Realty Estate
Quikr Realty bags another 5-yr mandate for auctioning stressed properties
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.
 "Quikr Realty bags another 5-yr mandate for auctioning stressed properties")
RERA to approach RBI for one-time debt recast to overcome liquidity crisis
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
 "RERA to approach RBI for one-time debt recast to overcome liquidity crisis")
Rates for construction finance rise; LRD down as banks turn averse to lend
Construction finance rates have risen to 12.9 per cent in Q1 of the calender year 2020 from 11.9 per cent last year
Realtors bank on e-launches to generate sales amid coronavirus crisis
Puravankara, Oberoi, Shriram trying e-launches to fulfil pent-up demand
Realtors fazed by Piyush Goyal's take, say lower prices may not boost sales
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
 "Realtors fazed by Piyush Goyal's take, say lower prices may not boost sales")
DLF, Godrej Properties: Use dips to buy realty stocks for the long term
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
 "DLF, Godrej Properties: Use dips to buy realty stocks for the long term")
Credai reports 40-50% hike in cement, steel prices; alleges cartelisation
The association has written a letter to Minister of Housing and Urban Affairs Hardeep Singh Puri seeking his intervention in the matter
 "Credai reports 40-50% hike in cement, steel prices; alleges cartelisation")
Lodha group says it sold 300 apartments across projects during lockdown
Developer claims 80 units were sold on Sunday (April 26) across its residential portfolio with a high preference for ready-to-move inventories
 "Lodha group says it sold 300 apartments across projects during lockdown")
Realty, capital goods stocks gain; Indiabulls, Oberoi ReaIty rise 5%
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.
 "Realty, capital goods stocks gain; Indiabulls, Oberoi ReaIty rise 5%")
Realty check: Current rates and unit sizes in Rs 5 mn-10 mn price range
If you are looking at buying real estate, an idea about prevailing rates would come in handy
 "Realty check: Current rates and unit sizes in Rs 5 mn-10 mn price range")
Realty check: Current rates and unit sizes in the Rs 5 mn-1 cr price range
If you are looking at buying real estate, an idea about prevailing rates would come in handy
 "Realty check: Current rates and unit sizes in the Rs 5 mn-1 cr price range")
SBICAP Ventures vetting 18 realty projects for Rs 3,000-crore funding
The company is in talks with some global investors, including sovereign funds, for investment
 "SBICAP Ventures vetting 18 realty projects for Rs 3,000-crore funding")
Bengaluru realty market bucks trend to end 2019 on high note, says report
The increase in sales in East Bengaluru was also visible in the unsold inventory
 "Bengaluru realty market bucks trend to end 2019 on high note, says report")
 "Birla Estates launches interactive AI powered ChatBot LIDEA on WhatsApp")
Realty Check: Current rates and unit sizes in Rs 1-1.5 crore price range
If you are looking at buying real estate, an idea about prevailing rates would come in handy
 "Realty Check: Current rates and unit sizes in Rs 1-1.5 crore price range")
Housing projects under litigation not covered under Rs 25k cr fund: Govt
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.
 "Housing projects under litigation not covered under Rs 25k cr fund: Govt")
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
 "Market wrap, Nov 7: Bull run continues, Sensex ends at fresh closing peak")
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)
 "In pics: India's Top 10 most expensive housing locations")
Realty check: Current rates, unit sizes in Rs 50 lakhs-1 crore price range
If you are looking at buying real estate, an idea about prevailing rates would come in handy
 "Realty check: Current rates, unit sizes in Rs 50 lakhs-1 crore price range")
Water crisis: Construction ban in Bengaluru may dent realty sector growth
Bengaluru has been at the forefront of real estate recovery in the past few quarters
 "Water crisis: Construction ban in Bengaluru may dent realty sector growth")
