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  • NBCC assures Jaypee homebuyers it would deliver 70% units in 30 months May 07, 2021 10:25 PM IST

    NBCC assures Jaypee homebuyers it would deliver 70% units in 30 months

    NBCC has also proposed to set up a single-window redressal system to help resolve grievances of homebuyers.

  • Watch: Rakesh Jhunjunwala’s latest portfolio recast May 07, 2021 12:10 PM IST

    Watch: Rakesh Jhunjunwala’s latest portfolio recast

    Ace investor Rakesh Jhunjhunwala has made some significant changes to his stocks portfolio. Watch this video to more about the churn in the Big Bull's holdings at the end of March 2021 quarter.

  • In Pics | Dubai luxury home market soars as world's rich flee pandemic May 06, 2021 09:34 PM IST

    In Pics | Dubai luxury home market soars as world's rich flee pandemic

    Sales of Dubai’s upscale properties, once slow, soared 230% in the first quarter of 2021, compared to the same period last year. Prices in some top-end areas rose as much as 40%, according to Property Finder, the country’s largest real-estate website.

  • Jaypee Infratech case: Resolution process may get delayed; IRP seeks extension for a month from Supreme Court May 06, 2021 09:16 PM IST

    Jaypee Infratech case: Resolution process may get delayed; IRP seeks extension for a month from Supreme Court

    On March 24, the Supreme Court had directed the interim resolution professional of Jaypee Infratech to invite modified or fresh resolution plans only from Suraksha Realty and state-run NBCC and complete insolvency proceedings in 45 days. The timeline ends on May 8

  • New Delhi ranks 32nd and Mumbai 36th in Global Prime Residential Index by Knight Frank May 06, 2021 03:01 PM IST

    New Delhi ranks 32nd and Mumbai 36th in Global Prime Residential Index by Knight Frank

    New York was the weakest performing global city during the period, with luxury home prices falling by 5.8%

  • COVID-19 second wave: Commercial real estate space occupiers put leasing plans on hold May 06, 2021 02:48 PM IST

    COVID-19 second wave: Commercial real estate space occupiers put leasing plans on hold

    The leasing momentum in the upcoming quarters will mainly depend on the time taken to contain the pandemic; rental escalation a far cry in the present circumstances

  • The real estate sector will need government support to revive  May 06, 2021 09:30 AM IST

    The real estate sector will need government support to revive 

    The industry already has an unsold inventory of 7.05 lakh units, which would take four years for the developers to sell 

  • COVID-19 Second Wave: What the future holds for flexible workspaces May 05, 2021 07:04 PM IST

    COVID-19 Second Wave: What the future holds for flexible workspaces

    As the office market recovers from the second wave, enterprise demand is expected to grow steadily with companies preferring capex-light business solutions and moving away from traditional office spaces in the short term

  • Four years of RERA: Around 63,583 real estate projects registered; 65,539 complaints disposed of May 05, 2021 04:52 PM IST

    Four years of RERA: Around 63,583 real estate projects registered; 65,539 complaints disposed of

    Uttar Pradesh has disposed of the most complaints in four years (nearly 26,510 cases), followed by Haryana with 13,269 cases and Maharashtra with 9,265 cases; the three states together accounted for 75 percent share of disposed cases.

  • RBI announcements to provide big relief to real estate-linked SME players: Experts May 05, 2021 03:07 PM IST

    RBI announcements to provide big relief to real estate-linked SME players: Experts

    Developers urge government to dole out similar measures to address concerns of large businesses and labour-intensive sectors.

  • CREDAI NCR sets up oxygen concentrators bank to help COVID-19 patients May 04, 2021 09:57 PM IST

    CREDAI NCR sets up oxygen concentrators bank to help COVID-19 patients

    The first batch of oxygen concentrators were booked and issued within hours of inauguration of the oxygen facility on May 2 in Noida

  • Lockdown forces sharp fall in cement demand; signals slowdown in construction activity May 04, 2021 07:25 PM IST

    Lockdown forces sharp fall in cement demand; signals slowdown in construction activity

    Industry pins its hopes on lifting of temporary state imposed restrictions; government has major infrastructure projects like Bharat Mala in the pipeline

  • Net absorption for commercial real estate in Delhi NCR rises 5% to 1.07 million sq ft in Q12021: JLL May 04, 2021 02:25 PM IST

    Net absorption for commercial real estate in Delhi NCR rises 5% to 1.07 million sq ft in Q12021: JLL

