Real Estate

Maharashtra will hike stamp duty on property deals by 1% from April

Maharashtra will hike stamp duty on property deals by 1% from April

State govt’s concession from stamp duty hike ends in March; duty to increase by 1 per cent

Investors pick up 16.82 million units for Rs 494 crore in Brookfield India REIT

Investors pick up 16.82 million units for Rs 494 crore in Brookfield India REIT

The units were allotted to HDFC Life Insurance Company, Housing Development Finance Corporation and State Bank of India

Ajmera Realty starts Rs 900 crore Wadala residential project

Ajmera Realty starts Rs 900 crore Wadala residential project

With an estimated sales value of ₹1,500 crore and an estimated cost of ₹900 crore, the project plot will comprise 540 residential flats and 18 ret

Sale of land with electricity poles, drainage line not to attract GST, says Goa AAR

The ruling is contrary to the Gujarat AAR verdict

Aided by stamp duty cut, Greater Kolkata witness jump in residential property registration

As per the Knight Frank India report, a 2 per cent duty cut helped a 64 per cent growth in 2021. 

Homes could get costlier by upwards of 10 per cent as construction costs increase

Construction cost are north-bound, up 15 per cent or so, with key building materials and labour charges witnessing inflationary pressures

Hyderabad realty beats pandemic blues in H2 2021: Knight Frank India

Residential, office property register 142 per cent sales growth at 24,312 units

Co-living brand Housr ventures into rental homes

Housr Homes offers tech-enabled smart living with fully furnished and managed residences.

Commercial real estate could see temporary delays in leasing due to Omicron: Savills India CEO Anurag Mathur

In an interview to BusinessLine, Mathur talks about the likely impact of Omicron on the real estate sector in 2022, outlook for the year and rising de

Embassy Office Parks REIT does not see any significant impact of Omicron on rentals, office space absorptions

Increasing demand for high quality office space by technology and global captives which will benefit institutional landlords like Embassy REIT

DLF sees ₹1,500 crore of sales for ONE Midtown project

Pune realty: New launches surge 48.5%, inventory drops to a 7-year low in 2021

Overall, the Pune residential real estate market is gathering momentum sequentially.

Warehousing demand witness 35% rise in Tier-I cities in 2021

Driven by e-commerce and manufacturing sectors, there are about 4,200 plus acres of manufacturing and warehousing land transactions.

Only 32 realty projects registered under Delhi RERA

The homebuyers are not getting protection because of grey areas in the law.

Managed workspace provider Simpliwork forays into Chennai

Leases 64,000 sq.ft. centre for SBI Cards.

NCR reports 65 per cent increase in residential sales in 2021, office space absorption up 38 per cent

New launches rise 110 per cent YoY

EMAAR properties to build a shopping mall in Srinagar

This is the first FDI investment in Jammu and Kashmir

Real Estate institutional investments down by 17% to $4b in 2021: Colliers India

However, 2021 was one of the best years for the industrial and logistics and residential sectors, accounting for about half of the total investments a

YEAR ENDER/ REAL ESTATE Will 2022 be the year to drive more occupancy for India’s real estate?

Pent-up demand and low interest rates could drive up residential sales in the immediate quarters

Omicron will delay planned return to office timelines by around 3 months: Colliers CEO Ramesh Nair

In an interview to BusinessLine, Ramesh Nair talks about the overall real estate sector, investment trends, and emerging asset classes.

CREDAI to organise property show in Hyderabad in February 2022

The event will present only TS-RERA approved property

Ahmedabad most affordable housing market in India, followed by Pune: Knight Frank

‘Home loan rates of less than 6.5% have helped enhance affordability’

Raymond incorporates new firm for real estate business

Board of Directors of Raymond approved and passed an enabling resolution to infuse funds up to ₹150 crore

Real estate At $420-m, investment in residential sector tops last year’s volumes

Gross absorption in 2022 should be about 15-20 per cent higher: Colliers

Boost to J&K real estate sector: Lt Gov, Manoj Sinha

39 MoUs involving an investment potential of ₹18,900 crore were inked between NAREDCO developers and J&K Government

Asset Homes customers to avail Aster@Home services

This scheme benefits the customers living in the Asset Homes residential complexes in Kannur, Kozhikode, Thrissur, and Ernakulam.

Commercial real estate likely to see uptick in 3-6 months: Deloitte India’s Vijay KR

Is the Indian realty market witnessing institutional investor interest?

Construction firms likely to see 12-15% growth in FY22: ICRA

‘Operating profitability is expected to moderate by 100-200 bps, with increase in key raw material cost and increased competitive intensity’

Realty Pent up demand to translate into healthy office leasing traction in 2022: ICRA

Residential sales up over last year, says the ratings agency

Realty sector shrugs off pandemic blues in Hyderabad

Backed by growth in IT, BFSI, pharma, demand is back: CREDAI report

L&T bags ₹1,560-crore contract from Prestige Group

The work involves building structures and finishes for 13 million sq ft of built-up area.

Puravankara to add 14 million sq ft of developable space in next 6-9 months, reduce debt

These new launches will cover its home city of Bengaluru and Chennai, Kochi, Coimbatore and Mumbai

JSW One Homes opens design studio in Coimbatore

Offers technology-enabled end-to-end home construction solutions

Need for workplace flexibility and safety will impact real estate sector: CBRE South Asia

Nearly 80 per cent of senior business leaders are prioritising physical offices

Co-living segment expecting recovery in 2022: Colliers

The segment is expected to have 4,50,000 beds mainly driven by organised players by 2024

Motilal Oswal Real Estate plans additional funds of ₹1,000 cr for this fiscal

MORE had committed ₹1,200 crore in the last 18 months

‘Institutional investments in real estate is more broad-based in 2021’

For the first time in a decade, property sale registrations in Mumbai crosses 1,00,000-mark

Consumer sentiment in the Mumbai housing market remains strong, says Shishir Baijal, CMD, Knight Frank India

NCR, Hyderabad, Mumbai lead in new real estate launches for CY’2021

However, other key markets like Kolkata, Navi Mumbai, Bengaluru, Chennai and Thane reported a decline