Category: Investments

Knight Frank Report: NCR witnessed a 45% rise in new residential launches in 2019.

January 8, 2020

According to the London-based real estate consultancy Knight Frank annual report, Housing sales in Delhi-NCR saw 5% YOY growth and new residential launches increased by 45% in 2019 compared to 2018. The report stated that the period from 2016 to 2019 was the transitional period, when policy changes such as the Real Estate (Regulation and […]

Knight Frank Report: NCR witnessed a 45% rise in new residential launches in 2019.more
affordable homes

Real Estate bodies seek to develop more properties under the affordable housing scheme.

January 7, 2020

With finance minister Nirmala Sitharaman on February presenting the Union Budget 2020-21, real estate chambers pursued to dilute the definition of affordable housing in order to enable more properties to fall within its scope and take advantage of the opportunities. The concept of affordable housing currently means a house or flat in non-metropolitan cities and […]

Real Estate bodies seek to develop more properties under the affordable housing scheme.more
Finance

Realty firm Supertech applies for last-mile funding of Rs 1,500 cr.

January 6, 2020

Supertech, a real estate company, said on January 5th, that they sought Rs 1,500 crore from the newly established government Stress Fund to complete their 12 ongoing housing projects in Noida and Greater Noida in Uttar Pradesh. The firm said the 12 projects consisting of 20,000 flats are in an advanced stage and that last […]

Realty firm Supertech applies for last-mile funding of Rs 1,500 cr.more
construction

Real Estate Sector Forecast: Residential and Non-Residential construction is likely to grow in India.

January 3, 2020

On December 30th, Fitch Solutions said it expects the residential and non-residential building sector of the country to grow by 6.6% in 2020, led by fiscal support and increased focus on providing affordable housing in urban areas. “A mix of tax support and government policies supporting the housings market, and enhanced activity within the logistics, […]

Real Estate Sector Forecast: Residential and Non-Residential construction is likely to grow in India.more
Home loan approved

JM financial home loans partnered for co-lending with Bank of Baroda, expects to enter premium home loans.

The affordable housing based lending arm of JM Financial Group (JM Financial Home Loans) proposes a five-fold increase in the next fiscal year’s loan book with a co-lending tie-up with the Bank of Baroda. Two years back, as part of diversifying of its developer financing business (JM Financial Credit Solutions, the joint venture with ex-Citi […]

JM financial home loans partnered for co-lending with Bank of Baroda, expects to enter premium home loans.more
invest

Colliers International Report – Indian real estate sector to attract USD 6.5 billion investment.

January 2, 2020

This year investment in the property industry in India, driven mainly by a large demand of commercial IT companies’ office properties, is likely to rise by 5% to USD 6.5 billion (around Rs 46,000 crore), according to the global real estate consultant Colliers. The real estate market gained USD 6.2 billion last year, up 8.7% […]

Colliers International Report – Indian real estate sector to attract USD 6.5 billion investment.more
MahaRERA

MahaRERA took suo moto action against 21 developers.

December 31, 2019

The Maharashtra Real Estate Regulatory Authority (MahaRERA) took action against 21 real estate developers, who have not followed the Real Estate (Regulation & Development) Act (RERA) registration, and also did not apply a list of customers who booked their homes for further action under Section 7 and 8 of the RERA Act.  The provisions of […]

MahaRERA took suo moto action against 21 developers.more
Real estate investment

Consumers and Lawyers declare their unhappiness for the complaints under MahaRERA.

December 30, 2019

When it comes to registering real estate projects and also concerning grievances, Maharashtra can have the best place between states. Nonetheless, that is where the distinction stops. The state has no information to simplify the purchasing decision for the consumers. The action-taken-report remains missing; moreover, most of the consumers and lawyers are unhappy about the […]

Consumers and Lawyers declare their unhappiness for the complaints under MahaRERA.more
Hardeep Singh Puri

State minister Hardeep Singh Puri, speaks about 1.20 crore job creation under PMAY-Urban.

December 28, 2019

On December 27, Hardeep Singh Puri, State Minister for Housing & Urban Affairs said that approximately 1.20 crore jobs have so far been generated under PMAY-Urban through forward and backward linkages to around 250 auxiliary industries including steel, brick kilns, cement, paint, hardware, sanitary etc. According to investments made within the scheme about 568 lakh […]

State minister Hardeep Singh Puri, speaks about 1.20 crore job creation under PMAY-Urban.more
office

The Bengaluru CBDs became Asia Pacific best performing market, expected to grow more in 2020.

December 27, 2019

Despite slow economic growth and rental in the Central Business Districts (CBDs) of Bengaluru and Mumbai, the Indian Office Market will continue to be strong in 2020, while CBD rental growth is expected to remain steady in the National Capital Region (NCR), Knight Frank India said. The CBD of Bengaluru is expected to see more […]

The Bengaluru CBDs became Asia Pacific best performing market, expected to grow more in 2020.more