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.
Coronavirus Outbreak: Real estate industry sentiment plunges to record low during January-March quarter, survey says
The real estate industry sentiment plunged to an all-time low during January-March as stakeholders turned pessimistic, foreseeing an adverse impact of the Covid-19 pandemic on demand-supply and liquidity in the market, a survey showed
The IT industry accounted for 35 percent of total transaction volume in the first half of 2019 across the top eight cities, which was most apparent within Bengaluru, which recorded an 14 percent rental rise in January-June (H1) 2019.
Scam-hit HDIL appoints property consultant Knight Frank to value 40 land assets valued at Rs 8,000 cr
HDIL sources said "the current value of the 18 valued properties will cross over 3,500 crore, while other 22 properties would be another Rs 4,000 crore."
Housing sales in eight major cities increased marginally by 4 percent to 1.29 lakh units during the first half of this calendar year, largely driven by rise in demand of affordable homes, according to property consultant Knight Frank
Hong Kong, Tokyo and Singapore are the top three most expensive office markets in the Asia Pacific, while Mumbai's BKC (Bandra Kurla Complex) stood at seventh rank
World luxury residential prices grow at snail’s pace in Q1; Delhi ranks 7th, Mumbai 31st on global list: Report
Three Indian cities make the cut in the Index. Delhi ranks seventh as prime property price grew by 5.8 percent on 12-month and 4.4 percent on a 3-month basis.
Around 28% Indian ultra high net worth individuals expect wealth creation will be easy in 2019: Survey
Around 36 percent of Indian respondents think that wealth creation would be difficult in the country as opposed to the global average of 68 percent,
Housing sale rises 6% in 8 major cities in 2018 as developers reduce prices, offer indirect discounts: Report
Compared with other property consultants, Knight Frank has reported the lowest rise in housing sales during 2018 at 6 percent
PE investments grew at a CAGR of around 36 percent from $2.5 billion (Rs 17,200 crore) in 2014 to $8.6 billion (Rs 59,100 crore) in 2017
The decline in private equity investment could reflect turbulence in the real estate sector, property consultancy Knight Frank said in its report.
"The residential market had barely come out of the demonetisation shock when the need for RERA compliance put breaks on a large section of new projects," the report said.
The properties, mostly land parcels being auctioned by real estate consultant Knight Frank India
It's a major challenge for Prime Minister Narendra Modi, who has promised to create 250 million jobs over the next decade.
Realty developers and consultants today hailed the passage of the regulatory bill in Rajya Sabha, saying the law will bring credibility to property business and protect consumers interest but felt that some of the provisions like imprisonment are harsh.
Housing sales fell by 4 per cent to 2,63,720 units last year, lowest since 2010, in the eight major cities of the country on account of demand slowdown in the real estate market despite interest rate cut by the RBI.
It will be interesting to watch how the real estate market unfolds. As for now, it’s a buyers’ market
Falling home sales clearly indicate that investors are no longer interested in buying more new homes, given that they are still sitting on the ones they had bought over the last few years.
The paradox is this: can the government get back wealth stashed abroad, when the wealthy themselves are seeking to move out? Can you bring back wealth without trying to keep the wealthy back here?