Page 156 - Real Estate

As construction gets delayed, Chinese homebuyers refuse to pay mortgages

The payment refusals underscore how the storm engulfing China's property sector is now affecting the country's middle class, posing a threat to social stability

Ranveer Singh buys quadruplex worth Rs 119 crore near Shah Rukh's Mannat

Ranveer Singh has bought the quadruplex nearby SRK's Mannat along with his father Jugjeet Sundersingh Bhavnani's firm Oh Five Oh Media Works LLP

China stimulus unlikely to reverse rout in the global metals market

While Chinese stimulus played a role in rescuing industrial commodities from slumps in global demand, after the 2008 financial crisis, in late 2015, and in 2020, there's much more caution this time

Demand revival pushed housing sales up 2.5 times in H1CY22, prices up 7%

Housing sales in Delhi-NCR jumped 2.5 fold annually during January-June on revival in demand and lower base effect, while prices rose 7 per cent, according to property consultant Knight Frank India

Institutional investments in realty sector rises 14% during Jan-Jun period

Institutional investments in Indian real estate rose 14 per cent annually to USD 2.6 billion during the January-June period, driven by higher inflow in office and retail segments, according to property consultant Colliers India. Office segment received investments of USD 1,276.8 million in January-June 2022, up 20 per cent from USD 1,068.1 million in the year-ago period, the consultant said in a statement. Institutional investments in retail real estate jumped to USD 491.8 million from USD 77.2 million during the period under review. The alternative assets (like data centre) rose 53 per cent to USD 369.8 million from USD 241 million. Mixed use developments saw USD 230.7 million of inflow in January-June 2022 as against nil in January-June 2021. However, institutional investments in industrial & logistics assets fell 77 per cent to USD 179.8 million from USD 774.9 million. Residential segment saw 45 per cent fall in fund inflow to USD 86.4 million in January-June 2022 from USD ...

At home, in your swimming pool: How to splash in this luxurious indulgence

If you have the space and the money, add this place to relax and exercise

Oberoi Realty Q1 sales booking jumps manifold to Rs 752 crore in June

In terms of volume, Oberoi Realty's sales bookings stood at 4,01,182 square feet in April-June 2022 as compared to 92,128 square feet in the year-ago period

House of cards: How to bring down Supertech's concrete colossus in Noida

There is no cut-copy-paste method when it comes to demolitions

Residential sales hit 9-year high in the first half of 2022: Knight Frank

The rise in sales is despite the overall prices of residential property rising over time. Prices, according to Knight Frank, increased across all markets in the range of 3 per cent - 9 per cent YoY

Most Delhi-NCR builders see no rate hike-impact on housing demand: Survey

Around 68 per cent of respondents said there has been no impact on demand from recent increase in home loan lending rates, while 27 per cent suggested marginal decrease in sales/enquiry

Macrotech Developers Q1 sales bookings up nearly 3-fold to Rs 2,814 crore

Realty firm Macrotech Developers on Wednesday reported a nearly three-fold jump annually in its sales bookings at Rs 2,814 crore in the April-June quarter of this fiscal on strong demand for its residential properties. Macrotech Developers sells its properties under Lodha brand. It has a major presence in Mumbai Metropolitan Region (MMR) and Pune market. The company has recently forayed into Bengaluru. In a statement, Macrotech Developers said it has achieved a pre-sales of Rs 2,814 crore during the first quarter of 2022-23 fiscal, showing a robust increase of 194 per cent from the year-ago period. The sales in April-June 2021 were impacted due to the second wave of the Covid pandemic. The collections from customers in India rose 53 per cent annually to 2,616 crore. Net debt reduced by Rs 450 crore to Rs 8,858 crore. Commenting on the performance, Abhishek Lodha, MD & CEO, Macrotech Developers, said: "Q1FY23 was our best ever 1st quarter with Rs 2,814 crore of pre-sales from our .

This Mahindra Group stock has zoomed over 80% so far in 2022

Mahindra Lifespace hit a record high of Rs 439.85 and surged 6% on expectation of favorable demand situation in the Indian real estate sector.

Ahmedabad India's most affordable housing market in H1CY22: Knight Frank

All markets decline in affordability due to rise in home loan rates

Property registrations in Mumbai up 21 per cent YoY, the best in a decade

Property registrations in Mumbai increased by 21 per cent YoY in June to 9,525 units, a report by Knight Frank said

Most asset classes bled in the first 6 months of CY22, shows data

Domestic large-caps performed well when compared with global peers, with the Sensex dropping 9 per cent in the first six months of CY22 against a 20 per cent fall in the MSCI World index

Junk bond investors stung by China look to India and Southeast Asia

Asian junk bond investors are increasingly looking to smaller pockets of the market as a debt crisis among the biggest issuers, Chinese property developers, forces old playbooks to be rewritten

New house in Hong Kong sells for $111 million, the most this year

A new house in Hong Kong was sold for HK$870 million ($111 million), the highest price this year, buoying the city's slowing luxury market

Tipping point for realty sector: Room for double-digit growth in FY23

Price hikes, market-share gains have helped beat cost pressures, gain volumes

Homebuyers in Noida-Greater Noida worst hit; 165,000 units stalled

Homebuyers who booked flats in housing projects in the Noida-Greater Noida property market are worst affected, with over 165,000 flats worth Rs 1.18 trillion currently stalled or significantly delayed

Explained: What is Pradhan Mantri Awas Yojana and how to avail subsidy?

Pradhan Mantri Awas Yojana (PMAY) of the central government completes seven years today. Want to check your name on the list? Here's a step-by-step guide