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  • Real-estate sector expected to make up 18-20% of the country’s GDP by 2030: Amitabh Kant Oct 22, 2021 09:44 PM IST

    Real-estate sector expected to make up 18-20% of the country’s GDP by 2030: Amitabh Kant

    COVID-19 has resulted in housing demand consolidating towards branded developers, real-estate experts said at the CII conference

  • Macrotech Developers plans to raise up to Rs 4,000 crore, funding platform for data centres, logistic parks Oct 22, 2021 07:49 PM IST

    Macrotech Developers plans to raise up to Rs 4,000 crore, funding platform for data centres, logistic parks

    Mumbai-based Macrotech Developers, which markets its properties under Lodha brand, got listed on stock exchanges in April this year after raising Rs 2,500 crore through an initial public offering (IPO).

  • Golflinks Software Park Private Limited buys office space in Embassy Golflinks in Bengaluru for Rs 341 crore Oct 22, 2021 06:32 PM IST

    Golflinks Software Park Private Limited buys office space in Embassy Golflinks in Bengaluru for Rs 341 crore

    GSPL is a 50:50 joint venture between the Kelachandra group and the Embassy group

  • Hyderabad office space stock crosses 90 mn sq ft in Q3 2021 Oct 22, 2021 01:50 PM IST

    Hyderabad office space stock crosses 90 mn sq ft in Q3 2021

    The city is expected to add about 30-35 million sq ft of investment-grade business parks over the next three years, per a CBRE report.

  • Evergrande financial crisis | Struggling Chinese developer makes bond payment: Report Oct 22, 2021 09:39 AM IST

    Evergrande financial crisis | Struggling Chinese developer makes bond payment: Report

    Evergrande Group's struggle to reduce its 2 trillion yuan ($310 billion) of debt to comply with tighter official curbs on borrowing has prompted fears a default might trigger a financial crisis

  • Tech facilitates Ease of Doing Business; Online building permission system in all cities by March 2022: Housing Secretary Oct 21, 2021 08:52 PM IST

    Tech facilitates Ease of Doing Business; Online building permission system in all cities by March 2022: Housing Secretary

    The online system has been fully implemented in 19 states and Union Territories (UTs) and will soon be operationalised across all 36 states and UTs, he said.

  • Office space leasing increased by 89% QoQ in July-September: Colliers Oct 21, 2021 06:13 PM IST

    Office space leasing increased by 89% QoQ in July-September: Colliers

    Hyderabad emerged as market leader in terms of office sector demand in Q3.

  • Housing prices across cities largely stable in third quarter; may inch up as demand outgrows supply Oct 21, 2021 01:41 PM IST

    Housing prices across cities largely stable in third quarter; may inch up as demand outgrows supply

    Housing sales doubled in the cities in the third quarter, but prices were little changed; prices are likely to inch up gradually as demand exceeds supply, according to analysts

  • Mangalam Organics family buys luxury duplex unit for Rs 53 crore in Mumbai Oct 20, 2021 06:34 PM IST

    Mangalam Organics family buys luxury duplex unit for Rs 53 crore in Mumbai

    The project 33 South is a marquee property housing super luxury homes with duplex apartments.

  • Co-working 3.0: Hybrid office model becomes the new normal Oct 20, 2021 12:14 PM IST

    Co-working 3.0: Hybrid office model becomes the new normal

    It is no longer about where employees are working, but about how they are working

  • Draft Delhi Master Plan 2041: Second hearing of board of enquiry on October 20 Oct 19, 2021 08:56 PM IST

    Draft Delhi Master Plan 2041: Second hearing of board of enquiry on October 20

    DDA had published the draft Master Plan for Delhi-2041 on June 6, 2021 for inviting objections/ suggestions from general public. In response to which, approximately 33,000 objections/suggestions have been received by DDA in the timeframe of 75 days.

