Real Estate

Demonetising notes in India: Real Estate experts reactions...
23 Nov 2016 Published by Rahul Verma 249 Views

The recent call by government to ‘demonetize’ old 500, 1000 currency has surprised many in real estate and realtors also have their mixed-views on this decision. Here are the quotes from experts and stalwarts. ANSHUMAN MAGAZINE, Chairman, India and South East Asia,CBRE“It is a bold move. While it may cause some pain in the short-term, the long-term outlook for the industry looks positive. It certainly helps that the real estate industry has already moved towards transparency in its op..

Piramal Realty launches commercial real estate project in Mumbai...
29 Jul 2016 Published by Rahul Verma 277 Views

Pic: Anand Piramal, ED, Piramal GroupMumbai-based Piramal Realty, the real estate development arm of Piramal Group announced its entry into the commercial real estate with the launch of Piramal Agastya, a corporate park located at the arterial LBS Road, Mumbai. The project spread across 16.25 acres is located at Kurla with the best connectivity in Mumbai such as Santacruz Chembur Link Road (SCLR) and in close proximity of Mumbai Metro Phase 1 and Eastern Freeway is accessible from all..

Home sales perk up 7% in December quarter across top 8 metros...
05 Jul 2016 Published by Rahul Verma 344 Views

Home sales across the top eight cities of India improved 7% year-on-year in the quarter to December 2015 while sales rose 15% on a quarter-on-quarter basis on the back of stagnant pricing and discounts by builders during the festive season, according to a report by Liases Foras.The Mumbai and NCR markets saw average price of homes drop 2% y-o-y. Prices in Bengaluru saw an increase of 6%. Prices in most other markets dropped or rose marginally.The Mumbai Metropolitan Region saw the best sales, gr..

Godrej Properties launches first township project in Greater Noida in alliance with AR Landcraft...
09 Jun 2016 Published by Rahul Verma 324 Views

Redefining the skyline: Pirojsha Godrej, MD & CEO, Godrej PropertiesMumbai based-Godrej Properties has entered into a partnership with AR Landcraft to develop 100 acre township project in sector 27, Greater Noida. This will be company's first project in Greater Noida and seventh within the National Capital Region (NCR).Godrej Properties, the real estate venture of the Godrej Group, plans to develop a ‘golf centric’ township on this land parcel with a saleable area of about 4 million sq f..

DLF launches one of the biggest shopping destinations ‘Mall of India’ in Noida ...
28 Apr 2016 Published by Rahul Verma 262 Views

Gurgaon-based DLF Ltd has launched one of the biggest shoppers paradise, ‘Mall of India’ in the demanding destination, sector 18 Noida. The Mall consisting of two million sq. ft retail and entertainment space is expected to pull about Rs.250 cr of rental annually for the realty mammoth.The heaven for shoppers is roped by around 250 brands and touted to be the biggest retail space in India. This is second mall kick started in NCR in April, after Logix City Center in Noida’s  sector 32...

JLL India to come up with Snapdeal for residential properties solution...
22 Mar 2016 Published by Rahul Verma 134 Views

Property consultancy firm Jones LangLaSalle’s India arm, JLL India, has entered into a collaboration for residential services division with online marketplace Snapdeal in India. The duo will market brokerage-free buyer services in primary sales properties.Snapdeal-JLL can provide home searches and advice homebuyers, to let clients utilize maximum advisory with developers and assist with documentation and mortgages. "E commerce is evolving rapidly and proving to be a major disruptor of tra..

Big moment for buyers! Real Estate regulator is reality ...
10 Mar 2016 Published by Rahul Verma 278 Views

The wait is over for the buyers seeking transparency and firmness in delivery of their dream homes, as the Real Estate (Regulation and Development) Bill 2005 cleared in Rajya Sabha. The flow of unaccounted money and bringing back buyer’s confidence in real estate is the priority of this real estate regulation. The developer will have to maintain escrow account, of which 70 % money from buyers in third party account to be maintained, later to make use for purchased home. The bill..

events
Newsletter

Join the 12,000+ others and subscribe to the newsletter, Get all latest news