Today’s Top Real Estate Stories

  • NBFC liquidity squeeze hits loans against property market
    The borrowing instrument was the preferred tool for small businesses and powered the expansion for the lenders over the past five years.... Read more »
  • Centre notifies special courts for benami transaction cases
    In case of National Capital Territory of Delhi, Courts of Additional Sessions Judge 02 in each district have been designated as special court.... Read more »
  • DHFL's arm Aadhar Housing Finance looks to sell loan book to infuse cash
    The company has a loan book of Rs 8,700 crore, with disbursement targets of Rs 450-500 crore a month.... Read more »
  • WeWork India leases four office assets in Mumbai, Bengaluru
    The company has been picking up properties aggressively in a bid to expand number of facilities to over 20 centres across key markets by December 2018.... Read more »
  • Piramal Enterprises 'refutes baseless rumours' on loan defaults by realty players
    Developers like Lodha, Omkar, Vatika and Embassy referred to in the rumours are part of the lending portfolio but have never defaulted on any interest or repayment obligation to PEL/PCHFL, it said said.... Read more »
  • Mumbai: 37 city redevelopment projects stuck over Navy NOC
    Construction industry sources said, of these, there could be at least a thousand families whose homes have already been demolished.... Read more »
  • Zomato moves out of Gurugram's One Horizon Center
    In 2015, the Gurgaon-based firm had leased 1.2 lakh sq ft of office space at Rs 135 per sq ft per month in One Horizon Centre and operated its headquarters out of there.... Read more »
  • Debt refinancing deals slow down in real estate sector
    Mid-sized developers operating in not so lucrative markets are finding it difficult to get their loans refinanced, industry experts said.... Read more »
  • How Supertech triggered Round II of NBFC sell-off? Is there more to it?
    Supertech has a total debt of Rs 2,000 crore. Indiabulls Housing alone has Rs 600 crore exposure to two of Supertech projects.... Read more »
  • NBFCs liquidity crunch to hit home loan sales: Report
    Home prices, which have witnessed a relative slowdown in growth, will continue to be under pressure, Japanese brokerage Nomura has said.... Read more »

Latest Real Estate News from India

  • Mumbai-based realty portal Makaan.com may sell or form JV with MagicBricks or Quikr
    NEW DELHI: People Group, which owns and operates real estate portal Makaan.com, has entered into talks with potential buyers, to sell the venture, at a time when the country’s online property space is being seen as the next battleground for global risk capital and strategic investors. MagicBricks. com and online... Read more »
  • Ahmedabad metro to push city’s real estate market
    Apart from a suitable budget and a strategic location, physical infrastructure also plays an important roll in the decision of buying a property. The approval for the Ahmedabad Metro Rail Project Phase-1 is expected to lift the real estate market of the city. The metro phase 1 stretch covers two... Read more »
  • Wells Fargo’s former India realty investment team launching residential funds
    Capitedge India Investment Advisory, a realty fund and asset management firm floated by six former members of Indian realty team of American banking giant Wells Fargo, is coming out with a residential properties-focused fund in India. This would mark its first fresh fundraising exercise after floating an independent investment advisory... Read more »
  • Bangalore honchos on property-buying spree in the US
    BANGALORE: The investments by Indians (those with Indian passports) in residential property in the United States rose by nearly 50% to $5.8 billion in the year ended March 2014, compared to the year before. Real estate analysts say top executives in Bangalore’s technology industry, many of who have a close... Read more »
  • Relaxed foreign investment rules will help Indian realtors
    The relaxation of rules on foreign direct investments into India’s property development sector, will improve developers’ liquidity and speed-up project-turnaround times, but may also increase competition, says Fitch Ratings. Fitch Ratings says that, the relaxation of rules on foreign direct investments into India’s property development sector, will improve developers’ liquidity... Read more »
  • Easier FDI in real estate means govt is inflating India’s urban housing bubble
    India’s relaxed rules for foreign direct investment (FDI) in construction will make it easier for foreigners to invest in real estate. While the move has surely been cheered by the real estate sector, for it will bring in much needed capital for those steeped in debt, it could bring more... Read more »
  • ‘By March, $10 billion of real estate investment trusts may get listed if Govt provides tax relief’
    Alastair Hughes, CEO (Asia Pacific) of Jones Lang LaSalle (JLL), who was in Bangalore to hold a board meeting of the Asia Pacific region comprising China, Japan, Australia, South East Asia and India, spoke to BusinessLine to share the real estate market sentiment and key issues on corporate leasing. How... Read more »