Real Estate Revival

Among individual stocks, Sunteck Realty jumped as much as 12.29 per cent to Rs 239.80 per share. DLF, Brigade Enterprises, Indiabulls Real Estate, and Oberoi Realty gained in the range of 5-9 per cent

Gujarat Chief Minister Vijay Rupani has approved construction of buildings of 70 floors or more in five major cities of the state

In a Q&A, the chairman of Godrej Properties says collections, which are linked to construction milestones, have also improved

They are using the development management model under which the global firm constructs, markets and leases the project for a fee

Among other aspects, they are pushing to extend the definition of "affordable housing" to homes costing up to Rs 75 lakh as against a maximum of Rs 45 lakh right now

Realty stocks are trading mixed at the bourses on Thursday. While Unitech, HDIL, NBCC and DLF lost ground, Indiabulls Real Esate, Brigade Enterprises, Ansal Properties and Oberoi Realty gained ground

India was ranked 35th in the index during 2018 bi-annual survey, while the country was at 36th position in 2016 and 39th in 2014

Mumbai-based Oberoi Realty for the first time is looking at launching a sub-Rs 1 crore apartment project in Thane, on the outskirts of Mumbai

Potential buyers face risks on two counts. The first is a possible salary cut or even job loss

The govt has already extended project completion and registration by six months and extended credit-linked subsidy scheme by a year

The govt has already extended project completion and registration by six months and extended credit-linked subsidy scheme by a year

Falling rates to help; rise in group exposure limits will support large companies

With the Covid crisis continuing to wreak havoc in the market, its short-term impact in the coming 6-12 months is likely to be quite a dampener for the recovery of the real estate sector

A large number of housing and commercial projects are lying stuck in UP. Besides, the ongoing projects are also witnessing cancellations by investors and buyers because of the dip in earnings

Home buyers, on the other hand, will have to wait longer to take possession

In a Q&A, Mohit Malhotra says his firm used technology to boost sales during lockdown and explains how consolidation in the industry will help the company once the curbs are lifted

Naredco president Niranjan Hiranandani calls for six-month suspension of insolvency law, wants stimulus package for all industries put together to be at least 10% of GDP

Real estate developers, battling a prolonged slowdown in demand, are struggling to raise funds to construct or complete projects

Although residential sector continues to face head winds, there could be opportunities brewing in the distressed space

In SBI's scheme, the buyer pays only the down payment. The developer pays the interest during the construction period