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  • ATS Infrastructure launches project management consultancy to assist developers in completing stalled projects Mar 01, 2021 08:25 PM IST

    ATS Infrastructure launches project management consultancy to assist developers in completing stalled projects

    The consultancy targets to acquire over 18 stalled and delayed projects under residential and commercial segments over the next five years.

  • hBits to raise Rs 44 crore from investors interested in buying 38k sq ft office space in Mumbai Mar 01, 2021 08:15 PM IST

    hBits to raise Rs 44 crore from investors interested in buying 38k sq ft office space in Mumbai

    Ankush Ahuja, Director, Business Development and Investments, hBits, said the investors can earn rental yield of 9.2 percent from this asset.

  • Stamp duty cut in Maharashtra drives property registration of over 10,000 housing units worth Rs 11,000 crore Mar 01, 2021 02:45 PM IST

    Stamp duty cut in Maharashtra drives property registration of over 10,000 housing units worth Rs 11,000 crore

    The department of registration and stamps collected around Rs 352 crore in revenue in February 2021.

  • Godrej Properties highest bidder in CIDCO e-auction, total bidding value Rs 166 crore for two plots Mar 01, 2021 12:32 PM IST

    Godrej Properties highest bidder in CIDCO e-auction, total bidding value Rs 166 crore for two plots

    The Mumbai-based real estate developer will acquire two plots in Sanpada, Navi Mumbai from the City and Industrial Development Corporation (CIDCO)

  • Rental appreciation witnesses faster growth than capital prices in top luxury markets Mar 01, 2021 12:04 PM IST

    Rental appreciation witnesses faster growth than capital prices in top luxury markets

    The average rentals for a house of minimum 2,000 sq. ft. size in the top 7 cities' key luxury hotspots rose anywhere between 17% to 26% in 2020

  • Ranbir Kapoor, Bachna Ae Haseeno and Mumbai real estate Feb 28, 2021 04:01 PM IST

    Ranbir Kapoor, Bachna Ae Haseeno and Mumbai real estate

    The Bollywood movie has uncanny similarities to the after-sales aspect that is commonly followed in the real estate business.

  • Puravankara enters plotted development business; to launch six projects at Rs 825 crore Feb 28, 2021 03:11 PM IST

    Puravankara enters plotted development business; to launch six projects at Rs 825 crore

    In an interview with PTI, Bengaluru-based Puravankara Ltd Managing Director Ashish R Puravankara said the company has created a separate brand and team ''Purva Land'' to enter into plotted development segment.

  • Bengaluru real estate: COVID-19 sees flurry of property deals worth Rs 10-35 crore Feb 28, 2021 08:07 AM IST

    Bengaluru real estate: COVID-19 sees flurry of property deals worth Rs 10-35 crore

    The size of real estate deals in Bengaluru is around Rs 10 crore to Rs 35 crore

  • Enforcement Directorate attaches over Rs 84 crore assets of Karnataka-based coop society promoters Feb 27, 2021 06:04 PM IST

    Enforcement Directorate attaches over Rs 84 crore assets of Karnataka-based coop society promoters

    The properties, provisionally attached under sections of the Prevention of Money Laundering Act (PMLA), include agricultural and non-agricultural land, buildings, residential flats and factories.

  • Where Have All the Houses Gone? Feb 26, 2021 10:44 PM IST

    Where Have All the Houses Gone?

    It’s one flashing sign that the housing market — which can defy basic laws of economics even in normal times — is acting very, very strangely.

  • Q3 GDP data: Real estate sector sees improvement in Oct-Dec quarter on rise in demand Feb 26, 2021 07:44 PM IST

    Q3 GDP data: Real estate sector sees improvement in Oct-Dec quarter on rise in demand

    With opening up of the economy in a phased manner, construction activities resumed and this was evidently visible during the last quarter of 2020. Similarly, the leasing activities in commercial real estate and sales and launches in residential segment reflected robust signs of recovery.

  • Mumbai Metropolitan Region sees 33% YoY growth in housing sales in January: Report Feb 26, 2021 03:21 PM IST

    Mumbai Metropolitan Region sees 33% YoY growth in housing sales in January: Report

    In the central suburbs, the value of sales in January 2021 which stood at Rs 1,069 crore was a substantial 71 percent more than the monthly average of value of units sold in previous 3 years, with an average ticket size of Rs 2.1 crore.

  • Will 2021 witness a turnaround for housing and residential sector? Which segments will make a comeback first? Feb 26, 2021 02:00 PM IST

    Will 2021 witness a turnaround for housing and residential sector? Which segments will make a comeback first?

