If you are looking at buying real estate, an idea about prevailing rates would come in handy
However, a spokesperson for the largest realty player in India attributed the lay-offs to performance reviews
To chair another meeting to discuss stalled projects
CRISIL Research believes that though the number of unsold inventory remains moderate to high in the metros, the share of ready-to-move properties is small
Mitsubishi is in talks with Bengaluru-based Embassy group to build commercial properties in southern India and is in negotiations with other developers for similar tie-ups
Zoho veteran Prabhu Ramachandran and friends have built an 'Alexa' for buildings which offers real-time facilities management to commercial real estate owners
Technologies like data analytics, cloud and blockchain are enabling real estate developers monitor projects real-time, sell properties online
The FM wants banks, developers and the ministry to work in a collaborative way for the sector
A meeting of bankers will take place on how to revive it. Reforms have happened already, like implementation of the Real Estate Act
At least 50,000 units of new residential property are set to come up over the next three years
With the aggregate property inventory level expected to fall to the long-term average in 16 months, the window available to you before prices start rising again is limited
Report said the contribution of real estate sector in the country's GDP is expected to double at 13% by 2025
56% of total investment includes residential projects, townships
Government had announced a slew of sops for the affordable segment in the Union budget
The global realty investments into India rose by 3 per cent annually in the last two years and they are likely to see a similar trend in 2017 as well, according to a report by a leading property consultancy. Global investors are optimistic about the country's long-term economic potential and this will drive the flow of funds into the sector, it said According to Cushman & Wakefield, most of the global real estate investments in India during 2017 would be made in commercial office assets in Bengaluru, Chennai, Hyderabad and Pune. Interestingly, these cities are well-placed to outperform other cities from emerging economies in Asia- Pacific region, said the report by the global real estate services firm. "The global real estate investment volumes in India amounted to USD 4,731 million in 2015 and USD 4,871 million USD in 2016, indicating a 3 per cent annual increase and 2017 is expected to mark a similar investment volume," Cushman & Wakefield senior director (research ...
Economists sometimes speak of the "broken window fallacy" (this is not the same as the "broken window syndrome", which social scientists also refer to). Suppose that a shop's display window is broken. Repairs mean business for the handyman, the glass merchant, the hardware shop, etc. Such repairs occur on a much larger scale in a city hit by an earthquake, or a nation hit by war.The aftermath of disaster is often frantic economic activity. If we only see the activity, we may argue the disaster was a good thing since it led to stimulus. That argument is spurious for several reasons. The shop-owner is forced to spend savings on repairs instead of investing elsewhere, for higher returns. He suffers loss of business until the repair is done. On a much broader scale, this is true for citywide disasters, and post-war aftermath. I was reminded of this fallacy recently, while looking at sector-wide performances in the equity market. In the past month, the benchmark Nifty has returned around ..
Improvement in affordability bodes well for the health of the residential real estate segment
With an aim to make REITs more attractive to investors and real estate players, Sebi had last week decided to relax its norms