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Realty News

The next big boom- Modi plans big for Varanasi

The next big boom- Modi plans big for Varanasi
In the past, buying or selling a post apartment in Varanasi outskirts was a farfetched dream, forget convincing anyone to buy or sell. The ancient temple town had people who were not interested in the outskirts or moving far away from the center.  They were willing to dodge the ways of traffic, snail paced and [...] Continue Reading »

Real estate sector forecasts better days under new Government

Real estate sector forecasts better days under new Government
Real estate players apparently have a lot of expectations from the new Government headed by Narendra Modi. Though Modi is yet to officially assume charge as India’s new Prime Minister, the country’s realty sector is hopeful of several realty-specific policy initiatives under his governance. The policy initiatives which the real estate sector is anticipating from [...] Continue Reading »

Tata Strikes Unconventional Deal, Launches Project in Colombo

Tata Strikes Unconventional Deal, Launches Project in Colombo
India’s Tata Housing launched a US$ 400 million mixed development project in Slave Island, Colombo this last week. Tata Housing is a wholly owned subsidiary of Tata sons and the real estate arm of the Tata Group. The project is a major township rejuvenation initiative, which also aims to provide improved housing units for shanty [...] Continue Reading »

Realty experts want new Government to make changes to stagnating legislations

Realty experts want new Government to make changes to stagnating legislations
Realty sector experts are expecting the new Narendra Modi-led Government to make a slew of changes to the stagnating legislations pertaining to the real estate industry, and pave the way for a “new India.” Experts who are pushing for modifications of legislations – as well as improved transfer pricing regulations to attract investors – include [...] Continue Reading »

Real estate along NH3 receives notable impetus from infrastructural growth

Real estate along NH3 receives notable impetus from infrastructural growth
With the real estate market having received a notable impetus from infrastructure growth all over India, developers who have projects coming up close to National Highway 3 (NH3) are optimistic of an imminent rise in realty prices in the near future. Of late, Thane and adjoining areas have developed fairly rapidly, thanks to the increased [...] Continue Reading »

PE funds gearing up for REITs

PE funds gearing up for REITs
Private equity (PE) funds in India are looking to portfolios of income-producing real estate assets as the country prepares to allow listing of real estate investment trusts (REITs). Redfort Capital, Golden Estates, Kotak Realty Fund and Blackstone Group are few of the PE firms planning to invest in such assets. REIT is a type of [...] Continue Reading »

Stock market gains to help real estate

Stock market gains to help real estate
In the past three years, real estate has been one of the worst hit industries. It has suffered due to various reasons — land prices have stagnated, housing demand has stagnated, commercial demand has shrunk, interest rates have gone up. Access to capital for real estate firms has been restricted by RBI and other factor [...] Continue Reading »

Below normal monsoon may force labourers to work in construction sector

Below normal monsoon may force labourers to work in construction sector
If the prediction of below-normal monsoon by India Meteorological Department (IMD) this year turns out to be true then the  availability of unskilled and semiskilled labour for construction and real estate sector is likely to increase. Monsoon is the main source of irrigation in agriculture which supports over 50% of the Uttar Pradesh population. Around [...] Continue Reading »

The conundrum of residential real estate prices

The conundrum of residential real estate prices
The residential segment of the real estate market, defies the price determining demand-supply mechanism. The Fitch group’s research arm, India Ratings and Research Pvt. Ltd. recently came up with a report titled “2014 Outlook: Real Estate Sector”. It has been said in the report that the prices of residential units have risen continuously since financial [...] Continue Reading »

Pune’s real estate market gets a boost from the Private equity players

Pune’s real estate market gets a boost from the Private equity players
Pune real estate sector is witnessing some renewed interests of private equity players. The reasons may be the uninhibited influx of professionals and a robust local economy, which is relatively less affected by the economic downturn, The developers have also ensured a steady demand for homes and offices in the city. This has helped induce [...] Continue Reading »



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