Real Estate Sector

While GDP has grown better than expected, this was the driest August ever recorded. That does not augur well, unless the rain gods change their mind. India's real estate sector is on the rise, but the gender gap in its workforce persists.

Mortgage players to break ground in bullish real estate sector, says Raamdeo Agrawal

The Motilal Oswal Asset Management Company co- founder is upbeat about the sector and its ancillaries, primarily mortgages along with paint, cement and tiles

Mana Projects plans to develop 10 msf with potential revenue of Rs 2,500 cr in Bengaluru

The company has already acquired 35 acres of land in FY23 for Rs 75 crore in the city. The five projects will include 2BHK compact smart homes, starting from Rs 75 lakh and 3/4BHK luxury inventories starting from Rs 2.75 crore. It will also include mid-range 3BHKs, priced at Rs 1.4 crore.

Q3 Earnings Preview |Realty sees support from strong demand for office space, resilient housing market

Healthy double-digit sequential growth is expected in both revenue and earnings for the sector while softening input costs drive margin expansion.

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.

Real Estate Q4 Preview | Demand momentum backed by new products bodes well for industry; margins under pressure

Product launches, robust collections and pre-sales, better pricing power and ability to absorb inflation help large listed players gain market share

INSACOG has sequenced over 1.02 lakh SARS-CoV-2 genomes till November 25: Govt

The Indian SARS-CoV-2 Genomics Consortium (INSACOG), being coordinated by the Department of Biotechnology (DBT), as on November 25, 2021 has sequenced 1,02,880 SARS-CoV-2 genomes

Realty index at 10-year high: 7 stocks are still 10-80% lower than record highs – time to buy them?

The real estate sector could turn out to be the Dark Horse of 2021 and barring the possibility of a third wave of the pandemic, realty stocks can continue their run-up

Real estate sector to cross $1 trillion by 2030: Housing Secretary

Housing Secretary Durga Shanker Mishra said the sector is also very important from the point of view of employment and highlighted that out of 50 crore jobs, real estate provides 5.5 crore employment opportunities.

Budget 2020: 'Govt could come out with policies to revive real estate sector'

We believe that the government will continue its focus on infrastructure, housing, manufacturing and rural economy as a lot still needs to be do done on all these fronts.

Indian lenders’ exposure to real estate doubled in last 4 years: RBI report

Loans given to real estate companies rose to Rs 2.01 lakh crore in June 2019, from Rs 1.05 lakh crore in June 2016, the RBI said in the Financial Stability Report released on December 27.

DLF Q2 PAT may dip 57.7% YoY to Rs. 84.7 cr: Edelweiss

Net Sales are expected to decrease by 6.1 percent Y-o-Y (down 5 percent Q-o-Q) to Rs. 1945.3 crore, according to Edelweiss.

RERA silent on environment norms; no solution to delayed clearances

The Act also does not offer any solution to project delays on account of authorities delaying environment paper work or any penalties on such authorities.

Real estate companies waiting for clarity on GST, new law: Study

Property consultant Knight Frank India and FICCI today released its real estate sentiment index, based on a quarterly survey of key supply-side stakeholders, which include developers, private equity funds, banks and non-banking financial companies (NBFCs),

RERA may help homebuyers seek better loan terms, easier access to finance

Financial sector experts believe lenders would gain extra comfort in extending loans to homebuyers under the new real estate law, which came into force from May 1.

Union Budget 2017-18: Cautious with focus on affordable housing: Sunil Mishra

According to Sunil Mishra, Chief Strategy Officer at PropTiger.com, Union Budget 2017 has been cautious while the standalone sector being the real estate.

Consolidation in realty sector to gain momentum post notes ban

The real estate sector is likely to witness further consolidation as property sales and demand have been affected post demonetisation, according to realty consultant JLL India.

Retail real estate saw $700 mn investment in 2016: CBRE

"The retail segment in 2016 witnessed more than USD 0.7 billion of investment by PE firms and wealth funds and saw the entry of 19 new global brands into the country," CBRE said in a report.

PE inflow in real estate up 62% in 2016 at Rs 38,000cr:JLL India

Out of the total PE inflow, Rs 13,500 crore was investment through pure equity while the rest was through different structures of debt. Even in terms of pure equity, 2016 saw an impressive increase of 29 percent (year-on-year).

Don't interfere in real estate sector: Adi Godrej to govt

"No. Nothing," he replied when asked if he thought that the government needs to do something as some argue that real estate and gold are among the biggest generators of unaccounted wealth.

Note ban impact on realty not as bad as projected: Ajay Piramal

Asserting that sales in A-class real estate sector have been about 75 percent of the average, Ajay Piramal of Piramal Enterprises rubbished concerns of demonetisation have a big impact on realty.

Demonetisation: Mumbai builders in safe zone, dismiss fall in prices

It is estimated that real estate transactions account for one third of all black money transactions in India - so when Prime Minister Modi made the demonetisation announcement, it was assumed that land property prices would fall. However, real estate experts and developers believe this will not be the case, at least in Mumbai.

PE investment in realty up 22% at Rs 28,000 cr in Jan-Sept

In its latest report on Private Equity investments in Real Estate (PERE), C&W said that "the year to date (till September 30) inflows in 2016 increased 22 percent to Rs 28,300 crore billion (USD 4.24 billion), up from Rs 23,200 (USD 3.6 billion) recorded during the same period last year".

JLL invests in tech start-up Foyr.com

JLL did not disclose the amount invested in Foyr.com -- a technology platform for visualising real estate space. But it expects three more investments this year and 10-15 in the next 12-18 months.