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Latest News
New DDA flats by Feb 2019 but size a dampener 
Publish on : 2018-12-15 12:24:32
NEW DELHI: There’s good and bad news for house aspirants in Delhi. The good news is that after much delay, Delhi Development Authority (DDA) is likely to launch its latest housing scheme in February 2019. The bad one is that the number of flats would be much less than earlier expected and out of t...
Mid income homes contributes 42% of the residential sales in 2HFY19: Report 
Publish on : 2018-12-12 19:08:59
Bengaluru: Mid income housing has emerged as the preferred segment for home buyers to purchase new homes even as the higher ticket size homes continues to see slow sales.  According to a recent study by real estate market place, Square Yards, the share of mid-market houses touched an all-time hig...
GST, infrastructure status props up warehousing realty growth
Publish on : 2018-12-04 10:51:03
 MUMBAI: The implementation of the Goods & Services Tax (GST) has sparked significant structural shifts in the Indian warehousing segment with smaller and fragmented warehouses getting consolidated into centralized warehousing hubs and an increasing focus on supply chain efficiencies.  Betwee...
Shadow banking crisis is now starting to hit India's consumers
Publish on : 2018-11-29 10:47:29
Karan Dua, an electronics shop owner in south-central Mumbai, placed his hope of crackling sales on Diwali -- the festival of lights when Indians splurge on everything from clothes to cars and jewelry to houses.  It hardly lit up business for the 35-year-old shop owner. Businesses like Dua’s are s...
JM Financial set to raise Rs 1,250 crore via retail bonds
Publish on : 2018-11-26 13:27:16
MUMBAI: JM FinancialNSE 2.02 % Credit Solutions (JMFL), a non-banking finance arm of JM Fin Group, will raise up to Rs 1,250 crore through retail bond sale, indicating that investors are likely to regain confidence in the sector.  The company, which lends to real estate builders, will offer rates...
L&T, Tata Power want a piece of Aarey forest land
Publish on : 2018-11-20 11:55:12
Activists blame government for opening up green belt for commercial use. After a series of land diversions in the Aarey forest in the last few decades, more applications are coming up for land allotments from private organisations and government.  Documents obtained by this newspaper under the RT...
WeWork India leases office area in Bengaluru, Mumbai and Gurugram
Publish on : 2018-11-17 11:53:33
October, WeWork’s India arm had picked 0.5 million sq ft of office space in one of the largest deals by a co- working company across the Mumbai Metropolitan Region and Bengaluru. “Traditional office setups include exorbitant real estate expenses amounting to 9-12% of overall operating costs wherea...
80% Navi Mumbai housing launches in affordable, mid-income segment in 5 years: Report
Publish on : 2018-11-13 11:04:27
MUMBAI: Nearly 80% of the overall residential projects launched between 2013 to first half of 2018 in Navi Mumbai were in the affordable to mid-income segment with price bracket of less than Rs 40 lakh and Rs 40 lakh to Rs 80 lakh, respectively, showed a report by ANAROCK Property Consultants and...
Indiabulls Housing Finance to sell stake in OakNorth
Publish on : 2018-11-10 12:25:04
Mumbai: Indiabulls Housing Finance plans to sell all or part of its 18.7 per cent stake in UK-based OakNorth Holdings within a month to a private equity fund. The deal, if it goes through, will help the company rake in over six times gain on investment in less than three years.  OakNorth Holdings...
Tata Realty frontrunner to buy Chennai land for Rs 500 crore.
Publish on : 2018-10-31 13:05:24
BENGALURU|MUMBAI: Tata Realty and Infrastructure Ltd (TRIL) has emerged as the frontrunner to acquire a 22-acre land parcel in Chennai from Xander Investment Management and Realvalue Promoters for about Rs 500 crore, two people aware of the development told ET.  If TRIL clinches the deal, it will...

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