Real estate players want banks to pass on benefit of rate cut to customers; demand one-time debt restructuring
Real Estate sector can act as a catalyst in resurrecting the economy, backed by stringent fiscal and non-fiscal measures," CREDAI President Satish Magar said in a statement.
COVID-19 hits hotel industry: Revenue per room drops 13-29% in Jan-Mar; Bengaluru worst-hit, says report
In revenue per room, the maximum fall was seen in Bengaluru at 28.5 percent, followed by Delhi 20.3 percent, Mumbai 20 percent, Kolkata 19.8 percent
Office space leasing in Delhi-NCR jumps two-fold to record 10.82 mn sq ft in 2019: Report
Delhi-NCR's share in total net office space leasing and new supply across seven major cities stood at 23 percent and 26 percent, respectively
JLL India revenue grows 17% to Rs 4,000 cr in FY19; to hire 2,000 employees by 2020-end
JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 91,000 as of 31 March 2019.
IL&FS default impact: NBFCs, HFCs lending to real estate almost halved in FY'19 to Rs 27,000 cr, says report
The outstanding credit by NBFCs/HFCs to real estate developers increased by more than 3.5 times to about Rs 2,33,000 crore till 2017-18 from Rs 64,000 crore in 2011-12, Nair said.
Total stock of warehousing space to reach 344 million sq ft in four years in 8 cities: JLL India report
The demand or absorption for warehousing space clocked an unprecedented 63 percent year-on-year growth
Global property consultant CBRE to hire 3,000 employees in India this year to grow business
CBRE's India revenue grew 20 percent during 2018 and expects to maintain its growth even in 2019, he said, but did not disclose the turnover figure.
Real estate shows recovery signs, housing sales rise 50% in 2018; year-end liquidity crunch limits strong growth
Property developers and consultants expect housing sales to remain subdued in the first half of 2019 due to the continuing NBFC liquidity crisis and upcoming general elections.
ATS group sells 975 flats worth Rs 1000 cr in three months on improved housing demand
Realtors' body CREDAI and property consultant JLL India, in their joint report, said that housing sales in India's top seven cities have revived post demonetisation to rise by 25 percent in the first six months of this year.
Reserve Bank of India's repo rate hike will not have major impact on home sales, say experts
The apex bank for the first time in over four years raised the repo rate, or the short-term lending rate, by 0.25 percent to 6.25 percent
GST benefits mainly for housing projects executed post implementation of unified tax, says report
Benefits of GST for home buyers would majorly be seen in projects executed post implementation of the unified tax regime in July last year
Warehousing sector to see investment of Rs 43,000 cr, to create 2 lakh jobs by 2020: JLL
The warehousing sector will attract investments of about Rs 43,000 crore and create 2 lakh job opportunities in the next three years, driven by GST implementation and growth of the e-commerce sector, according to property consultant JLL India
Budget 2018: Property consultant JLL seeks bigger tax sops for first time home buyers
Property consultant JLL India on Thursday suggested that additional tax incentive to first time home buyers should be doubled to Rs 1 lakh in the upcoming budget to boost sluggish housing demand
Planning to buy a house? A handy guide on how to use data on real estate regulator's website
MahaRERA website makes available a number of details regarding on-going projects as well as new project launches which were not available earlier
RERA: Consumer is the king in UTs, not really so in states. Here's why
A curious omission in RERA is that it seeks to regulate builders and developers, and also lays down rules for consumers.
Private equity firms see new allure in old world retail in India
Online upstarts are under pressure from investors to produce returns, and this, combined with government regulation to ease online discounts, is reducing their advantage
Brexit: Indian realty may turn attractive for UK investors and vice versa
After exiting EU, locations like Greece, Spain and Portugal may not remain as attractive to UK investors, and India may benefit from that.
Mumbai home sales up 28%, launches fall: Here is why prices will further go up
Capital values have not gone up despite construction and land costs having gone up in the last three years.