Realty

Showing of 1 - 20 from 180 results
Realty - Total results - 180
Motilal Oswal Real Estate raises Rs 1,150 cr; commits Rs 550 cr investment in 9 projects
Business

Motilal Oswal Real Estate raises Rs 1,150 cr; commits Rs 550 cr investment in 9 projects

Motilal Oswal Real Estate (MORE) has raised Rs 1,150 crore for its fourth realty fund from HNIs to invest in housing and commercial projects across six major cities, and has committed of around Rs 550 crore in nine projects from this fund, a senior company official said

Lockdown: Realtors hail govt move to allow construction with limited labour force, say raw materials availability an issue
Business

Lockdown: Realtors hail govt move to allow construction with limited labour force, say raw materials availability an issue

The real estate industry on Wednesday said the government''s decision to allow construction on those projects where labourers are already available on sites will solve the problem of migrant daily wage workers but said availability of raw materials may be an issue

Coronavirus Outbreak: HDFC chairman Deepak Parekh sees 20% drop in property prices
Business

Coronavirus Outbreak: HDFC chairman Deepak Parekh sees 20% drop in property prices

HDFC Chairman Deepak Parekh on Tuesday said he sees 20 percent drop in property prices of unsold residential inventory, and advised developers to offload their stocks to enhance liquidity position

Coronavirus Outbreak: Realty sector welcomes lockdown extension, seeks relief package to cushion liquidity crisis
Business

Coronavirus Outbreak: Realty sector welcomes lockdown extension, seeks relief package to cushion liquidity crisis

The real estate industry on Tuesday welcomed the decision to extend the lockdown period till 3 May, but said the government should allow limited construction activities with proper safety and also provide a relief package to ease the liquidity crisis faced by builders

Coronavirus Outbreak: HDFC chairman Deepak Parekh pushes for one-time restructuring of realty accounts
Business

Coronavirus Outbreak: HDFC chairman Deepak Parekh pushes for one-time restructuring of realty accounts

HDFC Chairman Deepak Parekh on Tuesday pushed for a one-time restructuring of stressed real estate accounts and relaxation in the classification of NPA norms to 180 days from 90 days to help the sector which has been severely affected due to COVID-19 related disruptions

Coronavirus Outbreak: Cement demand to fall sharply this fiscal, says Crisil; could hit slowing realty sector further
Business

Coronavirus Outbreak: Cement demand to fall sharply this fiscal, says Crisil; could hit slowing realty sector further

The cement demand in India would contract by an unprecedented 20-25 percent this fiscal if the country is unable to contain the pandemic by May

Housing sales bookings of top 9 listed realty firms up 2% at nearly Rs 5,800 cr in Q3; new launches halve in April-December period
Business

Housing sales bookings of top 9 listed realty firms up 2% at nearly Rs 5,800 cr in Q3; new launches halve in April-December period

The first three quarters of fiscal 2020 indicate that the overall sales bookings of the top 9 developers was close to Rs 16,500 crore as against Rs 15,730 crore during the corresponding period of the previous year.

Insolvency process to be limited to real estate project concerned, not other group projects of developers: NCLAT
Business

Insolvency process to be limited to real estate project concerned, not other group projects of developers: NCLAT

NCLATsuggested there should be "reverse corporate insolvency resolution process" in such cases, where insolvency process is initiated against a realty company, no home buyer can approach NCLT or NCLAT to seek refunds.

RBI holds rates steady; seeks to balance growth and inflation risks, say analysts
Business

RBI holds rates steady; seeks to balance growth and inflation risks, say analysts

The Reserve Bank of India (RBI), for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 percent, maintaining its accommodative policy stance as long as it was necessary to revive growth

Budget 2020: Real estate sector urges govt to provide infra status; boost demand to address liquidity, stress issues
Business

Budget 2020: Real estate sector urges govt to provide infra status; boost demand to address liquidity, stress issues

The Finance Minister should consider enhanced deduction tenure for taxation purposes, which will boost home buying, said real estate developers

MP Lodha, Rajiv Singh and Jitendra Virwani emerge as India's top 3 richest realty tycoons: Report
Business

MP Lodha, Rajiv Singh and Jitendra Virwani emerge as India's top 3 richest realty tycoons: Report

Lodha Developers' MP Lodha and family has been named India's richest real estate entrepreneur with a wealth of Rs 31,960 crore, followed by DLF's Vice Chairman Rajiv Singh and Embassy group founder Jitendra Virwani in the second and third position respectively, according to a report

Cash still rules: Builders continue to ask for money for property purchases in smaller cities, says report
Business

Cash still rules: Builders continue to ask for money for property purchases in smaller cities, says report

Despite the Income Tax Act introducing some changes for the realty sector to curb generation of black money, builders continue to ask for cash for property purchases.

Nirmala Sitharaman's support for realty indicates Narendra Modi govt's willingness to get into micro details to revive growth in other sectors
Business

Nirmala Sitharaman's support for realty indicates Narendra Modi govt's willingness to get into micro details to revive growth in other sectors

The present decision to open a new window for finance is hence quite timely and should address to a large extent the woes of the real estate segment

Nirmala Sitharaman’s announcement for housing: AIF for NPA-tagged projects is a great idea, but devil is in the detail
Business

Nirmala Sitharaman’s announcement for housing: AIF for NPA-tagged projects is a great idea, but devil is in the detail

The big relief to the home buyers and developers in Sitharaman�s announcement is that the fund can be availed by even those projects that are tagged as NPAs by banks

Nirmala Sitharaman hints at booster dose for realty sector; admits previous measures may not help revive demand
Business

Nirmala Sitharaman hints at booster dose for realty sector; admits previous measures may not help revive demand

Finance minister Nirmala Sitharaman on Tuesday said the government and Reserve Bank are working to resolve the issues being faced by realty sector

PMC Bank scam: RBI increases withdrawal limit to Rs 50,000 per account; over 78% of depositors covered
Business

PMC Bank scam: RBI increases withdrawal limit to Rs 50,000 per account; over 78% of depositors covered

The Reserve Bank on Tuesday increased the withdrawal limits for depositors of the scam-hit Punjab and Maharashtra Cooperative Bank (PMC Bank) to Rs 50,000 from Rs 40,000 per account

MahaRERA allows home-owners of DSK Group to complete stressed project in Pune; directs freezing of promoter's bank account for project
Business

MahaRERA allows home-owners of DSK Group to complete stressed project in Pune; directs freezing of promoter's bank account for project

DSK Group chairman DS Kulkarni and his wife are currently lodged in Yerawada jail in Pune for allegedly cheating nearly 33,000 depositors and investors of nearly Rs 2,043.18 crore

PMC Bank scam: RBI increases withdrawal limit to Rs 40,000 per account; 77% of depositors covered
Business

PMC Bank scam: RBI increases withdrawal limit to Rs 40,000 per account; 77% of depositors covered

The Reserve Bank on Monday increased the withdrawal limits for depositors of the scam-hit Punjab & Maharashtra Cooperative Bank to Rs 40,000 from Rs 25,000 per account over the next six months

PMC scam: Reserve Bank of India increases withdrawal limit for depositors to Rs 25,000 per account
Business

PMC scam: Reserve Bank of India increases withdrawal limit for depositors to Rs 25,000 per account

RBI on Thursday increased the withdrawal limits for depositors of the scam-hit Punjab & Maharashtra Cooperative Bank to Rs 25,000