  • Upcoming office supply likely to keep vacancies high, rents under pressure: Edelweiss Research Oct 19, 2021 05:00 PM IST

    Upcoming office supply likely to keep vacancies high, rents under pressure: Edelweiss Research

    Demand in 9MCY21 is at 11.5msf which is down 14 percent YoY, indicating the pandemic’s adverse impact, it said

  • Housing prices to firm up in 12-18 months, says Motilal Oswal study Oct 19, 2021 02:21 PM IST

    Housing prices to firm up in 12-18 months, says Motilal Oswal study

    Over the long term, 20-25 players are likely to dominate the market versus the current developer count of 400-500, it said

  • Tribeca, developer of Trump Towers in India, appoints Harshwardhan Prasad as CEO Oct 19, 2021 01:25 PM IST

    Tribeca, developer of Trump Towers in India, appoints Harshwardhan Prasad as CEO

    Harshwardhan Prasad started his real estate career with Godrej Properties where he spent close to ten years in various leadership roles

  • China property, construction sectors contract for first time since COVID hit Oct 19, 2021 12:41 PM IST

    China property, construction sectors contract for first time since COVID hit

    The figures come a day after figures showed the world's second-biggest economy grew slower than forecast in the same period owing to the regulatory tightening as well as an energy crunch.

  • In Pics | Chandigarh ranked India’s happiest city to buy a home, Mumbai ranks lowest in world Oct 18, 2021 10:14 PM IST

    In Pics | Chandigarh ranked India’s happiest city to buy a home, Mumbai ranks lowest in world

    A survey was conducted by United Kingdom-based firm Online Mortgage Advisor, which revealed that five Indian cities including Chandigarh and Chennai are among the top 20 happiest cities in the world for buying a home. Here are the happiest and least happy cities in India for homebuyers:

  • Embassy REIT raises Rs 4,600 crore fresh debt to repay existing borrowings Oct 18, 2021 09:37 PM IST

    Embassy REIT raises Rs 4,600 crore fresh debt to repay existing borrowings

    The proceeds from this debt raise will be utilised by Embassy REIT to repay its existing zero-coupon bond outstanding of Rs 4,530 crore.

  • Mumbai least happy city in the world to buy a house; Chandigarh among the happiest places: Survey Oct 18, 2021 09:07 PM IST

    Mumbai least happy city in the world to buy a house; Chandigarh among the happiest places: Survey

    Atlanta in the US and Sydney in Australia were the second and the third most unhappy places to buy a house globally, it said. Paris was at number 7 and Dubai at number 19.

  • Byju’s leases office space in Mumbai for Rs 13.9 lakh per month for five years Oct 18, 2021 08:22 PM IST

    Byju’s leases office space in Mumbai for Rs 13.9 lakh per month for five years

    The mass vaccination drive and unlocking of the economy have aided in the revival of the office market.

  • Salman Khan renews rent agreement for Bandra duplex at Rs 8.25 lakh a month Oct 18, 2021 03:48 PM IST

    Salman Khan renews rent agreement for Bandra duplex at Rs 8.25 lakh a month

    The lease agreement was registered on August 30, 2021 but commenced on March 1, 2020 and is for three years

  • Sunteck Realty forms partnership to develop 110-acre housing project in Maharashtra Oct 18, 2021 01:29 PM IST

    Sunteck Realty forms partnership to develop 110-acre housing project in Maharashtra

    This land would be used for plotted and luxurious bungalows development, it added.

  • Residential real estate sales up 59% YoY in Q3 2021: PropTiger.com Oct 18, 2021 12:52 PM IST

    Residential real estate sales up 59% YoY in Q3 2021: PropTiger.com

    On a pan-India basis, weighted average price stood at Rs 6,200 – Rs 6,400 per sq ft, a YoY change of 5%, the report said

  • PE Investment in real estate jumps 24% annually in July-September at Rs 3,500 crore: Report Oct 15, 2021 02:53 PM IST

    PE Investment in real estate jumps 24% annually in July-September at Rs 3,500 crore: Report

    PE inflows in real estate had stood at USD 385 million in the year-ago period and around USD 900 million in the previous quarter.

  • Mumbai sees 356 property registrations a day during Navratri: Knight Frank India Oct 14, 2021 02:15 PM IST

    Mumbai sees 356 property registrations a day during Navratri: Knight Frank India

    The revenue collection at Rs 24 crore a day is 78% higher than in August and 37% percent in September

  • Commercial real estate expected to recover by end of calendar 2022: Analysis Oct 14, 2021 12:15 PM IST

    Commercial real estate expected to recover by end of calendar 2022: Analysis

    The three REITs are expected to offer distribution yields of 6-9% over FY22-24E along with 10-22% capital appreciation as per current target prices

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