Page 2 - Real Estate Revival

Office space leasing at record 10.82 mn sq ft in Delhi-NCR in 2019: Report

Delhi-NCR's share in total net office space leasing and new supply across seven major cities stood at 23 per cent and 26 per cent, respectively

Piramal Realty inks joint-venture with Omkar Realtors for Mumbai project

The company intends to develop 2.2 million sq ft over 4 acres and plans to invest Rs 3,000 crore over the next few years

There is economic slowdown, but no signs of recession: FM Sitharaman

The finance minister touched upon the difficulties in meeting the fiscal deficit, and indirectly signalled a fiscal slippage for the year

Govt's realty fund too small? JLL India says Rs 70k-cr needed for revival

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

Demand for affordable, mid-segment homes to keep driving realty: Experts

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

The Indian middle class needs to learn that house prices can fall too

If you want to fix the housing sector, fix the market for houses - don't try to bail out projects, developers, banks or homeowners

SBICAP Ventures spots 12 stuck housing projects in first funding round

Most of the stalled projects are in eight large cities and 60 per cent of them are in the Mumbai Metropolitan Region and National Capital Region

Realty stimulus: Investors must not bet on NBFCs just yet, say experts

Many non-banking housing financiers have, over the past few months, witnessed deterioration in their wholesale real-estate asset loan book, warranting higher provisioning and thereby limiting growth

Investment in Category-II AIFs saw five-fold increase in 3 years: Sebi data

An alternative investment fund is a vehicle where the minimum investment is Rs 1 crore

Rs 25,000-cr boost for realty: Govt sets up fund to revive stalled projects

Targeted at affordable and middle-income housing units, the fund will address residential properties in Mumbai that are priced below Rs 2 crore

Boost for realty: Govt, SBI, LIC create Rs 25k-cr fund for stalled projects

Move comes a day after Finance Minister Nirmala Sitharaman announced the government was readying more reform measures to boost economy

Housing sales dip over 9% in Q2 as slowdown weighs on buyers' sentiment

This is the fourth such report that has shown fall in housing sales during the third quarter of the 2019 calendar year

Realty market sentiment in Q2 plummets to demonetisation level: Report

Further, the Future Sentiment Index dropped to an all-time low of 49 in Q3 2019 calendar year

Govt steps fell short of expectations, didn't address key demands: CREDAI

CREDAI's National Chairman Jaxay Shah said the fund created for completing the stalled real estate projects will have limited impact

Realty sector welcomes stimulus for stalled projects, but says more needed

They rued that the government has not adequately addressed the issue of demand slowdown and lower sales

Economic slowdown fallout: Realty major Lodha group lays off 400 employees

However, a spokesperson for the largest realty player in India attributed the lay-offs to performance reviews

Realtors seek cheaper loans and uniform GST norms to revive sector

Developers are hoping this week's announcement will bring some relief

Top 10 business headlines: Modi's economic plan, stimulus package & more

From SoftBank eyeing stake in Airtel's telecom biz and other assets to Anil Agarwal's expression of interest to revive Jet Airways, here are the top 10 business headlines for Monday

Revival in realty? Home sales are up, Rs 25-50 lakh bracket most preferred

Even as developers struggle with mounting debt, key cities barring the National Capital Region have witnessed a 5 per cent annual rise in home sales in the quarter ended December 2018.