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Local developers rope in global realty firms to boost project prospects

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

Godrej Properties, Oberoi Realty eye bigger share despite market slump

Godrej Properties is prepared to withstand the downturn in the sector and capture opportunities that arise due to the crisis, said its chairman Pirojsha Godrej in the company's latest annual report

CBI probe, funds crunch, ratings downgrade: The many troubles of GVK Group

This comes at a time when the GVK group is already fighting multiple battles.

These co-living startups are helping tenants sail through Covid-19

Firms are waiving the rent of those who have lost their jobs during the pandemic

Rates for construction finance rise; LRD down as banks turn averse to lend

Construction finance rates have risen to 12.9 per cent in Q1 of the calender year 2020 from 11.9 per cent last year

Covid-19 impact: MNCs strike big rental deals despite work from home push

RMZ, one of the biggest owners of office properties in southern India, has done a handful of lease rental deals with global firms in recent weeks.

Brookfield to acquire Jet Airways' Mumbai office for Rs 490 crore

According to real estate experts, the price quoted by Brookfield is fair value given the current market conditions. Brookfield declined to comment on the matter.

Blackstone sells Embassy Office Parks REIT units for Rs 2,270 crore

Post this deal, Blackstone stake will come down by around nine per cent from around 55 per cent shareholding earlier.

Godrej Properties Q4 PBT falls 23% on five-fold spike in raw material cost

Revenue up 10%, firm claims it posted its best-ever quarterly performance in terms of value of real estate sold

Covid-19: On-site construction labourers turn weary of Mumbai's lockdown

Anxious, home-sick and with monsoons approaching, labourers want to return home

Reliance Retail posts 33% rise in Ebitda, revenue grows at 4.2% in Q4 FY20

Its revenues for FY20 grew by 24.8 per cent on a yearly basis to Rs 62,936 crore. Ebitda for FY20 grew by 56 per cent y-o-y to Rs 9,654 crore.

Covid-19 outbreak: Real estate majors rule out price cuts after lockdown

Despite fall in sales, supply constraints may keep prices firm

Realty of coronavirus: Big developers to gain, small ones may go bust

Consolidation in real estate industry since 2012 is likely to strengthen after the pandemic ends, say analysts.

Realty fund managers cautious about investments after coronavirus lockdown

With demand being muted for at least the next six months, developers would face severe cashflow challenges which could slow down the pace of construction further, say Motilal Oswal

Realty fund managers cautious about investments after Covid-19 lockdown

Fund managers say demand for homes will be muted for the next six months

Covid-19 a wake-up call, says Ratan Tata in outreach to slum dwellers

Tata said while slums are blamed as the cause of current problem, slum-dwellers are not being properly taken care of

Covid-19 impact: Institutional investments in realty fall 58% in March qtr

Total investments in FY 2019-20 have been the lowest in four years, down by 13% to $4.26 billion over previous year levels of $ 4.78 billion

Realty developers may see a 20% fall in housing prices, says Deepak Parekh

He said it was an excellent buying opportunity for potential homebuyers with job security and savings.

ASK Group plans to launch Rs 1,000-crore property fund post lockdown

The fund manager feels there is good demand from first time homebuyers and developers need capital in the current scenario

Hit by coronavirus lockdown, residential builders stare at a bleak 2020

CREDAI-MCHI, a body of developers in Mumbai, has pegged the drop in sales booking at around 80 per cent in the February-March period this year