Page 196 - Real Estate

Brookfield REIT issue may spur investment, demand in commercial real estate

Brookfield's proposal to launch REIT public issue for raising over Rs 4,000 crore augurs well for the future of India's office market, according to realty experts.

From tax collection to car sales, India's economic recovery picks up pace

GST mop-up at 7-month high, manufacturing PMI at 8-year high, but new projects down 81% in Q2

Even as economy reopens, new projects continue decline; down 82% YoY in Sep

Value of new projects in September lower than in June which saw the worst of lockdown

Housing sales rebound to 65% of pre-Covid, new launches at 79% of Q4FY20

Affordable and mid-segment housing units priced up to Rs 80 lakh formed 72% of total new supplies

Uptick in demand to buy, rent homes in smaller cities post Covid-19: Report

The demand for residential properties for buying and renting is rising in tier-2 and -3 cities after the outbreak of Covid, driven by reverse migration of large number of workforce to smaller towns

A tale of two Britains: Covid led homes market boom deepens social divide

A post-lockdown stampede for bigger houses outside of urban areas in the new work-from-home age has sparked a fresh boom in Britain's housing market

Covid-19: Housing sales fell 46% in July-Sep; 57% in Jan-Sep on low demand

During the January-September period this year sales have declined by 57 per cent to 87,460 units, from 2,02,200 units a year ago

Home sales up 34% QoQ in third quarter of calendar 2020, velocity down: JLL

The expected time to liquidate stock has increased from 3.6 years in Q2 of 2020 to four years in Q3, says a report by JLL Research

Sales of new homes surged 4.8% in August to annual rate of 1 million units

Sales of new homes rose by a very strong 4.8 per cent in August to a seasonally-adjusted annual rate of 1.01 million units.

Bhutani Infra to invest Rs 5,000 cr on 3 projects in Noida over 4 yrs

Out of 2 million sq ft area that has been completed, the company has leased around 1 million sq ft area and is in talks to put on rent the remaining area

Residential property deals and rentals skid in metros on Covid-19, WFH

The situation is worst in Mumbai, Delhi while Gurugram and Bengaluru are not affected as badly

Private equity inflow in real estate down 85% to $866 mn in Jan-Aug: Report

The private equity (PE) inflow stood at $5,795 million in the corresponding period of the previous year

Covid-19 impact: Worst over, but auto, retail, real estate still ailing

These sectors account for nearly a fourth of India's GDP

DHFL seeks loan dues of Rs 112 cr from Pune-based realtor, guarantors

The PNG Jewellers statement said the company is neither an investor nor a partner in Landscape Realty, and added that the developer is an "independent entity in the real estate business"

How Covid-19 will change the way we live

The Covid-19 pandemic has changed the design and aesthetics of the living space in more ways than one. While 'work from home' and online classes have more or less become the new normal, there is an emerging trend in the way homes are being done up in order to accommodate WFH, study-from-home, and even fitness and entertainment. Namrata Kohli speaks to Dr Niranjan Hiranandani, founder-chairman, Hiranandani Group, and national president, Naredco, to understand how the pandemic will change how we live. Read this story by Namrata Kohli to learn the nitty-gritty of renovating the house to make it Covid-compliant. https://mybs.in/2YQKXS0

Suitors opting out of race for Lavasa over fall in realty prices

Haldiram, Oberoi Realty's plans hit; No pick up in demand expected in next 2-3 years

Telangana Assembly passes bills for landmark land reforms

The Telangana Assembly on Friday passed various Bills to bring major reforms in the state's Revenue Department by reducing human interface for land transactions

Debt recast at real estate project level to revive sector: Experts

Developers revive stalled projects faster, but someone will have to take a haircut, say industry players

Tile players' turnover likely to decline 15-25% in FY21, says ICRA

The Covid-19 pandemic has exacerbated weakness in the domestic tile demand, following the negative impact on its end-consumer industry, the real estate sector, ratings agency ICRA said on Monday

Real estate sector welcomes RBI approval of Kamath panel's debt recast plan

The committee has selected 26 sectors, including real estate, which will require restructuring based on its analyses of financial parameters hit due to the economic crash caused by the Covid-19