Realty Projects

Total income also declined to Rs 195.66 crore in the first quarter of the fiscal, from Rs 713.84 crore last year

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

The supply of new units also dropped by 81% during the period to 11,967.

The financial institution will put the money as investment in the proposed fund and will rope in a partner for real estate fund financing of distressed assets in the real estate sector

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

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

Developer claims 80 units were sold on Sunday (April 26) across its residential portfolio with a high preference for ready-to-move inventories

There will be a huge supply constraint and this in turn will continue to maintain the prices, or may even push the price of ready flats up, Vikas Oberoi says

If you are looking at buying real estate, an idea about prevailing rates would come in handy

On an average it took six-and-a-half years for large-sized projects of more than 500 units to be completed in the country, according to Anarock Property Consultant

The company is in talks with some global investors, including sovereign funds, for investment

The NCLAT has also said that if insolvency is initiated against a project, it will not extend to the entire company or any of its other projects

Parekh said there have been precedents of similar one-time reliefs being allowed by the RBI in the past including in 1993 and also after the global financial crisis.

If you are looking at buying real estate, an idea about prevailing rates would come in handy

The M3M group owns over 2,000 acres of prime land located right in the heart of Gurgaon and Delhi NCR

"Over 62% or about $58 billion of the total loan advances ($93 billion) to Indian real estate by banks and NBFCs/HFCs is currently completely stress-free," Anarock said in a statement

The reason: lack of clear legal rules and pricing issues

In a much-awaited relief for distressed home buyers awaiting possession of their flats, the Centre last week up to Rs 10,000 crore for completing housing projects

The government's recent announcement to set up a Realty AIF to the tune of Rs 25,000 crore to complete stalled projects is likely to give a new lease of life to the sector