Sat, Dec 14, 2024
Registration of properties fell 36 per cent in November compared to 20,894 units in October this year.
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Thu, Dec 12, 2024
The transaction was carried out under the Rishabh Family Trust, with Deepa Bajaj, wife of Rajivnayan Bajaj, serving as the signatory.
Wed, Dec 04, 2024
Real Estate Stock to BUY: Shares of real estate firm Oberoi Realty hit a new 52-week high after global brokerage firm Nomura initiated a 'buy' call on the stock. The surge in the scrip also comes on a day Sensex reclaimed 81,000 level in early trade amid fresh foreign fund inflows.
Mon, Feb 08, 2021
Delhi circle rates notification 2021: On Friday, the Delhi government cut circle rates by 20 per cent, a step that will bring down the capital city's exorbitant property prices.
Sun, Feb 07, 2021
The sector can expect higher deliveries of properties and even higher degree of professionalism in the sector as several stalled projects get picked up by stressed asset management companies.
Fri, Jan 22, 2021
The conference covered three key topics, (a) the future of stalled residential projects, (b) demand situation in CRE and (c) sustainability of sales trends in the residential sector. The demand for larger floorplates used by BPO and IT clients should be strong while demand for smaller floorplates from small business and front offices is going to be low, which implies that Bengaluru should revive first (followed by Hyderabad or Pune) while Mumbai may lag other cities.
Tue, Jan 19, 2021
Budget 2021: The real estate sector may be in for further bonanza with the Narendra Modi government looking to extend tax-free status of income accruing from unsold residential units by another year.
Domestic stock markets made a strong start on Tuesday, January 19, 2021, tracking firm cues from their Asian peers. At 12:21 pm, the S&P BSE Sensex was trading 636.40 points or 1.31% higher at 49,200.67 and Nifty 50 at the NSE was trading 185.15 points or 1.3% higher at 14,466.45. Bajaj Finserv (up 4.94%)and Bajaj Finance (up 4.33%) were the top Nifty 50 gainers and were followed by Grasim and Tata Motors
Mon, Jan 18, 2021
At the beginning of new year 2021, home loan interest rates are at historic low. Home loan interest rate is beginning from 6.75 onwards — a delight for the first time homebuyers. However, home loan interest rates being a historic low doesn't make one's home work easy. There are various steps that need to be taken by the homebuyer to keep one's home loan outgo at the lowest EMI
Thu, Jan 14, 2021
The most affected by the Corona epidemic, Real Estate has written a letter to the Finance Minister and stated it's demand.
Mohit Malhotra, Managing Director (MD) & Chief Executive Officer (CEO), Godrej Properties, talks about his growth expectation in 2021 amid the incentives being launched by state governments, expansion plans, pipeline projects and participation in affordable housing segment among others during an interview with Zee Business Executive Editor Swati Khandelwal
Amid restricted new supply in 2020, unsold housing inventory in Noida and Greater Noida in Uttar Pradesh reduced by 12 per cent in the year, a report by Anarock Property Consultants said.
Double digit residential sales growth will be the highlight of Q3 property company results. Construction activity normalized during the quarter which should drive significant QoQ improvement in P&L. Sales and construction pick-up bodes well for cash flows and gearing too. Office lease income should be stable YoY. Retail & hotels to see QoQ improvement but still will be significantly down YoY. New launch commentary will be important from a developer sentiment perspective.
Wed, Jan 13, 2021
Pandemic triggered broad-based recovery in the real estate sector. Contrary to the expectations of adverse impact on the sector, given prolonged lockdown, liquidity crisis, and limited government ammunition for fiscal incentives, real estate recovery has surprised positively. While the sector as a whole continues to see muted growth, the pandemic has accelerated market share gains for branded Tier 1 players. The entire ecosystem viz. landowners, financiers, suppliers, buyers and contractors are all backing the organized segment, and on the other side, challenges remain for Tier 2 developers.
Tue, Jan 12, 2021
Money-making Tips: According to research done by stock-broking firm GCL Securities Limited, now liquidity is being witnessed in the market after various government initiatives.
Unsold housing inventories fell 9 per cent across eight cities in 2020 at 7.18 lakh units on sharp decline in new launches, but builders will now take nearly four years to clear these stocks at current low sales velocity, according to PropTiger.
Mon, Jan 11, 2021
A new residential cycle start should become evident over 2021 as both end-users and investors get back into action. It is expected that residential sales are set to cross 2019 levels, inventory to fall to 8-year low by end'21 and prices to rise by 10%+ over next two years. Office demand could surprise in second half of FY21 if tech hiring remains strong. As we build in a new multi-year cycle kickoff, Jefferies raises estimates and price targets with Buys through Jefferies coverage. Godrej Properties and DLF are top picks in the Real Estate Sector.
One of the demands of the industry is on the extension of benefits under section 80EEA to avail an additional Rs 150,000 interest deduction on home loans to the existing homebuyers who have already availed home loans. He further advocates for extension of this benefit to the first-time homebuyers to include mid segment as well
Sun, Jan 10, 2021
The COVID-19 pandemic has necessitated recalibration at a systemic and individual level. The real estate sector has not remained untouched from this recalibration.
Looking at the response to affordable projects in the post-pandemic months and with some developers getting over-subscription in their projects, the year 2021 is going to be phenomenal for this segment.
"Equity, gold and property are some of the safest investment options which will yield good returns as well."
Thu, Jan 07, 2021
Good news coming from the Maharashtra-based real estate sector! There will be a cut of 50 per cent in the premiums – a news that was first reported by Zee Business. Managing Editor Anil Singhvi gives his take on the issue as he tells viewers how much the home buyers will benefit from this move
Kotak says the decision will help improve margins for developers and incentivize faster development (or upfront payment of premiums) in the case of forthcoming projects. Premiums typically account for 10-15% of the selling price and a 50% reduction (assuming nothing is passed on) is a meaningful improvement in overall project economics, though note that the developer will not benefit in the case of joint development agreements wherein the onus of approval costs is on the land owners.
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