Tag: #Real Estate News

India to receive $50 billion of Institutional Investment by the end of 2019.

October 10, 2019

According to a study conducted by the JLL, the Indian real estate market will have cumulative institutional investments worth around $50 billion in 2019, which include both foreign and domestic investments, as a result of large relaxation on investment norms concerning to Foreign Direct Investment (FDIs) and institutionalization of investments in a manner of REITS […]

India to receive $50 billion of Institutional Investment by the end of 2019.more

Bombay High Court prohibits Canara Bank from acquiring Worli Bungalow.

October 9, 2019

The Bombay High Court has restricted the Canara Bank from taking over the Bungalow in Worli area, Mumbai, from one of its borrowers and the Guarantor of a loan under the SARFAESI Act, 2002. The bungalow, which has been mortgaged to use a credit line, extends over almost one-third of an acre and is priced […]

Bombay High Court prohibits Canara Bank from acquiring Worli Bungalow.more

Almost 421 realtors were under the bankruptcy court, doubled then the last year.

Due to a sustained sales drop and the ongoing liquidity crisis, the number of property developers brought into the bankruptcy court has more than doubled in the past one year. Data from the Insolvency and Bankruptcy Board of India demonstrates for the period of June 30 in which more than 421 realtors were under the […]

Almost 421 realtors were under the bankruptcy court, doubled then the last year.more

Spanish Fashion retailer ZARA is looking to reduce mall rentals and update revenue-sharing terms.

October 8, 2019

A decade after the widely publicized entry into India, Spanish clothing retailer Zara has asked few malls to renegotiate rental terms where they have been running stores for years, this includes a decrease profit-sharing deals and either lower or complete waiver, on charges paid to the landlords by the tenants for common area maintenance (CAM). […]

Spanish Fashion retailer ZARA is looking to reduce mall rentals and update revenue-sharing terms.more

Axis AMC invests Rs 65 crore in an Affordable Housing Project with Adarsh Developers.

October 7, 2019

By Abhay Shah The real estate fund of Axis Asset Management Company, Axia RERA Opportunities Fund – I, has signed a deal with Bangalore-based real estate developer Adarsh Developers to invest Rs 65 crore. This is the second investment of the alternative investment fund for the maiden real estate of Axis AMC. The investment is […]

Axis AMC invests Rs 65 crore in an Affordable Housing Project with Adarsh Developers.more

Real Estate Investors are choosing Tier 2 & Tier 3 cities over Tier 1.

June 5, 2019

By Abhay Harish Shah, Realty Quarter The real estate market has become competitive, and sectors which were underdeveloped is taking a pace for its growth in infrastructure, also the prices are comparatively less, than the developed city. Because of the above-given factors, real estate investors are opting for tier-2 and tier-3 cities in India. […]

Real Estate Investors are choosing Tier 2 & Tier 3 cities over Tier 1.more

What can a buyer do when the agreement does not specify the date of possession?

June 3, 2019

By Abhay Harish Shah, Realty Quarter There have been numerous cases where home buyers have faced delays in acquiring their apartments. In many cases, delays are over five to six years. Some developers even did not mention the date of possession in the agreement which resulted in the home buyers suffering from financial and mental trauma. […]

What can a buyer do when the agreement does not specify the date of possession?more

Important FEMA rules for NRIs investing into Indian Real Estate.

By Abhay Harish Shah, Realty Quarter In the Indian real estate market, Non-Resident Indians (NRIs) are an important investment segment. NRI’s generally purchase properties for investment purposes or for retirement purposes from their emotional connection with their country. India has emerged for international capital as a lucrative location. “Overseas Investments have increased by 137% from 3.2 […]

Important FEMA rules for NRIs investing into Indian Real Estate.more

Parsvnath Developers terminated project of Rs.1,034cr.

March 22, 2019

By Abhay Harish Shah , Realty Quarter A formal case of 2016 of Parsvnath Developers has been upheld by Delhi High Court. In 2010, Parsvnath purchased the land through an auction near Sarai Rohilla-Kishanganj and an agreement between RLDA and PRLPPL was passed in 2013. It is said that the company has paid Rs. 1,150 […]

Parsvnath Developers terminated project of Rs.1,034cr.more

IBA and CREDAI join up to solve unfinished project.

By Abhay Harish Shah , Realty Quarter The problem of delaying the unfinished projects is quite annoying and stressful for the residing people. Recently, In an ongoing gathering with agents of the Indian Banks Association (IBA), real-estate developers examined different issues […]

IBA and CREDAI join up to solve unfinished project.more

Tag: #Real Estate News

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