The policy, which became effective on November 24, 2015, removes the earlier conditions on minimum investments (of $5 million earlier), minimum area and eases exit options for FDI investors.
Though the real estate industry has been going through hard times for more than a year now, the hardship is primarily from the sellers' point of view.
Local property brokers are also not convinced with these numbers, stating that the market continues to be sluggish.
Fair trade regulator CCI has rejected allegations of anti-competitive business practice against two DLF Group firms.
Fair trade regulator CCI has rejected allegations of anti-competitive business practice against two DLF Group firms.
BlackSoil Realty Fund–I is set to invest Rs 25 crore in realty developer Ahuja Constructions’ residential project in central Mumbai’s Sion locality.
The government usually revises the guidance value in November and this year, the government has postponed, according to officials sources, by three months.
The Xander Group is looking to scoop up more across the retail, commercial and residential segments, the founder of the global investment firm said.
Leading real estate development company Ashiana Housing Limited today expressed confidence that construction work of its ambitious project 'Marine Plaza' here will restart.
The study said that year 2015 will provide a window of opportunity for occupiers and investors as rents and capital values in most micro-markets are at their cyclical bottom.
The division bench comprising Justices MS Sanklecha and GS Kulkarni will hear the matter further on November 27.The division bench comprising Justices MS Sanklecha and GS Kulkarni will hear the matter further on November 27.
The agency estimates the cost of constructing 20 million houses during FY16-FY22 will be around Rs 2,14,286 crore per annum.
The city, which is home to offices of MS, Google, Facebook, Amazon and Yahoo, saw property valuations mostly being stagnant, or increasing by less than 2%.
Lodha Group has sold a super-luxury duplex apartment in South Mumbai’s tony Altamount Road locality at Rs 1.60 lakh per sq ft or Rs 160 crore.
IREO and a joint venture of Singaporean IT park specialist Ascendas and sovereign fund GIC are separately planning to build IT SEZ space.IREO and a joint venture of Singaporean IT park specialist Ascendas and sovereign fund GIC are separately planning to build IT SEZ space.
Realty firm Tata Housing has tied up with another realtor Neptune group to develop a housing project in Mumbai at an estimated cost of Rs 200 crore.
Banking, financial services & insurance sector and manufacturing & industrial sectors each occupy 8% of commercial spaces leased in Navi Mumbai.
Financial services group ASK has invested Rs 125 crore more in Noida-based builder ATS Group’s 20-acre Le-Grandiose project in Sector 150, Noida.
In the largest commercial space transaction in Navi Mumbai, SBI Life Insurance Company has bought 1.30 lakh sq ft office space from L&T Realty.
In the September quarter, total revenues booked by these realtors fell 10 per cent from the preceding quarter as well from the year-ago period.
Nearly 40 members discussed various issues with Environment Minister and Housing Minister on a one-on-one basis.
HDFC Realty has received bids worth Rs 155 crore under its multi-property online auction of ready-to-move in apartments in 8 residential projects.
The Rs 200 crore project that is being developed in four phases is launching their second phase that would have close to 500 apartments.
Shareholders must see through the "razzle dazzle" and ask why do all of this at all, IiAS told its clients who are institutional investors in Maruti Suzuki.
According to Fitch Ratings' recent report titled '2016 Outlook: Indian Homebuilders', the pre-sales in the residential segment will improve by nearly 5-10 per cent.
Online portal said that it distributed over 50 lakh gift vouchers to 2,800 of the participants for home décor services and other home related requirements.
Maharashtra, UP and Gujarat together make up for over half of the total investments worth more than Rs 12 lakh cr in the realty sector from private players -- including domestic and foreign.
Fitch Ratings said that it expects homebuilders' presales to improve by 5-10% over 2016.
The project, estimated to have total development potential of 1.2 million square feet, has already secured all approvals to commence the work.
Sobha Ltd has tied up with another realtor Chintels India to develop a group housing project comprising of 1,700 flats in Gurgaon at an estimated cost of Rs 1,000 crore.
The amended bill will be tabled in Parliament after the cabinet approval, said a senior HUPA Ministry official.
GNIDA has also decided to toughen its stance against other defaulting allottees, with developers in the region owing it Rs 4,000 crore.
Even as news about the market has remained dull for some time now, big launches are lined up in the second half of the current fiscal, Sarda said.
City industrialists are pushing the WB government to come up with an e-commerce site that would allow entrepreneurs to buy and sell land parcels.
Shapoorji Pallonji Real Estate (SPRE) has launched phase 2 of its luxury residential project ParkWest in Bengaluru, the company said in a release.
Vivaan will house 60 2-BHK apartments that range from a carpet area of 949 sq ft to 1,027 sq ft and the bookings for the same will start tomorrow.
Prateek group has raised Rs 135 crore from Indiabulls Housing Finance Company for its project Prateek Wisteria in sector-77 of Noida, said two people with knowledge of the matter.
Realty player Shapoorji Pallonji Real Estate today launched a premium residential project in Bengaluru, marking its foray into the IT hub of the country.
According to JLL, office rents in Hyderabad rose 10 per cent from the year-ago quarter and by almost 23 per cent from the last trough in 2009.
PE funds investing in real estate is witnessing rising focus on assets classes like residential segment, unlike the earlier modus operandi of raising diversified funds.
Hundreds of senior executives and HNIs, who benefitted from the boom in property from 2004-13, thought they could ride the surge for a little longer.
The Crisil analysis involves top 25 realtors, which form 95% of the market capitalisation of the sector.
The rating agency analysed India's top 25 realtors which make up around 95% of the market capitalisation of the sector.
Fitch Ratings has affirmed the rating on state-owned Housing and Urban Development Corporation Limited's (HUDCO) 'BBB-' with Stable Outlook.
Over 60,000 customers have registered on its platform to buy homes, the SoftBank-backed portal said in a statement.
Indian real estate sector has witnessed private equity investments worth $2.8 billion during the first nine months of 2015.
Private equity firms’ fund raising and investment in real estate sector is witnessing rising focus in assets classes like residential segment.
In a filing to the BSE, the company informed that it has "acquired a land parcel in district Palghar, Maharashtra, admeasuring 85,000 square meters for Residential Development".