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Offices, Affordable Housing Keep Realty Afloat

Publish on : 2020-01-01 15:09:02

India'S Property Industry Continued Its Choppy Ride Through 2019 With Commercial Assets Finding More Takers Even As Affordable Homes, Underpinned By Federal Sops And Lower Interest Rates, Bucked The Tepid Demand Trend In The Residential Real-Estate Market. Liquidity Pressure On Builders On The...

Ncds Preferred Route For Government Aif To Invest In Stuck Realty Projects

Publish on : 2019-12-28 11:34:51

Mumbai: The Government’S Alternate Investment Fund (Aif) Worth Rs 25,000 Crore, Aiming To Offer Last Mile Funding To Stuck Housing Projects, Will Be Investing In Them Through Non-Convertible Debentures (Ncds), And Hopes To Generate 15-17% Returns, Said Two Persons With Direct Knowledge Of Developmen...

Gic To Pick Up Rs 430 - Crore Stake In Prestige Estates

Publish on : 2019-12-26 18:11:44

Mumbai: Singapore’S Sovereign Fund Gic Is Investing Around Rs 430 Crore In Listed Real Estate Developer Prestige Estates Through A Preferential Issue Of Equity Shares. Gic-Managed Investment Firm Gamnat Pte Will Acquire 13.4 Million Equity Shares Of The Bengaluru-Based Company At Rs 323.22 Per Sh...

Indiabulls Real Estate Sells Commercial Assets In Gurugram, Mumbai To Blackstone For Rs 810 Crore

Publish on : 2019-12-24 16:31:15

New Delhi: Realty Firm Indiabulls Real Estate Has Agreed To Sell Commercial Projects In Mumbai And Gurugram To Global Investment Firm Blackstone For An Enterprise Value Of Rs 810.7 Crore. The Mumbai-Based Developer Said That The Company And Its Certain Subsidiaries, Have Entered Into Definitive Agre...

Jaypee Homebuyers' Body Urges Flat Owners, Bankers To Vote For Nbcc Bid In Insolvency Process

Publish on : 2019-12-20 18:46:30

Jaypee Infratech Homebuyers Association Has Urged All Flat Owners And Lenders To Vote In Favour Of State-Owned Nbcc'S Bid To Acquire Debt-Laden Realty Firm As The Public Sector Firm Has Experience To Develop Large Projects And Townships In The National Capital Region. Nbcc And Suraksha Realty Are...

Godrej Properties Adds Four New Residential Projects To Its Development Portfolio

Publish on : 2019-12-16 13:27:22

Mumbai: Realty Developer Godrej Properties Nse 3.18 % Has Added Three New Projects In Mumbai Metropolitan Region (Mmr) In The Micro Markets Of Navi Mumbai, Ambernath, And Thane And One New Project In North Bangalore. These New Projects Will Add Around 12.70 Million Sq Ft To Its Development Portfolio...

Mumbai Luxury Home Prices Likely To Fall By 1% In 2020 As Buyers Tread Cautiously: Report

Publish on : 2019-12-14 16:29:16

Mumbai: Prices Of Luxury Homes In Mumbai, The Country’S Most Expensive Property Market, Are Estimated To Fall By 1% In 2020. India’S Commercial Capital Has Emerged As The 7Th Global City In Terms Of Expected Price Appreciation, In Percentage Terms, Of Prime Residential Properties, Showed A Knight Fr...

South Mumbai Bungalow Sale May Fetch Up To Rs 100 Crore

Publish on : 2019-12-12 18:35:17

Mumbai: A Four-Storey Bungalow In South Mumbai’S Plush Altamount Road Has Been Put On The Block By Its Owner, The Munshi Family. The Property, Spread Over Nearly 5,700 Sq Ft Plot, Is Estimated To Fetch About Rs 95-100 Crore, Said Property Market Experts. The Ground Plus Four-Storey Structure Wa...

Ncr-Based Real Estate Group Admits Rs 3,000-Crore Black Money After I-T Raids

Publish on : 2019-12-09 14:04:40

New Delhi: An Undisclosed Income Of Over Rs 3,000 Crore Has Been Admitted" By A Ncr-Based Real Estate Group After The Income Tax Department Raided It Recently, The Cbdt Said In A Statement On Monday. Though The Central Board Of Direct Taxes (Cbdt) Did Not Identify The Firm, Officials Sources Clai...

Real Estate Ancillary Industries Counting On ‘Stress Fund’ For Revival

Publish on : 2019-12-05 12:34:34

New Delhi: Real Estate Ancillary Industriesnse -0.66 % Such As Elevator, Tile And Pipe Manufacturers Are Counting On The Government’S Rs 25,000 Crore Stress Fund For Reviving Stalled Projects To Improve Their Business Prospects. Indiamart, An Online B2B Marketplace Connecting Buyers And Suppliers...