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Stagnant property prices fail to take sheen off Mumbai land deals

Sales have declined 2% in the fourth quarter of the financial year 2018-19

Godrej family hires top law firms to untangle land holdings worth Rs 20k-cr

The Godrej group owns 3,400 acres in Vikhroli, a northeastern suburb of Mumbai. Of this, about 1,000 acres can be developed

Global PEs bullish on India credit business even as NBFCs feel the pinch

NBFCs have been battling liquidity issues since the IL&FS defaulted in August last year.

Warburg Pincus-backed Stellar to set up 35 logistics parks in 21 cities

Currently, Stellar has a total logistics area of 10 million sq ft, including five million sq ft of covered logistics space.

Blackstone buys 'One BKC' building in Mumbai for Rs 2,600 crore

Radius Developers, which owns the building, had mortgaged the property to Indiabulls Housing Finance, to which it owed about Rs 1,600 crore

Big listed real estate companies drive profits home in a dull market

BSE Realty Index, which tracks listed developers, has gone up 19 per cent since the beginning of the year, while BSE Sensex went up just 10 per cent

PE-backed housing platforms bet big on mid-income housing projects

The reduction in GST rates for affordable housing, added with the credit-linked subsidy scheme of the central government, has pushed the demand for such houses

Embassy group to acquire 28% promoter stake in Indiabulls realty arm

Indiabulls realty arm Indiabulls will exit realty; Embassy will become a pan-India player

Former Brookfield Financial honchos set up investment banking firm

Though Swamy and Brookfield were in talks for a management buyout, this did not go through, sources said

50% of south-central Mumbai's high-end apartments unsold: Anarock Property

The reasons it gives include rocketing prices and a demand-supply mismatch

Companies pitch for GST rate cut as Modi govt takes charge second time

Durable, automobile and real estate players have been lobbying hard for a tax cut, saying it will boost demand

PE funds betting on malls for higher rental yield, rising consumption

PE funds seem to be betting on the attractive rental yields and appreciation in asset prices

Warbug Pincus, Runwal form JV to build malls, commit $200 mn each

Runwal Group already operates four malls in Mumbai with a total leasable area of approximately 2 million sqft

Lodha Developers plans to repay its debt, faces delay in asset sales

Lodha plans to repay £290 million (Rs 2,600 crore) from sales at the 48CS project in London for which it had taken the loan

Blackstone looks to buy more of under-construction office projects

Blackstone was an early entrant into office property and information technology (IT) parks

Brookfield, GIC may not set up any investment trusts in near term

Brookfield owns six special economic zones of Unitech Corporate Parks, the commercial property portfolio of the Hiranandani family in Powai along with Equinox Business Park in Mumbai

GST Council's plan for real estate sector may not find many takers

Sector seeks expansion of price band of affordable housing, lower tax on cement, pins hopes on post-poll reforms

Brookfield looks to spread its wings in South for commercial deals

Canadian Investor taps Bengaluru, Hyderabad, Pune for commercial deals

March may be the worst FY19 month for realtors as homebuyers delay payments

Last month, the GST Council reduced GST on under-construction properties, from 12 per cent to 5 per cent for under-construction properties

APG, Piramal look to raise second fund to invest in infra projects in India

Piramal and APG had each initially committed $375 million for investment under the JV