Page 25 - Realty

Residential property sales will take a year to improve, say top realtors

Residential sales have seen a slowdown for the past five years and prices have stagnated due to poor demand

Home prices will remain flattish for another year, says Pirojsha Godrej

Real estate is a cyclical industry and adjusting the supply of projects is not very easy, unlike in manufacturing, says Godrej

Govt's Rs 25,000-cr realty fund may see some 'structural challenges'

A chief executive of PE fund who did not want to be quoted said it would take six to eight months to close the fund and start disbursing

Realty check: Current rates and unit sizes in Rs 2-2.5 crore price range

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

Moody's lowers Macrotech Developers' rating again, this time to Caa1

The earlier B3 rating was itself a downgrade, by Moody's this August, and indicating hightened credit risk

Premium realty players flock to affordable housing as prices rationalise

Brigade Group, which has built luxury homes and villas, announced its entry into affordable housing last year

Hiranandani group to invest Rs 500 crore to develop a new housing project

Hiranandani group is selling apartments in this project at Rs 1.25 crore onwards.

Realty check: Current rates, unit sizes in Rs 50 lakh-Rs 1 cr price range

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

Realty firms may raise over $25 bn in 3 years via REITs: Anarock report

Real estate developers may raise more than USD 25 billion over the next three years by listing their rent-yielding commercial properties through the Real Estate Investment Trusts (REITs) route, according to realty consultant Anarock. Earlier this year, global investment firm Blackstone and realty firm Embassy group launched India's first REIT to raise Rs 4,750 crore. Their joint venture firm Embassy Office Parks listed its rental assets on the exchanges. "Commercial REITs may raise over USD 25 billion for Indian real estate over the next three years. This involves the listing of more than 150 million sq ft of rent-yielding Grade A office properties across top seven cities - covering 25-30 per cent of the overall Grade A office space in these cities," said Shobhit Agarwal, MD & CEO Anarock Capital. Currently, the top seven cities -- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad and Pune -- have close to 550 million sq ft Grade A office supply - of which 310-320 million

Homebuyers unlikely to gain from reduction in corporation tax rates

Property developers are unlikely to pass on any benefit to homebuyers in the form of price cuts

IL&FS debacle, slump in real estate led to default, says Altico Capital

Management has sought signing of ICA by lenders to restructure liabilities

Tata Realty, Actis look to raise $1 billion for commercial properties

The duo is doubling the size of the $500-million platform, which it floated in 2015

Unsold inventory for top real estate developers scales new high in FY19

Rises to 30 months worth of revenue, up from 24 months a year ago

Banking on Phase 5 project, DLF provides sales guidance of Rs 2,700 cr

DLF has earmarked a capital expenditure of Rs 200 crore this year for its Chennai project

Real estate attracts $34 billion PE investment since 2014: Report

The share of residential segment has shrunk over the years due to slowdown in the housing sector, the report said

Realty market to add 200 million sq ft space across segments in 2019: CBRE

Housing sales are expected to rise in 2019, as the realty market is on a recovery path after absorbing the impact of policy reforms like RERA, GST and note ban, according to CBRE. CBRE said 200 million sq ft of space will be added in 2019 across all segments including housing, office, retail and logistics. The real estate stock in India will reach 3.7 trillion sq ft at the end of this year, the consultant said in a report 'Real Estate Market Outlook 2019 - India' released here. "The growth of the Indian Real Estate market in 2019 will be driven by numerous factors including technology, demand-supply dynamics, improved ease of doing business rankings and the dust settling post the implementation of reforms such as GST, RERA among others," said Anshuman Magazine, Chairman & CEO of CBRE India. He further said, significant growth across segments, will lead to the addition of almost 200 million sq ft of new real estate space in 2019 across categories including office, retail, ...

Realty check: Current rates and unit sizes in Rs 1.5-2 crore price range

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

Realty check: Current rates and unit sizes in Rs 30-50 lakh price range

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

JLL says home sales up 40% in top cities, other analysts disagree

According to JLL, from the sales perspective, Hyderabad and Kolkata were the standout performers with growth rates of 277 % & 230 %

Weak rupee, regulatory changes make realty attractive for NRIs: Experts

Property prices have reduced by 10% or more compared to last year