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  • Are volume players the true biggies of real estate? May 28, 2022 12:40 PM IST

    Are volume players the true biggies of real estate?

    The real factors that define the true biggies are fiscal efficiency and impeccable track record, execution efficiency, and operational efficiency. These help build trust for the company and brand in the eyes of the buyer, which sets them apart from the also-ran players in the segment

  • Senior Gurugram town planner asks Mahira homebuyers to not pay more to builder; authorities to take possession of Sector 68 project next week May 27, 2022 09:06 PM IST

    Senior Gurugram town planner asks Mahira homebuyers to not pay more to builder; authorities to take possession of Sector 68 project next week

    A majority of the buyers who have invested in the Sector 68 project in Gurugram have paid almost 90 percent of what their flats cost. A total of 1,497 buyers have invested in the project.

  • Investments in proptech firms expected to touch $1bn in 2025: Report May 27, 2022 08:51 PM IST

    Investments in proptech firms expected to touch $1bn in 2025: Report

    For developers, high-performance buildings can lead to better occupier retention and lower operational costs, the report said.

  • 1,500 low-cost homes near Mumbai will be up for sale shortly in a lottery, says Maharashtra Housing Authority May 27, 2022 05:38 PM IST

    1,500 low-cost homes near Mumbai will be up for sale shortly in a lottery, says Maharashtra Housing Authority

    The homes are likely to go on sale next month in Mumbai’s satellite cities, including Navi Mumbai, Thane, Virar, Kalyan and Dombivali.

  • Tulip Infratech to develop stuck project of Vipul Ltd, to invest Rs 4,000 crore over seven years May 27, 2022 12:57 PM IST

    Tulip Infratech to develop stuck project of Vipul Ltd, to invest Rs 4,000 crore over seven years

    Insolvency proceedings against Vipul Ltd were withdrawn in 2020 and Tulip Infratech took over the incomplete mixed-use project in 2021

  • Oberoi Realty's Q4 consolidated net profit dips 19% to Rs 232.65 crore May 26, 2022 10:34 PM IST

    Oberoi Realty's Q4 consolidated net profit dips 19% to Rs 232.65 crore

    The company’s board approves resolutions to raise up to Rs 1,500 crore through issuance of non-convertible debentures.

  • MHADA lists 21 'extremely dangerous' buildings in Mumbai; residents asked to vacate before monsoon May 26, 2022 10:14 PM IST

    MHADA lists 21 'extremely dangerous' buildings in Mumbai; residents asked to vacate before monsoon

    Every year before the monsoon, the state housing authority carries out a pre-monsoon audit, and based on the outcome, notices to vacate are issued to residents of these ‘dangerous’ buildings.

  • Co-working startup Synq.work to invest Rs 7 crore for three new centres this year May 26, 2022 05:19 PM IST

    Co-working startup Synq.work to invest Rs 7 crore for three new centres this year

    The new facilities are expected to come up in Chandigarh, Gurugram and Delhi.

  • Land deals double to 28, covering more than 1,237 acres, so far this year: Report May 26, 2022 12:20 PM IST

    Land deals double to 28, covering more than 1,237 acres, so far this year: Report

    Of the total land deals in 2022 till date, 18 deals for 351 acres are for residential developments; At least three deals are for data centres, two for logistics and warehousing and four for mixed-use developments

  • Supertech Insolvency case | Lender rejects builder's offer; here're the details May 25, 2022 10:08 PM IST

    Supertech Insolvency case | Lender rejects builder's offer; here're the details

    The matter will now be heard on June 1, 2022 to decide the further course of action.

  • Gurugram’s NBCC GreenView residents demand immediate refund from NBCC for ‘unsafe’ flats, seek FIR against builder May 25, 2022 09:02 PM IST

    Gurugram’s NBCC GreenView residents demand immediate refund from NBCC for ‘unsafe’ flats, seek FIR against builder

    Authorities say a meeting with NBCC officials will be held next week to resolve refund-related issues faced by homebuyers.

  • CBRE appointed as advisor for developing multi-modal logistics parks in five cities May 25, 2022 08:59 PM IST

    CBRE appointed as advisor for developing multi-modal logistics parks in five cities

    These MMPLs will help in bringing the logistics costs down from the present 13-14% of India's GDP to 8-10%, a benchmark achieved by developed economies such as Japan and the EU, CBRE said.

  • The Moneycontrol Real Estate Show | Are companies now better prepared to handle a fourth wave of COVID-19? May 25, 2022 07:42 PM IST

    The Moneycontrol Real Estate Show | Are companies now better prepared to handle a fourth wave of COVID-19?

