Realty Estate

Online-to-offline brokerage business Quikr Realty on Monday said it has bagged a five-year mandate from capital markets regulator Sebi for auctioning of over Rs 7,000-crore stressed properties. This is second stint of empanelment of Quikr Realty, erstwhile HDFC Realty, by Sebi for valuation and liquidation of stressed assets, the company said in a statement. "This multi-year empanelment which is renewed for another five years will leverage the company's pan-India builder relationshipsand the transaction mandate includes over Rs 7,000 crore worth stressed properties," it said. Quikr Realty, however, did not specify the key stressed projects forwhich it had received the mandate. The company has builder relationships across 22 cities and more than 4,800 brokers in its network to oversee real estate e-auctions. Quikr Realty's earlier associations with Sebi included liquidation of Pearls Agrotech Corporation (PACL), Sahara and Unitech assets.

CREDAI and Naredco have been demanding one time restructuring of developers outstanding loans with financial institutions to prevent bad loans and making them eligible for fresh borrowings

Construction finance rates have risen to 12.9 per cent in Q1 of the calender year 2020 from 11.9 per cent last year

Puravankara, Oberoi, Shriram trying e-launches to fulfil pent-up demand

Commerce minister had urged developers not to wait for govt aid or markets to rationalise but start lowering prices and write off their earlier investments as bad business decisions

Real estate stocks were in limelight on Thursday, after Union Minister of Commerce & Industry asked developers to cut prices and sell inventory rather than wait for the market to bounce back

The association has written a letter to Minister of Housing and Urban Affairs Hardeep Singh Puri seeking his intervention in the matter

Developer claims 80 units were sold on Sunday (April 26) across its residential portfolio with a high preference for ready-to-move inventories

At 11:03 am, the S&P BSE Capital Goods index, the top gainer among sectoral indices, was trading nearly 4 per cent higher at 12,071 points.

If you are looking at buying real estate, an idea about prevailing rates would come in handy

If you are looking at buying real estate, an idea about prevailing rates would come in handy

The company is in talks with some global investors, including sovereign funds, for investment

The increase in sales in East Bengaluru was also visible in the unsold inventory

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If you are looking at buying real estate, an idea about prevailing rates would come in handy

The Union Cabinet had on Wednesday approved the establishment of a 'special window' fund to provide priority debt financing for the completion of stalled housing projects.

Market wrap, Nov 7: Bull run continues, Sensex ends at fresh closing peak

Equity markets witnessed yet another record-breaking session on Thursday as investor sentiment remained buoyed on Rs 25,000 crore booster dose for the realty sector

In pics: India's Top 10 most expensive housing locations

ANAROCK'S top 10 rankings are based on the average prices of all new luxury units launched between 2013 and the first half of 2019 (H1-2019)

If you are looking at buying real estate, an idea about prevailing rates would come in handy

Bengaluru has been at the forefront of real estate recovery in the past few quarters