Tag: #property industry

RBI

RBI new regulation declares Housing Finance Companies (HFCs) to be treated as NBFCs.

August 14, 2019

By Abhay Shah, Realty Quarter On August 13, the Reserve Bank said housing finance companies (HFCs) will be treated for regulatory purposes as one of the categories of NBFCs and will be under their direct supervision. The Finance (No 2) Act, 2019 (23 of 2019) modified the National Housing Bank Act, 1987, which conferred on […]

RBI new regulation declares Housing Finance Companies (HFCs) to be treated as NBFCs.more
DDA

DDA allows private developers to bid for its land parcels to build housing projects in Delhi.

By Abhay Shah, Realty Quarter With the Delhi Development Authority (DDA) enabling private builders to negotiate for their property holdings, homebuyers can now expect to buy modern apartments in the national capital. The DDA has endorsed the distribution of group housing society’s residential plots through e-auction to people, partnership companies, private and public limited or […]

DDA allows private developers to bid for its land parcels to build housing projects in Delhi.more
Taj Mahal Palace Mumbai

The Taj Hotel chain of Tata Group to sell assets as the economy weakens.

August 13, 2019

By Abhay Shah, Realty Quarter The Indian Tata Group controlled luxury hotel chain seeks to sell some assets and avoid owning new properties in order to keep debt as it slumps consumer expenditure. In an interview, Puneet Chhatwal, Managing Director and Chief Executive Officer, said Indian Hotels Co. Ltd, Tata’s listed company operating the Taj […]

The Taj Hotel chain of Tata Group to sell assets as the economy weakens.more
Real estate

CREDAI and CBRE latest report reveals the real estate sector of India is on a growth path.

August 12, 2019

By Abhay Shah, Realty Quarter According to the CREDAI and CBRE report, the economic transition, employment expansion and urbanization in India will boost investment opportunities in the real estate sector in the coming decade, resulting in considerable growth in housing, office, retail and warehousing. Property consultant, CBRE has reported that the industry will grow tremendously until […]

CREDAI and CBRE latest report reveals the real estate sector of India is on a growth path.more
Supreme court

Home buyers accept SC judgment that helps to recover its dues on stalled projects.

August 10, 2019

By Abhay Shah, Realty Quarter The judgment of the Supreme Court on Friday reaffirming the privileges of end-use home buyers as economic creditors under the Insolvency and Bankruptcy Code (IBC) is anticipated to provide security and hope of regaining their dues, particularly in projects that are stuck for a long time with no delivery in […]

Home buyers accept SC judgment that helps to recover its dues on stalled projects.more
Real Estate Market

RATE CUT IN EXCESS OF 100 BPS – THE ONLY WAY TO KEEP THE REAL ESTATE HEAD HIGH!

By Shishir Baijal – Chairman & Managing Director, Knight Frank India The Indian economy is going through testing times. What was initially being perceived as a sector-specific degrowth has now panned out to be an overall economic slowdown.The automobile and fast moving consumer goods (FMCG) industries are in a slump, job markets are strained with […]

RATE CUT IN EXCESS OF 100 BPS – THE ONLY WAY TO KEEP THE REAL ESTATE HEAD HIGH!more
Knight Frank

With 8.8% cap rate for commercial assets, India remains favourable market investment destination: Knight Frank Report

Mumbai, 26th July 2019 –Knight Frank, the independent global property consultancy, has come up with commercial research on Asia Pacific Capital Markets. With ongoing trade tensions and heightened economic uncertainties, many Asia-Pacific central banks have opted for a more dovish stance on their monetary policies. In the past six months alone, five Asia-Pacific central banks […]

With 8.8% cap rate for commercial assets, India remains favourable market investment destination: Knight Frank Reportmore