REAL ESTATE MARKET
Bollywood actor Ronit Roy buys sea-view luxury apartment in Mumbai’s Versova Bollywood actor Ronit Roy and his wife Neelam acquired a 4,259 sq ft sea-view apartment in Versova, Andheri from Macrotech Developers for nearly Rs 19 crore. The June 10 deal includes four exclusive parking slots and a stamp duty of Rs 1.14 crore. T...
06 Jul, 2024, 11.49 PM ISTMarico’s Priyanjali Mariwala buys luxury apartment in Mumbai’s BKC for Rs 65 cr Priyanjali Mariwala, from the promoter family of consumer goods company Marico, has purchased a luxury apartment in Mumbai’s Bandra-Kurla Complex (BKC) for Rs 65.25 crore. The apartment spans nearly 8,300 sq ft and is located on the first floor of t...
05 Jul, 2024, 07.31 PM ISTPankaj Pandey on 2 sectors that are likely to see strong Q1 earnings Raymond specifically, we do not have a coverage. But I think you have very few stocks which can be bought at current levels in real estate given the price appreciation a lot of these stocks have seen. So, some bit of a time correction or price corre...
05 Jul, 2024, 12.08 PM IST- ADVERTISEMENT
Stable economy boosts India's housing market to new heights, scales 11-year peak The housing property market across India is seeing substantial growth in sales volumes, driven by stable economic conditions and continued confidence, even amidst higher mortgage rates. This uptrend is led by the top eight cities, including Mumbai, ...
05 Jul, 2024, 09.54 AM ISTBCD Group bags 1.5 mn sft of residential development in Bengaluru BCD Group secured a 1.5 million sqft residential project in Bengaluru from Ramsons Trendsquares for Rs 660 crores, their first collaboration. The mixed-use development spans 6.5 acres with 600 units in phase 1 and 5 million sqft in phase 2. With the...
04 Jul, 2024, 05.09 PM ISTInstitutional investment in Indian real estate at $2.5 billion in Q2, marking a 3-year high Private equity investments in Indian real estate hit a three-year high in Q2 2024, totaling $2.5 billion. The industrial and warehousing segment led with 61% of the total investments ($1.5 billion), driven by large deals. The residential segment saw...
03 Jul, 2024, 04.10 PM ISTIndian real estate witnesses $1.7 bn private equity inflow during H1 2024 Private equity investment in the Indian real estate sector reached USD 1.7 billion in the first half of 2024, marking a 42% increase year-on-year, as reported by Savills India. However, Q2 2024 saw investments of USD 1.1 billion, similar to the prev...
03 Jul, 2024, 11.35 AM ISTHaryana government’s policy on fourth floor to keep the realty price in check The Haryana government's decision to allow construction of stilt plus four floors in residential sectors is set to boost housing demand in Gurgaon and curb soaring prices, experts say. The move, following a ban on fourth-floor construction last year...
02 Jul, 2024, 06.29 PM ISTEarnings growth likely to be in mid-teens; overall growth trajectory remains strong: Shibani Sircar Kurian The building materials segment, specifically tiles, has underperformed despite significant real estate growth. Typically, when real estate sales pick up, demand and volume growth in building materials follow with a lag.
02 Jul, 2024, 08.00 AM ISTGodrej Properties buys 7-acre land in Bengaluru to build housing project worth Rs 1,200 cr Godrej Properties has acquired a 7-acre land in Thanisandra, North Bengaluru, for developing a luxury housing project. The project is expected to yield around 9 lakh square feet of residential space, with an estimated revenue of Rs 1,200 crore. In a...
01 Jul, 2024, 02.40 PM ISTSattva Group targets 85 pc growth in housing sales to Rs 6,500 cr this fiscal: MD Bijay Agarwal Realty firm Sattva Group is bullish on India's housing market and will launch many projects to achieve 85 per cent growth in sales of residential properties to around Rs 6,500 crore this fiscal, a top company official said. In the 2023-24, Bengaluru...
30 Jun, 2024, 02.35 PM ISTJob Market Outlook: AI integration set to boost employment in financial and real estate sectors Manpower Group's latest Net Employment Outlook for June to September 2024 showcases positive trends in India's employment sector, ranking sixth globally. Despite some decline, the Financial Services and Real Estate sectors are driving growth, with A...
28 Jun, 2024, 10.07 AM ISTInvesting in commercial real estate: How to earn attractive regular income by investing in commercial real estate via fractional ownership platform As fractional ownership gains traction and becomes increasingly popular, retail investors must run a few checks before investing in CRE assets via this route. Here are some factors that one must consider.
27 Jun, 2024, 11.06 AM ISTAffordable housing suffering; luxury continues to show bumper sales: Gulam Zia Commercial real estate also is doing phenomenally well. If I have to give a few numbers, the last quarter and we saw almost about 14 to 15 million square feet of gross absorption of office space in the country, the top seven-eight markets that we al...
26 Jun, 2024, 12.24 PM ISTResidential real estate at a 15-yr high; commercial may see best ever year: Anuj Puri Clearly within the residential, we are seeing luxury doing exceptionally well, affordable unfortunately not doing as well and there is not that much supply that is coming in. But cities like MMR, Mumbai, Bangalore, NCR really leading the pack.
26 Jun, 2024, 12.09 PM ISTHow MSMEs can boost India's real estate market With streamlined regulations and increased credit access, MSMEs have the potential to boost India's real estate sector.
25 Jun, 2024, 10.24 AM ISTRealty sector sees debt sanctions of Rs 9.63 lakh crore during 2018-23 Real estate sector witnessed debt sanctions of ₹9.63 lakh crore during 2018-23, with a potential of ₹14 lakh crore in the next three years, per JLL India and Propstack report.
21 Jun, 2024, 07.57 AM ISTMarket Trading Guide: Indiabulls Real Estate, Chalet Hotels among 5 stock recommendations for Friday The 30-share BSE Sensex climbed 141 points to settle at a new closing peak of 77,479. The NSE Nifty rose 51 points to end at its fresh closing high of 23,567.
20 Jun, 2024, 09.42 PM ISTDeposits in the time of MFs, real estate Banks are seeking innovative solutions to rebalance their credit-deposit ratio, with RBI suggesting a review of business strategies. Credit growth is expected to slow down, impacting banks' loan-deposit ratios.
11 Jun, 2024, 10.30 PM ISTReal estate sector pushes for tax rationalisation and reduced approval cost as Modi 3.0 set to take oath With Narendra Modi set to take oath as Prime Minister for the third time, the real estate industry has high expectations from Modi 3.0. The interim budget announced a boost for affordable housing by adding 2 crore more houses to the PMAY-U scheme. E...
09 Jun, 2024, 11.25 AM IST