    In this episode of The Moneycontrol Real Estate show, Moneycontrol's Vandana Ramnani talks to Vikaash Khdloya, Deputy Chief Executive Officer and COO, Embassy REIT about commercial leasing trends after three waves of COVID-19. He tells listeners that the company is starting to see rents inching up as people get back to work as the physical occupancy of commercial parks improve.

  • NCLT allows ICICI Pru Venture Capital to withdraw insolvency proceedings against ATS group firm May 25, 2022 03:47 PM IST

    NCLT allows ICICI Pru Venture Capital to withdraw insolvency proceedings against ATS group firm

    The dispute relates to a Rs 75 crore loan by ICICI Pru Venture to the Noida-based developer. The National Company Law Appellate Tribunal had earlier stayed the insolvency proceedings initiated by NCLT in March 2022.

  • Over 1000 homebuyers of a Gurugram project in a fix after authorities cancel builder’s license May 24, 2022 05:07 PM IST

    Over 1000 homebuyers of a Gurugram project in a fix after authorities cancel builder’s license

    DTCP Gurugram to meet homebuyers on May 27 to discuss modalities of project takeover.

  • Service class dominates homebuying; luxury and mid-segment homes account for 79% demand May 24, 2022 03:59 PM IST

    Service class dominates homebuying; luxury and mid-segment homes account for 79% demand

    Chennai and Pune witnessed the highest demand in the mid-end segment, which accounted for nearly 60 percent and 59 percent of the total demand in these cities. Bengaluru recorded almost 56 percent of demand geared towards the high-end segment, the report said.

  • Residential housing prices up by 4% in Q1 2022: Report May 24, 2022 03:38 PM IST

    Residential housing prices up by 4% in Q1 2022: Report

    In Q1 2022, Bengaluru noted the steepest drop in unsold inventory by 23% YoY.

  • Homebuyers welcome Maharashtra govt’s decision to extend PMAY scheme May 24, 2022 01:19 PM IST

    Homebuyers welcome Maharashtra govt’s decision to extend PMAY scheme

    Real estate developers say that in a city like Mumbai constructing affordable homes is a challenge as the cost of land is high

  • Oberoi Realty signs deal to develop land parcel worth Rs 404 crore in Mumbai May 23, 2022 07:12 PM IST

    Oberoi Realty signs deal to develop land parcel worth Rs 404 crore in Mumbai

    High-value land transactions have gained ground in the recent past primarily on account of increase in demand for housing

  • PE investments in real estate stood at $1,180 million in Q1 of 2022: Knight Frank India May 23, 2022 02:58 PM IST

    PE investments in real estate stood at $1,180 million in Q1 of 2022: Knight Frank India

    The real estate sector is estimated to receive private equity investments of $6,884 million in CY 2022.

  • Real estate sector welcomes govt announcement to cut duties on iron, steel inputs May 22, 2022 05:31 PM IST

    Real estate sector welcomes govt announcement to cut duties on iron, steel inputs

    The move is ‘timely’ and will help bolster the availability of raw materials domestically, cool off prices of steel products, and help tide the rise in prices of real estate projects, strengthening consumer sentiment, said experts

  • Maharashtra tribunal orders developer to pay interest to homebuyers for 32-month delay May 20, 2022 06:56 PM IST

    Maharashtra tribunal orders developer to pay interest to homebuyers for 32-month delay

    The Maharashtra Real Estate Appellate Tribunal also told Lucina Land Developers not to charge the buyers for the facilities it failed to provide

  • Facilitate Tier 2 and 3 cities to take on the mantle in the future: Niti Aayog-ADB report May 20, 2022 06:18 PM IST

    Facilitate Tier 2 and 3 cities to take on the mantle in the future: Niti Aayog-ADB report

    It notes that land acquisition is a challenge and that there is a need to explore alternative models for land acquisition and assembly and consider relaxation of building bye-laws that may be constraining the supply of land.

  • Blackstone top brass on India strategy, growth plans and realty market May 20, 2022 03:53 PM IST

    Blackstone top brass on India strategy, growth plans and realty market

    With around $20 billion market value across 40 investments, Blackstone Real Estate is the largest owner of office space in India. Catch Nisha Poddar in conversation with Kenneth Caplan, Global CIO of Blackstone Real Estate Group, and Tuhin Parikh, Head of Real Estate of Blackstone India as they discuss the group's India strategy, growth plans and reality market.

  • Exclusive Interview: Blackstone Real Estate bullish on India, sees office rentals firming up May 20, 2022 02:15 PM IST

    Exclusive Interview: Blackstone Real Estate bullish on India, sees office rentals firming up

    Blackstone Real Estate's top management spoke at length about the state of investments in India and how they envision an all-round recovery in office rentals, malls and logistics

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