Indian Real Estate

ndia’s wealthy are increasingly scouting for real estate investment opportunities in overseas destinations and are also looking to acquire apartments in gateway cities around the globe. London is one example. Indians form one of the largest communities of property owners in the city. To be sure, the United Kingdom recently scrapped its golden visa programme. Watch here for more details

India’s realty sector is on a roll

While premium residential real estate has led growth so far, the affordable housing segment and commercial real estate can be expected to lend a hand soon

Ajmera Realty secures redevelopment project for 4 societies in Mumbai's Borivali

This project is estimated to generate sales of Rs 330 crore and will primarily consist of residential apartments of 2 and 3 BHK flats, with an estimated carpet area of 1,07,000 Sq.ft, the filing added.

Dombivli building develops cracks after 22 years leaving 250 families homeless

Shivanand Tiwari, who lives on the ground floor of F wing, told HT it felt like an earthquake. “There was a loud noise, and dust enveloped the room,” he said. “I immediately rushed out with my wife and two children. I doubt if the building was constructed using standard quality materials, looking at its state in just 22 years," according to the report.

All-round optimism over residential property sales in Q2: CREDAI Chennai report

According to the realtor's body Confederation of Real Estate Developers' Associations of India (CREDAI), a total of 3,636 residential units were sold in Chennai during the July-September period, which is 16 per cent higher than previous quarter.

PE investments in retail real estate down 63 per cent in January-September: Knight Frank

The real estate sector saw average deals of $191 million during January-September 2022, 53 per cent higher than the average deal size of $125 million in the same period in the previous year. Foreign private equity investors continued to remain the largest contributors.

Registration of homes in Hyderabad region down 36% to 5,181 units in August

In August 2021, 8,144 housing units were registered in the Hyderabad residential market that includes four districts -- Hyderabad, Medchal-Malkajgiri, Rangareddy and Sangareddy.

A stalled real estate sector was nobody’s and everybody’s fault

Buyers, sellers, land bankers, bankers, NBFCs, and investors, all felt the pinch of realism in the mid to late 2000s. By 2014, the real estate market was at a complete standstill and a newly elected government brought law after law to clean up the system. Problems were complex and nobody benefited

Housing | What went wrong with India’s real estate?

In 1998 the first housing policy was envisaged to provide affordable and formal housing to urban Indians. So what went wrong and why are millions of Indians struggling to get the houses they paid for over a decade ago? 

How Rakesh Jhunjhunwala built his 13-floor home in Mumbai

The tower that has been approved for his home will have an area of a whopping 70,000 square feet.

Fundamentals in place to drive office property market in 2022

The hiring spree in IT companies and the demand for co-working spaces will lead to better prospects for the office market in 2022 

Chart of the Day | Housing price growth decelerates in first year of pandemic

For FY 2020-21, the average rise in housing prices was 2.2 percent, compared to 3.4 percent and 3.6 percent in the previous two years 

Chart of the Day | Indian home price slump worst in the world

Indian home prices are still about 60 percent higher since 2010 in inflation-adjusted terms, the highest among major economies

Why the Budget sidelined realty with some tweaks in affordable housing and REITs

The budgetary allocation under Pradhan Mantri Awas Yojana (rural and urban) although revised from original estimates for FY2021, showed no increase for FY2022 at Rs27500 crore 

Home sales: A case for sustained upcycle ahead

 With real rates turning negative and a steep drop in bond yields and bank deposit rates, the attractiveness of owning physical assets has improved 

RERA to boost GDP growth: PHD Chamber

The Real Estate Regulation Act (RERA) came into force from April 1 with a promise of protecting the right of consumers and ushering in transparency.

Indian real estate gets a measly 1% share of global capital inflows

It makes for a telling revelation that considering the 11,500 developers under the CREDAI (Confederation of Real Estate Developers‘ Associations of India) umbrella, the number of developers who have consistently delivered projects across all &#82

Total PE into Indian real estate in 2016 vastly exceeds 2015 inflows

In 2016, equity investments witnessed a return journey to India. After the change in its regulatory framework, the country is now looking way more attractive to investors -– both, foreign and domestic –- than &#82

‘Only adoption of global best practices can help developers regain buyers‘ trust‘

In an exclusive interaction with Housing News, Sachin Sandhir, global managing director – emerging business of RICS, points out that India considerably lags behind mature real estate markets, such as the US and UK &#82

Indian real estate: Manpower shortage causing project delays

Delay in construction and delivery of projects, is the biggest challenge that the real estate industry faces. This is a direct by-product, of the shortage of skilled manpower to execute the projects and streamline R

Housing sale down 4% in 8 cities in 2015; 6.9 lakh units unsold

The unsold inventories have declined marginally to 6.91 lakh units from nearly 7.15 lakh units in 2014. Developers would take more than 2.5 years to exhaust this unsold stock.

JLL India to offer certificate programme in facilities mgmt

With Indian real estate advancing towards increasing corporatisation, there has been an increased demand for industry-ready facilities management professionals. However, this domain has so far relied heavily on 'learn-on-the-job' apprenticeships.

What are new marketing avenues for real estate developers

Developers looking at piled-up, non-moving inventory may panic and make counter-productive decisions. A futile blame game ensues if the developer views the unsold inventory as evidence that his sales and marketing team is not performing optimally.

StanChart Bk looking to reduce Rs 1500cr realty exposure

Sources say the mandate requires consolidating the book size by re-looking at underperforming business activities. Standard Chartered Bank is understood to have been reaching out to borrowers through their relationship managers to close these credit limits.

Residential real estate: How policy reforms impacted it

By 1994-95, real estate prices in the city increased to a point where companies started to look for cheaper alternative locations, paving the way for other cities to grow commercially. Demand for both commercial and residential real estate gathered steam.