Residential Projects

Oberoi Realty: Stable cash flows key to sustaining growth plans

Oberoi’s stuttering pre-sales in key large projects and deferred plans on a new one have raised concerns on near term growth

Chennai residential market records 2% year-on-year growth: Knight Frank India

The supply of new residential projects also witnessed an increase of three per cent year on year at 3,912 new homes during the quarter as compared to 3,795 recorded in the corresponding period last year, the study said.

Tepid demand, risk-averse bank lending hampers real estate recovery

The slowdown can be viewed as a market correction, with the real estate sector recoiling from the cash crunch engendered by demonetization and reforms to protect the interests of home-buyers.

No plans to take over delayed residential projects: Government

"There is no such proposal under consideration of the government to take over the delayed residential projects and complete the same for home buyers," Union Minister Rao Inderjit Singh said during Question Hour.

Demonetisation causes real estate sales to slump to six-year low: Knight Frank report

Sales volume and new launches fell by 23% and 46% each in the second half of 2016, a report by real estate consultancy Knight Frank has revealed. The fourth quarter of 2016, saw a &#82

What‘s in a project name? Everything, say developers

Call it a post-colonial legacy or the universal human psychology of finding foreign-sounding names more attractive, but there is no denying that Indian customer‘s psyche equates such names to better value propositions.

NiFCO to raise $50 mn through offshore fund in 4-5 months

Real estate-focused fund Nisus Finance Services Co (NiFCO) plans to raise USD 50 million (around Rs 335 crore) through an offshore fund in the next 4-5 months.

Altico Capital invests Rs 130-cr in 2 projects in Mumbai, NCR

City-based NBFC Altico Capital has invested Rs 130 crore in two residential projects in Mumbai and NCR

JLL's SFG raises Rs 120 cr fund to invest in housing projects

"JLL's Segregated Funds Group has announced the first close of its second fund; Residential Opportunities Fund - II at Rs 120 crore (USD 18 mn approx), capital commitment," SFG said in a statement.

Indian real estate: 2015 in review and gazing into 2016

Towards the end of the year, it makes a lot of sense to look at various developments in segments in the sector. It offers some indication of how the next year going to be.

Mahindra Lifespaces mulls foray into MP, Rajasthan

Prime Property: DLF vs home buyers in NCR & Bengaluru

DLF remains at war with many of its buyers across the National Capital region (NCR) and now Bengaluru. A coordinated protest saw buyers of three residential projects come together demanding possession of their homes as well as a more fair and equitable treatment from the realty major.

Seeing improved sentiments; no serious charges in FIR: HDIL

Sarang Wadhawan, vice-chairman and managing director of HDIL says the overall sentiment among investors has improved. He adds that volumes of residential projects is seeing improvement.

Brigade Enterprises, GIC Singapore to set up Rs 1500cr JV

Suresh Kris, chief financial officer, Brigade Enterprises, says the average realization of the proposed project could be in the range of Rs 7000- 7500 per square feet.

Surajkund - An emerging alternative to South Delhi?

Santhosh Kumar of Jones Lang LaSalle (JLL) India elaborates on the possibility of Surajkund being the alternate real estate destination on the Delhi- National Capital Region (NCR) map.

Brigade Enterprises signs JV deal with Govt of Singapore

Brigade Enterprises has signed a JV deal with Government of Singapore, reports CNBC-TV18.

HDIL eyes revenues of Rs 2500 cr in FY13

In an interview with CNBC-TV18, Sarang Wadhawan, VC & MD, HDIL said that they have not managed to do a great deal with the Transfer of Development Right (TDR) sales largely due to the lack of clarity about development control regulations (DCR). The company is expecting TDR sales to pick up from the next quarter.