Indian realty has positive outlook but barriers exist across the board: Jennifer Layke
Track2Realty: You have specialization over energy efficient buildings. What are some of the best practices adopted globally?
Search Results: RTI (2527)
DLF Q2 net down 63% to Rs 139 crore
Track2Realty: DLF fell for the ninth straight quarter, with the company reporting a 62.8% lower consolidated net profit for the July-September period. Net profits fell to Rs 138.51 crore as compared to Rs 372.41 crore a year ago, weighed down by slow sales and high finance costs.
Real estate leads Indore market with Rs 250 cr sale on Dhanteras
Track2Realty-Agencies: Buyers flooded the bedecked and glittering markets and shopping malls since early morning on the auspicious occasion of Dhanteras. Hectic buying continued till late evening and pushed overall sale turnover beyond Rs 250 crore on Sunday, Nov 11, according to a market estimate.
Normalcy back to Mumbai real estate this Diwali-I
Track2Realty Exclusive: Mumbai real estate is on its way to bounce back to normalcy this Diwali after a couple of years of turmoil where many economists were clueless as to how a demand-supply product can challenge the conventional wisdom of economics where prices are going northwards and transaction the other way.
Ezzy Group enters Indian realty market
Track2Realty-Agencies: Ezzy Group, an infrastructure and property management company on Friday, Nov 9, announced its foray into the Indian realty market with an investment of Rs 5,000 crore spread over the next two years.
Mumbai realty determined to bounce back this Diwali-I
Track2Realty Exclusive: The Mumbai property market seems to be determined to break the jinx this festive season with new launches, offers, changed marketing formats and even price correction. If the market trend so far is any indication, it is quite apparent that the developers have gone through the learning curve in the last 2-3 years and are now determined to break the jinx. In this endeavour to bounce back, buyers are smiling all their way to property search and in the process the city property market is defying the collective consciousness of being an over-heated realty market.
FDI in real estate will propel India to ranks of China, says billionaire NRI Bob Dhillon
Track2Realty-Agencies: Billionaire Indo-Canadian landlord Bob Dhillon, who is on the Canadian Prime Minister’s entourage currently visiting India, said India can be a developer’s dream because of so many factors. The Japan-born, India-educated businessman also said he “will be the first person to invest in India,” if the country “now goes for the kind of reforms it has just announced for FDI in retail.”
Tips on buying a resale residential property
Track2Realty: The primary advantage of going in for a resale flat would lie in buying a home in a strategic location where no new supply is coming in. If one has personal cash resources at one’s disposal and is not reliant on a home loan (a home loan on a very old property cannot be taken for granted), buying a home in a project that is 20 years or more in age can be a good investment bet if the residential property is in a strategic, high demand location with low or no new supply. This would mean that the project would come up for redevelopment, ensuring a tidy profit to the owner.
DLF may raise Rs 2,500 crore from Aman Resort and wind energy business sale
Track2Realty-Agencies: DLF expects to raise about Rs 2,500 crore by end of this fiscal from sale of its two non-core businesses, luxury hospitality chain Aman Resorts and wind energy, a company official has said.
Realtors want incentives to develop low-cost housing units
Track2Realty-Agencies: Realtors have sought to bring up incentives like free land allocation and public-private partnerships models to increase affordable housing stocks for the economically weaker sections.