    Peripheral parts of the large urban agglomerations will see continued demand due to affordable housing projects, followed by micro-markets with unit prices ranging from Rs 40 lakh to Rs 85 lakh in key markets, except for Mumbai where the demand will equally increase and sustain for units ranging from Rs 1.20 to Rs 2.5 crore

  • Institutional investments in Indian real estate expected to grow by 14.6% to Rs 396 bn in 2021: Colliers Feb 25, 2021 07:12 PM IST

    Institutional investments in Indian real estate expected to grow by 14.6% to Rs 396 bn in 2021: Colliers

    Investors with a long-term horizon may scout for greenfield data centre assets as they yield more attractive returns than brownfield assets, the report said

  • Net absorption of office space to remain stable at 20 million square feet in 2021: Colliers Feb 25, 2021 04:19 PM IST

    Net absorption of office space to remain stable at 20 million square feet in 2021: Colliers

    With new demand likely remaining slow in H1, Grade A office rents may decline in 2021, with overall rents dropping by 3.7% this year and showing improvements from 2023 onwards, the report by Colliers said

  • Shapoorji Pallonji Real Estate and SBI sign MoU to offer faster home loan approvals to homebuyers Feb 25, 2021 03:43 PM IST

    Shapoorji Pallonji Real Estate and SBI sign MoU to offer faster home loan approvals to homebuyers

    The new tie-up will cover Shapoorji Pallonji Real Estate's existing housing projects across key markets.

  • Indiabulls Real Estate-Embassy Group scheme of amalgamation one step closer to completion Feb 25, 2021 03:30 PM IST

    Indiabulls Real Estate-Embassy Group scheme of amalgamation one step closer to completion

    The merger is expected to create one of the leading market players among listed companies in the real estate sector in terms of surplus from launched projects, land bank ownership and residential stock and planned area development in India.

  • Max Groups’ MaxVIL launches managed office space business; targets 2 lakh sq ft Feb 25, 2021 01:06 PM IST

    Max Groups’ MaxVIL launches managed office space business; targets 2 lakh sq ft

    The first WorkWell Suites spanning 14,000 sq ft launched in Delhi at Max House, Okhla

  • Listed developers from Delhi, Bengaluru planning to launch housing projects in Mumbai Feb 25, 2021 12:43 PM IST

    Listed developers from Delhi, Bengaluru planning to launch housing projects in Mumbai

    As the realty market favours players with a proven record on project execution, pedigree developers see fresh opportunity in Mumbai. DLF, Puravankara lead trend. Maharashtra decision to cut premium on real-estate projects by half till Dec 31, 2021, also attracting builders from other states

  • Mid-segment and affordable housing to remain in focus in 2021: JLL Feb 24, 2021 08:19 PM IST

    Mid-segment and affordable housing to remain in focus in 2021: JLL

    There will be an increased focus on health and wellness aspects in the post-COVID era, which is expected to drive demand for organised co-living and student housing setups, the report said.

  • COVID-19 impact: NRIs eye luxury homes; Bengaluru and Pune preferred real estate markets Feb 24, 2021 08:07 PM IST

    COVID-19 impact: NRIs eye luxury homes; Bengaluru and Pune preferred real estate markets

    As many as 73 percent NRIs prefer homes in the Rs 90 lakh to Rs 2.5 crore budget.

  • One out of five Indian UHNWIs plan to buy new home in 2021: Knight Frank Wealth Report 2021 Feb 24, 2021 04:19 PM IST

    One out of five Indian UHNWIs plan to buy new home in 2021: Knight Frank Wealth Report 2021

    Thanks to the pandemic, the ultra-rich are most likely to procure asset in a resort or a coastal area; 46 percent of them are interested in environmental, social and governance (ESG) -focused property for investments

  • Global prime residential markets register nearly 2% price rise in 2020: Knight Frank Wealth Report 2021 Feb 24, 2021 03:23 PM IST

    Global prime residential markets register nearly 2% price rise in 2020: Knight Frank Wealth Report 2021

    Auckland tops the PIRI 100 list by registering an annual price rise of 17.5%. Prime property markets in Delhi (-0.1%), Mumbai (-1.5%), Bengaluru (-2.0%), register annual decline in prices in 2020

  • India’s ultra-rich population to grow by 63% over next five years, second-fastest globally: Knight Frank Wealth Report 2021 Feb 24, 2021 02:41 PM IST

    India’s ultra-rich population to grow by 63% over next five years, second-fastest globally: Knight Frank Wealth Report 2021

    India’s billionaire count to increase from 113 in 2020 to 162 by 2025; Cities with the highest concentration include Mumbai’s with 920 billionaires, Delhi 375 and Bengaluru at 238

  • 10 big-ticket property deals inked during COVID-19 Feb 24, 2021 09:45 AM IST

    10 big-ticket property deals inked during COVID-19

    Sea-facing apartments, bungalows in tree-lined boulevards in the country’s power district and ultra-luxury homes with private lifts to guard privacy—when the rich and powerful go shopping, they go big. The need for a spacious home with a dash of green was never felt more acutely than it was during the lockdown. A cut in stamp duty in markets like Mumbai made the shopping experience even more gratifying.

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