    Noida contributed 55% of the net absorption followed by Gurugram with a contribution of 38%, the report said

  • SC says WB Housing Industry Regulation Act of 2017 ‘unconstitutional’, in conflict with Centre's RERA May 04, 2021 11:22 AM IST

    SC says WB Housing Industry Regulation Act of 2017 ‘unconstitutional’, in conflict with Centre's RERA

    The court said homebuyers who purchased properties under the state law before its verdict need not worry as their registration and other acts will remain valid

  • Blackstone betting big on India-its most profitable market May 03, 2021 08:32 PM IST

    Blackstone betting big on India-its most profitable market

    That apart it has two REITs, making it the largest owner of office, real estate and a leading player in the retail and logistics space.

  • COVID-19 second wave: Footfalls in malls down by 50% from March levels in areas facing high curbs May 03, 2021 07:19 PM IST

    COVID-19 second wave: Footfalls in malls down by 50% from March levels in areas facing high curbs

    Fresh round of lockdowns may lead to another round of rental negotiations/waivers having to be offered by mall owners in FY22E as well, experts say.

  • Godrej Properties posts loss of Rs 191.6 crore for Q4 of FY'21 May 03, 2021 03:55 PM IST

    Godrej Properties posts loss of Rs 191.6 crore for Q4 of FY'21

    On the operational front, the company said its total sales booking grew 10 percent YoY at Rs 2,632 crore during the quarter under review.

  • COVID-19 second wave: Only 7% of Mumbai property registrations in April were new sales May 03, 2021 03:28 PM IST

    COVID-19 second wave: Only 7% of Mumbai property registrations in April were new sales

    Up to 93 percent of 10,136 registrations were from property deals closed between December 2020 and March 2021.

  • Over 10,000 Mumbai properties worth Rs 10,275 crore registered in April minus stamp duty waiver May 01, 2021 12:19 PM IST

    Over 10,000 Mumbai properties worth Rs 10,275 crore registered in April minus stamp duty waiver

    While the number of registrations in April declined by almost 43 percent compared to March when a stamp duty waiver of 3 percent was available, it increased by almost 70 percent compared to April 2019

  • Almost half of housing sales in January-March 2021 contributed by affordable housing segment: Report Apr 30, 2021 03:20 PM IST

    Almost half of housing sales in January-March 2021 contributed by affordable housing segment: Report

    Weighted average prices for new launched projects in a majority of India’s top cities remained muted in the past few quarters, with prices appreciating marginally in the range of 1–3 percent annually, the PropTiger report said

  • Real estate developers help out with hospital infrastructure; some decide to bear cost of COVID-19 vaccination for homebuyers Apr 30, 2021 02:47 PM IST

    Real estate developers help out with hospital infrastructure; some decide to bear cost of COVID-19 vaccination for homebuyers

    The Confederation of Real Estate Developers' Association of India has announced that it will provide free vaccination to over 2.5 crore construction workers at the sites of its over 13,000 developer members across 217 Indian cities and towns.

  • Jaypee Infratech case: Resolution process may get delayed, say sources Apr 30, 2021 02:28 PM IST

    Jaypee Infratech case: Resolution process may get delayed, say sources

    NBCC and Suraksha Group sweeten bids.

  • COVID-19 second wave: construction workers leave for home; developers fear exodus may impact project completion Apr 29, 2021 06:25 PM IST

    COVID-19 second wave: construction workers leave for home; developers fear exodus may impact project completion

    Realtors fear the halt in construction activity may reverse the gains in the last quarter of 2020 and that it may take almost a year to bring the situation back to normal

  • COVID-19: RWAs breathe new life by arranging oxygen cylinders, setting up medical facilities in club houses Apr 28, 2021 10:33 PM IST

    COVID-19: RWAs breathe new life by arranging oxygen cylinders, setting up medical facilities in club houses

    In Maharashtra, the state government has delegated special powers of police officers to the cooperative housing society chairman and secretary to ensure that all COVID-19 norms are adhered to

  • Covid-19 impact: 2 out of 3 global office space occupiers plan to expand their office portfolio within three years Apr 28, 2021 03:09 PM IST

    Covid-19 impact: 2 out of 3 global office space occupiers plan to expand their office portfolio within three years

    Nearly half of the respondents in a survey by real estate consultancy Knight Frank plan to improve staff workplace amenities post-pandemic. The report also noted that there is a clear rise in demand for sustainable real estate plans as firms have set target dates for net-zero emissions

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