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Sand prices are ruling high in Visakhapatnam district after the introduction of the new sand policy by the Andhra Pradesh Government and builders say it is very difficult to take up new projects or complete the ongoing ones.
Sand prices are ruling high in Visakhapatnam district after the introduction of the new sand policy by the Andhra Pradesh Government and builders say it is very difficult to take up new projects or complete the ongoing ones.

High sand prices, curbs hit construction in Vizag

Our Bureau

Sand prices are still ruling high in Visakhapatnam district even after the introduction of the n... »

‘Real estate development and focus on affordable housing will keep growing’

VENKATESH GOPALKRISHNAN
President (Business Development) &
Chief Investment Officer, Shapoorji
Pallonji Real Estate

S Shanker

With land in possession for building over 50 million sq ft, the real estate arm of the Shapoo... »

Who’ll blink first: buyers or builders?

Meera Siva, BL Research Bureau

Home developers and buyers are playing a waiting game. While builders are going slow on n... »

CCI can’t solve all real estate problems, says Chairman

Our Bureau

Competition Commission of India Chairman, Ashok Chalwa has said the CCI cannot solve all prob... »

SBI officers’ mega housing project

LN Revathy

State Bank of India Officers’ Association, Chennai Circle, has embarked on a mega housing projec... »

Real Estate Bill to be reality soon: Venkaiah

Our Bureau

The Real Estate Development and Regulation Bill is in the final stage of consultation after talks with various stakeholders, Urban Development Minister M Venkaiah Naidu said on Monday. “I... »

Chartered Housing launches new project in Bengaluru

Our Bureau 

Chartered Housing, a Bengaluru-based real estate company, has launch a new residential project, Chartered Humming Bird. The new project is aimed at creating efficient living spaces for all living... »

At monthly rent of $1 per square feet, Bangalore is most affordable in Asia

Anil Urs

Bangalore is turning out to be the hottest destination for multinational real estate investors as rentals in the city are the lowest while the yields are the highest among cities across Asi... »

Indiabulls Real Estate’s debt rises 67% to Rs 5,083 cr

PTI

Indiabulls Real Estate’s net debt has increased by 67 per cent to Rs 5,083 crore at the end of the second quarter of the current fiscal mainly due to acquisition of prime property in Central Londo... »

Parsvnath Developers profit up

Our Bureau

Real estate player Parsvnath Developers has reported a 1.1 per cent growth in net profit at ₹12.65 crore in the second quarter of this fiscal compared with ₹12.51 crore in the correspondin... »

DLF net profit up 9% at Rs 109 cr

Our Bureau

Real estate major DLF posted a 9 per cent increase in net profit at Rs 109.06 crore in the second quarter of this fiscal, compared with Rs 100.05 crore in the same quarter last year. &nbs... »

Sobha posts 5.12% growth in Q2 profits

In the last 20 years, Sobha has delivered 95 real estate and 253
contractual projects, totalling 65.83 million sq ft.

Our Bureau

Sobha Limited on unaudited consolidated basis has posted 5.12 per cent growth in its profits to Rs 59.5 crore for second quarter of 2014-15 compared with Rs 56.6 crore recorded in the same pe... »

Jain Heights raises $6 m from Amplus Capital Advisors

Our Bureau

Jain Heights and Structures, a Bangalore-based real estate developer, has raised $6 million from Amplus Capital Advisors, an Ahmedabad-based real estate fund for its upcoming residential p... »

India’s super-rich to spur realty sector abroad

Bindu D Menon

High net worth individuals from India will be major investors into the real estate sector abroad as housing sector improves globally. Liam Bailey, Global Head Research, Knight Fra... »

Godrej Properties Q2 net profit up 36% at Rs 46.6 cr

PTI

Realty firm Godrej Properties Ltd today reported a 36 per cent increase in its consolidated net profit at Rs 46.6 crore for the quarter ended September 30. It had posted a net profit of... »

Milestone Capital plans to raise Rs 500 cr for real estate fund

Milestone Capital exits Godrej's Kolkata residential project

CII to develop 20 model energy conservation units

Opening the floor for development

NRI investors drag ICICI to court in Mauritius

VBHC opens office in Dubai

Asset Homes to sell insured apartments

Sobha Q2 sales bookings drop 12% to Rs 559 cr

Tata Value Homes, Housing.com tie up

Our Bureau

Tata Value Homes has entered into a tie-up with Housing.com to sell four of its upcoming projects. Interestingly, the inventory in these four projects will be sold only through the online... »

Mumbai top investment destination among UAE-based Indians

PTI

Despite high property prices, India’s commercial capital Mumbai has once again emerged as the most popular and attractive property investment hotspot amongst UAE-based Indian expats. As... »

National Games prefab structures up for grabs

Our Bureau

The National Games Secretariat is in the process of preparing a post-games legacy plan for reuse and sale of assets created for the forthcoming 35th National Games in Kerala. Tenders... »

Credai moots for zero garbage in housing complexes

Our Bureau 

The real estate trade body, Confederation of Real Estate Developers Associations' of India (CREDAI), today announced that the association has launched a campaign for ‘zero garbage in the housing c... »

DLF debt up 4% at Rs 19,944 cr, to raise Rs 3,600 cr via CMBS

PTI

Realty firm DLF’s net debt rose by Rs 817 crore during the second quarter of this fiscal to Rs 19,944 crore, while it plans to raise Rs 3,600 crore through an issue of securities backed by commerc... »

Unitech pegs loss at ₹14.69 cr, awaits more demand for housing

 Our Bureau

Real estate major Unitech Ltd has posted a net loss of ₹14.69 crore for the second quarter of this fiscal. For the corresponding quarter last year, it had posted a profit o... »

‘By March, $10 billion of real estate investment trusts may get listed if Govt provides tax relief’

Alastair Hughes, CEO (Asia Pacific) of Jones Lang LaSalle (JLL)

Anil Urs

Alastair Hughes, CEO (Asia Pacific) of Jones Lang LaSalle (JLL), who was in Bangalore to hold a board meeting of the Asia Pacific region comprising China, Japan, Australia, South East Asia... »

Ambience to invest ₹1,945 cr on two housing projects

Our Bureau

Delhi-based real estate company Ambience Group on Tuesday said that it is set to invest around ₹1,945 crore over the next four years on two housing projects in Gurgaon and Noida. The com... »

Govt to issue clarification on FDI in construction

Amitabh Kant, Secretary, DIPP

Our Bureau

The Government will soon clarify rules guiding the recently liberalised foreign direct investment (FDI) norms in the construction development sector.“We will issue clarification in the n... »

TPG Capital-led consortium acquires property services co DTZ

Amrita Nair-Ghaswalla

TPG Capital, a private equity and venture capital firm, along with a private investment consortium of PAG Asia Capital and Ontario Teachers’ Pension Plan has completed the purchase of property ser... »

Southern Investments launches luxury housing project

PE investment in realty sector jumps over 2-fold to Rs 8,900 cr

Construction FDI: opening the doors to home developers, buyers

Property prices likely to remain stable: survey

Cabinet proposal for FDI in construction development silent on land-use norms

Emaar MGF, PayU tie up for online payment facility

Realty sector could not leverage market recovery, says JLL chief

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