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    • Dubai’s luxury property sales continue record-setting streak

      Sales of homes priced above $10 million surged to $2.6 billion between April and June, according to researcher Knight Frank

    • CBRE's Project Management business division in India records total managed portfolio of over 1 billion sq ft

      The total capital spend managed by the team stood at  $14 billion across service categories in 2022; Business division eyes expansion in multiple service lines across various cities and expanding to Tier 2 cities.

    • What are real estate bonds?

    • Delhi-NCR builders need 73 months to sell unsold housing stock, Bengaluru only 31 months: Report

      According to the PropTiger’s latest data, builders across eight major cities in India are sitting on an unsold stock of 7,35,852 units as of March 31, 2022

    • No bailout is coming; Mumbai real estate industry should now lobby for the right bureaucrats

      Interest rate cut or rise in FSI makes good headlines but the revival of real estate will no longer depend on announcements but on a set of execution specialists.

    • Godrej Properties FY'17 sales booking down 60% at Rs 2,020 cr

      It had sold properties worth Rs 5,038 crore in the 2015- 16 fiscal, mainly on the back of nearly Rs 1,500 crore office space deal at BKC, Mumbai to healthcare products major Abott.

    • Delhi Metro to foray into residential real estate development

      The Delhi Metro Rail Corporation (DMRC) is all set to venture into the residential real estate market and will soon put up over 500 flats, in the Rs 60 lakh to Rs 1 crore &#82

    • Potential SoftBank-WeWork deal highlights flexible office trend

      Media reports say Japan's SoftBank Group Corp , with expertise in information technology and telecommunications, is close to investing more than USD3 billion in the US office-sharing upstart WeWork. This would mark a major vote of confidence in the business and the sector overall.

    • China's economy grows steadily at 6.7% in 3rd quarter

      China recorded a "steady" GDP growth rate of 6.7 per cent in the third quarter of this year, thanks to a red hot real estate market and government backed spending and lending that propped up the world's second-largest economy which witnessed continuous slowdown.

    • Donald Trump says he 'brilliantly' used US tax laws

      Hillary Clinton, the Democratic nominee for the Nov. 8 election, has seized on the report, arguing the tax records undercut Trump's business acumen.

    • Housing sales decline 2.2% to 1.58 lakh units in FY16

      Property consultant JLL India in its monthly report said housing sales in January-March period of 2016 rose by 9 percent over the previous quarter.

    • Chinese investment in US real estate tops $300 bn: Study

      Between 2010 and 2015 Chinese buyers bought USD 93 billion in residential real estate, nearly USD 208 billion of mortgage-backed securities, and roughly USD 17 billion of commercial real estate, including office towers and hotels, according to the report by the Rosen Consulting Group and the Asia Society.

    • China's steel rally: False dawn or market shift?

      Towards the end of 2015 and early this year, steel mills, traders and end users in the manufacturing sector ran down existing stocks, which led to stronger-than-usual seasonal restocking typically seen over the Lunar New Year period, explained Paul Bartholomew, senior managing editor at Platts.

    • Oberoi Realty sells 645 housing units in Q3 for Rs 1,775cr

      Oberoi Realty sold 645 housing units for about Rs 1,775 crore in the third quarter of this fiscal, largely in its newly-launched residential project at Borivali in Mumbai.

    • Realty sector eyes New Year to end multi-year slowdown

      Experts said the the housing sales have remained flat this year despite 15-20 per cent fall in prices and multiple interest rate cuts, while a glut continued in the market because of investors still sitting on old inventories.

    • Developers flock to buy TDR from MMRDA; may fetch Rs 130cr

      The Mumbai Metropolitan Region Development Authority (MMRDA) has put on block TDR on three plots in Goregaon and Jogeshwari. This includes area of 10,574.76 sq mt of Nirlon Park and 9,970.49 sq mt of NESCO, both in Goregaon and 9,454.75 sq mt of Ajgaonkar plot in Jogeshwari.

    • Unitech to raise Rs 200cr for ongoing housing projects

      Unitech has increased the pace of construction works significantly during last two months to complete ongoing housing projects and improve cash flow, its Mananging Director Sanjay Chandra told agency.

    • Surging Shanghai stocks a bubble: China strategist

      There's a "total disconnect" between this year's strength in Shanghai stocks and the slowing Chinese economy, strategist Patrick Chovanec said Wednesday.

    • Mahindra Lifespaces to open offices in key overseas market

      With a portfolio spanning the mid, premium and luxury housing segments, the company is present across cities like Mumbai, Pune, Nagpur, Gurgaon, Chennai and Hyderabad.

    • Cabinet amends real estate bill to curb illegal practices

      The decision by Prime Minister Narendra Modi's government to amend the bill, which was submitted by the previous government in 2013 but not passed by the upper house, aims to boost investor confidence and stamp out illegal practices.

    • Godrej Properties sees robust portfolio launches in H2FY15

      According to Pirojsha Godrej of Godrej Properties the real estate market is likely to pick up in Mumbai and Haryana.

    • China real-estate: A bubble bursting

      The importance of China`s property market cannot be underestimated - it accounts for roughly 15 percent of gross domestic product (GDP) and directly affects other sectors such as banking and construction.

    • Mistakes to avoid while buying a home

      Because of limited knowledge of the local real estate market or reliance on a broker with a limited portfolio, we choose a home merely because it fits our budget. There is a sense of helplessness involved - we wish we had more options, but there do not appear to be any.

    • Sobha Developers slides 4%, brokerages not worried

      Sobha Developers has been one of the top picks because of it is strategically placed in the Bangalore market which has been doing well and the fundamentals of Sobha Developers has been quite impressive up until now.

    • Developers pin hope albeit RBI's status quo

      Economists believe that a status quo on key policy rates will serve as a breather for households and leveraged developers alike.

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