Real estate
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Hyderabad News
Prices of residential spaces reach peak in Hyderabad and Bangalore
Hyderabad: The residential space in Hyderabad have shown a four per cent year-on-year (YoY) increase in prices, ranking the city highest among the top eight markets in India. The city has…
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Telangana
Hyderabad real estate better than other cities despite COVID: JLL-CII
Hyderabad: In spite of the ongoing COVID-19 pandemic and induced nationwide lockdown, Hyderabad’s real estate performed better than other cities in Q2 of 2020 reported India’s largest real estate services firm,…
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Telangana
Telangana govt to pass integrated township policy: KTR
Hyderabad: The Telangana government will soon introduce an integrated township policy to spread the development and distribute growth across cities in the state. Announcing the same at a virtual conference on…
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Business
Blackstone Group to acquire Prestige Group’s rental income assets
New Delhi: Blackstone Group is likely to invest $1.7 billion to acquire the rental income assets of Prestige Group. Repay debt Prestige Group will repay the debt from the revenue…
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Hyderabad News
COVID crisis hits Hyderabad’s office market: Knight Frank India
Hyderabad: After achieving tremendous growth in the last five years, the real estate market in Hyderabad took a big hit due to the COVID-19 crisis. According to Knight Frank India, Hyderabad…
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Crime in Hyderabad
Hyderabad: Two arrested in real estate agent murder case
Hyderabad: Police Commissioner’s Task Force on Tuesday arrested two persons who were behind the murder of a real estate agent in Bahadurpura. The suspects were identified as Mohammed Asif, an…
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Real Estate
‘Real estate remains most preferred asset class for investment’
New Delhi: Although the real estate sector has been going through a subdued phase over the past few years, a survey by Anarock and LIC Housing Finance showed that real…
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Stock Market
South Mumbai witnesses surge in demand for luxury real estate
Mumbai: Regardless of the dwindling economy, Mumbai is witnessing a spike in the demand for luxury real estate, and developers are preparing to cater to it. Living lavishly in a…
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Business
Indiabulls Real Estate arm sells 100 pc stake in Century
Mumbai: Indiabulls Real Estate Ltd (IREL) said on Saturday that its wholly-owned subsidiary has divested the entire stake in Century Ltd to Clivedale Overseas Ltd, an entity owned by the…
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Bangalore News
Oyo Life aims for 1,00,000 bed count by 2019-end
Bengaluru: Oyo Life, a long-term rental solutions player, aims to provide 1,00,000 beds by 2019-end, the company said on Thursday. “We expect the co-living market to continue to grow further,…
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News
Residential sales in south records 5% drop in 2019
HYDERABAD: Housing sales in the southern cities of Hyderabad, Bengaluru and Chennai collectively recorded five per cent drop, said ANAROCK’s recent research report. Unlike earlier, according to the report, the three southern…
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News
Developers expect slight demand uptick in festival season
New Delhi: Real estate developers have largely witnessed subdued demand and low absorption of residential properties in the past few years, but with the latest reduction in the RBI repo…
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News
Centre to announce measures for real estate this week
New Delhi: After a slew of reform measures announced in the past fortnight, the Central Government is likely to come up with major announcements to boost the real estate industry…
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News
Real estate relief for stalled projects on the way: Sources
New Delhi: The real estate sector relief expected this week may include solutions for stalled housing projects for the stressed home buyers where projects could not be completed due to…
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Business
Environmental clearance for real estate projects in 60 days now
New Delhi: Environmental clearance for real estate projects will soon be reduced to 60 days, Union Environment and Forests Minister Prakash Javadekar said on Monday.Speaking at the 15th national convention…
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News
DLF’s Q1 consolidated net profit up over 140%
New Delhi: Real estate major DLF has reported a rise of more than 140 per cent in its consolidated net profit for the quarter ended June 30, 2019.Accordingly, the company’s net…
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News
Century Real Estate launches the All-New Mobile App
Bengaluru (Karnataka): Century Real Estate, regarded as one of the oldest and most respected real estate companies in India, today announced the launch of its new app for iOS and…
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Andhra Pradesh News
Real estate market in Amaravati has crashed: Naidu
Amaravati: Former Andhra Pradesh Chief Minister N. Chandrababu Naidu on Thursday said that ever since YSR Congress Party came to power in the state, the system in state capital Amaravati…
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Business
Union Budget reactions 2019
New Delhi: Technology : “We completely hail the government’s vision of a New India that will thrive on the confluence of new age digital technologies, quality education, and apt skilling.…
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Hyderabad News
New committee formed for CREDAI
Hyderabad: The Confederation of Real Estate Developers Association (CREDAI ) President said that they were hoping that there would be reduction on construction material tariff and expressed hope that there…
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Hyderabad News
Trailer of Hyderabad Nawabs 2 released: Here’s the review
Hyderabad: As soon as we hear the term, “Real-estate”, it sounds pretty but every Real-estate agent is not real. It is nothing but a waste of time for the Hyderabadis…
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News
Housing sales up 3% in January-March 2019: Report
New Delhi: Sale of residential apartments during the January-March quarter of 2019 rose by 3 per cent on a quarter-on-quarter basis to 33,000 units across seven major cities in the…
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Business
CII’s 10-point agenda includes low corporate tax, IBC reforms
NEW DELHI: The Confederation of Indian Industry (CII) on Monday said the government should reduce corporate tax and streamline the Insolvency and Bankruptcy Code (IBC) among other steps to boost…
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Real Estate
Real estate major DLF reports a profit of Rs 410 crore in Q4 FY19
New Delhi: Real estate major DLF has reported a 68 percent rise in its consolidated net profit at Rs 410 crore for the quarter ended March. Consolidated revenue for the…
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News
Q1 FY20 home sales seen rising on repo rate cut, new GST rates
New Delhi: The Indian real estate sector is likely to witness a much-needed uptick in demand and sales during the first quarter of the financial year 2019-20, according to experts…
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Real Estate
REITs bring hopes to cash-strapped Indian real estate
New Delhi: The launch of India’s first Real Estate Investment Trust (REIT) and its initial public offering last week has come as a positive move for the cash-starved Indian real…
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Real Estate
Luxury real estate demand set to rise: Developers
New Delhi: The luxury real estate segment with a customer base of its own did not witness a slowdown as significant as in the mid-level properties in the last few…
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Business
RICS WBEF 2019 unites industry leaders on the future of Real Estate
New Delhi: RICS, the world-leading professional body promoting and enforcing the highest international standards in the built environment sector, is organizing its World Built Environment Forum 2019 Summit at Conrad…
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News
GST reforms to boost realty demand: Developers
Gurugram (Haryana): To boost demand in the real estate sector, the GST Council in its recently held meeting, slashed tax rates for under-construction flats to five percent and affordable homes…
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Business
Sowparnika Launches Sowparbee, the community change driver, delivering happiness to the masses
Bengaluru: Sowparnika projects, a leading real estate developer in South India recently launched ‘Sowparbee’, addressing the social challenges faced by the citizens of the country. Sowparbee is a CSR initiative…
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