Indian realty
Seeing hope regarding the revival of economy after Lok Sabha elections, both foreign and domestic private equity players are now returning back to invest in Indian real estate sector, but with caution. As per the industry experts, they plan to focus on top six-seven cities. During the last year as many as 393 PE deals [...] Continue Reading »
Indian Realty firm Ansal Buildwell today has tied up with Bahrain-based VKL Holdings under which the two firms would invest USD 100 million each to develop housing and infrastructure projects in India and Bahrain. Ansal Buildwell signed a memorandum of understanding (MoU) with VKL Holdings and group firm Al Namal to explore opportunities of investment in India and Bahrain. The [...] Continue Reading »
Sean Tompkins, global chief executive officer of UK-based Royal Institution of Chartered Surveyors (RICS) has said that the foreign investors are thinking twice before investing in the Indian real estate market because it fails to meet the global standards. Between 2006 and 2009 the Indian realty had witnessed around $20 billion in investment of which [...] Continue Reading »
The Center has finalized a central law to regulate India’s growing real estate sector and prevent realtors from targeting property buyers through unfair practices. The law ministry has cleared the draft of the Real Estate (Regulation & Development) Bill, proposed by the housing and urban poverty alleviation ministry. The bill proposes the setting up of [...] Continue Reading »
Realty consultant Cushman & Wakefield today said that Indian realty is likely to witness around 25 per cent drop down in land deals around Rs 15,000 crore as a result of decline in demand. According to C&W, smaller realty developers would end up buying most of the lands this year than top players. India had seen [...] Continue Reading »
According to a new report, realty sector of India, which has been floating in loss and debts of builders, over past few years, seems to have begun to rise from the bottom. Aashiesh Agarwal, real estate analyst at Edelweiss Securities, expressed his views on the progress of real estate, in the report released on Wednesday. [...] Continue Reading »
Are south Indian cities famous for real estate in India? This is the only question that is left unanswered in Indian realty. The southern regions in India since long time has been showing silent progress in building and strengthening its real estate development. Indian cities such as Chennai, Hyderabad and Bangalore have attained a firm [...] Continue Reading »
The property show which has become India’s favorite real estate television program knowledges its viewers about the pros and cons about the Indian real estate market. The citizens in India say that they too are gaining lots of information about Indian realty. Similarly, one of the recent episodes of “The property show” on NDTV channel [...] Continue Reading »
The real estate situation in Pune has been traced! The recent report say that the Pune real estate market has been driven by genuine demand resulting in fluctuations of the sales! The buying and selling mantra in Pune real estate is where the whole crux of the business is floating. With the times changing the [...] Continue Reading »
Not only the builders and construction companies are bearing the burnt of realty sales down, however the cement companies are also facing the same scenario. According to the recent data even with the drop down in realty sales, the cement net profit of companies like; AV Birla, south Indian giant India Cements and JK Lakshmi [...] Continue Reading »
