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Despite Covid-19, Embassy REIT bullish on India

Says India continues to offer employee cost advantage, affordable rentals

Covid-19 wrecks havoc on Bengaluru’s office space deals

Office transactions decline 42%, new supply falls 48%

Hyderabad’s office market slows due to Covid crisis: Knight Frank India

Residential sales nearly halved

Covid-19 impact: Office property sales fell 37% in H1 2020, says Knight Frank

However, average rental in top eight cities up 4 per cent

Arth Designbuild on expansion mode, secures $1.1 million funding from Startup-O, Eden Ventures

Arth Designbuild India, a construction technology and solutions provider, is on expansion mode after recently securing $1.1 million funding from ...

Project registrations under RERA jump 24 per cent over the last year

Project registrations under the Real Estate (Regulation and Development) Act (RERA) jumped 24 per cent from 43,208 projects by end July 2019 to 53,364 ...

Ajay Piramal seeks hedge funds' help to rescue half-built homes

Piramal Enterprises Ltd scouts for new investors to help raise cash and fund working capital for the real estate projects it lends

NoBroker.com launches property management services with rental guarantee for owners

Brokerage-free, real estate platform NoBroker.com has launched comprehensive property management services with rental guarantee for NRI property ...

Morgan Stanley will lease up to 1.1-million sq feet office space from Oberoi Realty

To consolidate Mumbai Global In-house Centre operations to a single campus

Home affordability at a 9-year high: Gera Pune Residential Realty Report

The latest reduction in interest rates has led to increased affordability, now at 3.79 times one’s annual income, and this is the best time to buy a ...

ADDA app offers solution for management of apartment complexes

In a survey carried out among residents, apartment management software ADDA has found that 67 per cent of visitors to a residential community daily ...

India ranks 34th in Global Real Estate Transparency Index 2020 by JLL

Higher levels of ranking are due to regulatory reforms, enhanced market data, and sustainability initiatives.

SC grants interim bail to Unitech promoter Sanjay Chandra

The Supreme Court on Tuesday granted interim bail to Unitech Ltd promoter Sanjay Chandra, in jail for around three years for allegedly siphoning off ...

Lockdown impact: Sobha’s Q1 sales bookings down 37 per cent at ₹488 cr

Realty firm Sobha Ltd’s sales bookings fell 37 per cent during April-June quarter to ₹487.7 crore due to the nationwide lockdown to control the ...

RERA pitches for one-time debt recast in realty

Real estate regulators will write within a week to the RBI, seeking one-time debt restructuring for the industry to help developers overcome the ...

Akshaya launches boutique office space project on OMR

Realty company Akshaya has announced the launch of what it calls a first-of-its-kind and Grade-A boutique office space project ― CUBE ― on OMR (Old ...

PM Awas: Five lakh houses grounded for construction in Maharashtra

Over five lakh houses under Pradhan Mantri Awas Yojana ( PMAY-Urban) are either grounded or completed in Maharashtra.About 11,95,425 houses have been ...

Despite Covid-19, over 55,000 residential units sold in Jan-June: Anarock

Despite the prevailing crisis created by the pandemic, 57,940 residential units were sold, and sales continued to exceed launches in the first half ...

Realtors seek interest rate cut, EMI waiver boosting buyer sentiment

The real estate developer community has appealed to the government to help reduce the home loan interest rate to 5 per cent and raise the limit for ...

JLL India partners RoofandFloor to sell residential properties

The platform showcases properties across 24 cities and supports buying, selling and resale

Realty companies can pay GST on shortfall in input procurement from dealers by June 30

Real estate companies that opted for lower Goods and Services Tax (GST) rates of 1 per cent and 5 per cent from April 1, 2019, but could not procure ...

Vrihis Properties buys Jet Airways’ Bandra Kurla office premises for ₹490 crore

Brookfield Asset Management's subsidiary, Vrihis Properties Pvt Ltd, has purchased Jet Airways' office premises at Bandra Kurla Complex (BKC) In ...

Brookfield Asset Management set to acquire Jet Airways Bandra Kurla Complex office premises

Brookfield Asset Management is set to acquire Jet Airways office premises at Bandra Kurla Complex (BKC) in Mumbai.The two floors of the Godrej ...

35 lakh houses handed over to beneficiaries under PMAY-Urban: Hardeep Singh Puri

Thirty-five lakh houses have so far been delivered to beneficiaries under the Pradhan Mantri Awas Yojana (PMAY-Urban) while 65 lakh houses are ...

PMO to look into realty crisis, protect buyers’ interest

The PM’s office was responding to a petition filed by Mumbai-based Samachar Foundation

Blackstone looks to sell a small stake in Embassy REIT

Private equity firm Blackstone is planning to sell its stake worth $250-300 million in Bengaluru-based Embassy Office Parks REIT through a block ...

4.66 lakh homes scheduled for 2020 delivery may miss deadline: Anarock

Homebuyers’ wait to get longer as labour shortage hits realty

Sale of developed plots not the same as land sale; will attract GST: Authority for Advance Rulings

Provision of water, electricity, other primary amenities constitutes rendering of services, says AAR

Covid fallout: How waiving of rent impacts developers

Mall, multiplex operators, commercial property developers could take a revenue hit

Property developers see the need for adoption of tech-tools in selling

Use of tech tools in the realty space did not see much traction until recently. Covid-19 and successive lock downs in the aftermath - to contain/ ...

Average market prices of flats in major cities 6-75 per cent higher than circle rates

Circle rates are the minimum values set by a State government below which a property cannot be registered

Coming soon in a Melbourne suburb: A ‘Tendulkar Drive’, ‘Kohli Crescent’ and ‘Dev Terrace’

A new housing estate being developed on Rockbank suburb of Melbourne will have streets named after Indian cricket greats including Sachin Tendulkar, ...