Realestate
-
Will Budget 2021 deliver the goods for real estate?
Business | Jan 28, 2021, 03:00 PM ISTThe realty industry remains one of the most precise bellwethers of the state of India's economy. Like all other sectors, real estate, which contributes more than 8 percent to the Indian economy, too has expectations.
-
Buying homes becomes cheaper as Maharashtra reduces all premiums by 50%
Business | Jan 06, 2021, 10:46 PM ISTNow, buying homes will be cheaper in Maharashtra. In a big boost to real estate hit by the coronavirus pandemic, the Maharashtra government on Wednesday decided to cut all premiums related to the sector by 50 percent. It will be applicable till December 31, 2021.
-
How this app is leading a revival of real estate sector by deploying labourers
Business | Oct 21, 2020, 04:27 PM ISTCaptech Technologies said that its 'eFORCE' app has developed a capacity to deploy over two lakh labours in the first four months of launch.
-
Should one buy property post-lockdown?
Business | May 31, 2020, 06:47 PM ISTDue to the COVID-19 pandemic, an economic crisis engendering high volatility in the capital markets is leading to investors losing their hard-earned money, at least for the time being. Most of the sectors have been badly affected due to the COVID-19 economic crisis
-
Work from home not ultimate solution for corporates, Real Estate sector scenario may change
Business | May 22, 2020, 01:05 PM ISTPost the announcement of lockdown 4.0, many things have changed. Especially the restrictions under 5 different zones (Containment, Buffer, Red, Orange and Green Zone) changed the demand for work from home so far.
-
RERA law must be implemented effectively to build trust between buyers, builders: Housing Minister
India | May 16, 2020, 07:35 PM ISTThe effective implementation of the real estate law RERA will help in restoring the trust between the developers and property buyers, besides ensuring that there are no defaults in delivery of projects, Housing and Urban Affairs Minister Hardeep Singh Puri said on Saturday.
-
Experts welcome Modi government's booster dose for real estate sector
Business | May 14, 2020, 11:58 AM ISTReal Estate experts have called the Modi government's economic booster announced for the real estate sector on Wednesday as "much-needed" and hoped that this would provide the sector with more breathing space.
-
COVID-19 Economic Package: Real estate sectors hail Sitharaman's move to extend RERA deadline
Business | May 13, 2020, 10:16 PM ISTNirmala Sitharaman’s decision to extend RERA-imposed completion deadlines on real estate projects, has been hailed across the real estate sector.
-
Real estate industry hails RBI move to boost liquidity in system
Business | Apr 17, 2020, 06:17 PM ISTThe real estate industry on Friday hailed RBI's decision to boost liquidity into the system and provide relief to loans taken from NBFCs for commercial projects, but sought one-time restructuring of their loans and a stimulus package to help the sector in battling the crisis caused by the lockdown to control COVID-19.
-
Deepak Parekh says real estate prices could drop by 20% after COVID-19
Business | Apr 14, 2020, 03:56 PM ISTHDFC chairman Deepak Parekh on Tuesday said that the real estate price might fall by 20 per cent in the counrty post the COVID-19 crisis. According to CNBC TV18 Parekh has listed a set of suggestions to the state government, regulator Reserve Bank of India and developer community to help the real estate sector survive the financial and economic crisis.
-
India's property prices to register steep fall as coronavirus impact looms: Report
Business | Apr 02, 2020, 06:15 PM ISTProperty prices in India are likely to register a significant "price correction" in the wake of the coronavirus pandemic, as businesses across the nation face disruptions amid the ongoing lockdown
-
Oberoi Realty Quarter 3 profit up 7 per cent at Rs 148 crore
Business | Feb 08, 2020, 06:02 PM ISTOberoi Realty has reported 7 per cent increase in consolidated net profit at Rs 148.24 crore for the quarter ended December despite fall in total income. Its net profit in the year-ago period stood at Rs 137.93 crore.
-
Who is Sandeep Mathrani, new CEO of co-sharing workspace company WeWork
Business | Feb 03, 2020, 11:55 AM ISTSandeep Mathrani has been appointed as the new CEO of co-workspace company WeWork. Sandeep Mathrani has previously served as CEO of Brookfield Properties' retail group for eight years.
-
Budget 2020: Not Ivory towers, real estate sector needs a solid foundation
Business | Feb 01, 2020, 08:22 AM ISTThe government has publically committed that it will provide housing to all by the year 2022. For this, the government needs to rejuvenate the sector. The government needs to make drastic reforms. This makes it all the more important that Finance Minister Nirmala Sitharaman gives real estate sector a relief in Union Budget 2020.
-
India ranks 47th out of 56 countries in housing price appreciation; rates up mere 0.6% in Jul-Sep
Business | Dec 27, 2019, 02:08 PM ISTIndia ranks 47th in the world in terms of appreciation in housing prices as rates grew by only 0.6 per cent during July-September quarter over the year-ago period on slow demand, global property consultant Knight Frank said.
-
Housing sales in Maharashtra, Delhi NCR drop in Oct-Dec quarter
Business | Dec 20, 2019, 06:43 PM ISTMaharashtra and Delhi NCR saw a significant decline in new launches of residential units owing to a slowdown in the real estate sector, a survey said. According to the survey by data analytics firm PropEquity, cities like Mumbai, Thane, Pune, Gurgaon and Noida saw a sharp decline in new launches as compared to third quarter of 2018 as well as second quarter of 2019.
-
This company surprised its employees with ₹70 crore bonus
World | Dec 12, 2019, 12:34 PM ISTA US-based real estate developer surprised its employees with a total of $10 million (over ₹70 crore) bonus. St. John Properties' Founder and Chairman Edward St. John surprised its 198 employees with a total of $10 million holiday bonus at a recent holiday party.
-
6 Mumbaikars among India's top 10 richest real-estate entrepreneurs | Full List
Business | Dec 09, 2019, 06:30 PM ISTHurun Research Institute has released a list of the top 10 richest real estate entrepreneurs in India. The list is, unsurprisingly, dominated by tycoons based in India's financial capital Mumbai. 6 of the top 10 richest real estate entrepreneurs are from Mumbai, while New Delhi and Bengaluru also get a mention in the list. Singapore is the only international city to find mention in the top 10 list.
-
India's 10 richest realty tycoons and their staggering wealth. Check full list
Business | Dec 09, 2019, 06:03 PM ISTHurun Report and GROHE India on Monday released the third edition of 'GROHE Hurun India Real Estate Rich List 2019' -- featuring the 100 richest real estate entrepreneurs in India.
-
No distance education allowed in hotel management, real estate: UGC
Education | Dec 01, 2019, 11:05 AM IST"In accordance with communication received from various regulatory bodies, programmes in Hotel Management, Culinary Studies and valuation of Real Estate, will not be recognised from academic session 2019-20 and onwards," a recent official order said.