm from builders catering to this segment. There has also been a significant increase ... Read More »
In Bangalore, the year 2015 ended with hopes and expectations rising that the New Year would bring fresh impetus to the flagging real estate sector. The real estate sector in the city was a bit of a mixed bag with the demand for commercial real estate in the city being ... Read More »
We hear so frequently about the players behind Manhattan’s billion-dollar real estate projects and how foreign investors are pouring a global vault’s worth of currency into New York City property, often shielded by LLCs. It’s illuminating to get a closer look at the city’s larger real estate landscape–one that has changed ... Read More »
Long before anyone worried about drones crashing through the front window, winemaker Paul Masson built a chateau in the hills above Saratoga. Now it’s for sale. You can have it for $7 million — not bad in the Silicon Valley real estate market, where paying upwards of $5 million for ... Read More »
A change is coming at the end of the month in the way stock indexes are classified. Real estate, now part of the broader financials category, will go out on its own. But before you yawn and say that the change seems akin to moving the deck chairs around on ... Read More »
WITH complaints from flat buyers against unfair practices by real estate firms piling up from across the state, a proposal to appoint multiple housing regulators is now under consideration, sources said. At last count, about 37,000 such cases were pending in the consumer redressal forum, official data shows. Mumbai, the ... Read More »
