Is price correction inevitable in Mumbai?
Mumbai real estate is debating over a possible price correction as sale registrations for September recorded a 29-month low at 4,137, down 22 per cent year-on-year.
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Dubai launches $100 mn real estate fund with Brookfield
Investment Corporation of Dubai (ICD), a financing arm of the government, and Brookfield Asset Management have agreed to jointly sponsor a real estate fund with $100 million in seed money to focus on the domestic market.
DLF’s KP Singh and Anil Ambani out of top 10 in Forbes list
While the real estate market looks subdued with the sector weathering a host of issues, this is not a good news either. DLF’s Chairman K P Singh is out of the top ten list of Forbes.
A different Diwali with strategy shift for realty sector
The festival of Diwali has a direct bearing on the property market, and irrespective of the overall macro economic scenario the property transactions around this time of the year have been the maximum.
RBI rate hikes further dampens Diwali sentiments of realty sector
In a further blow to the dampened Diwali spirit of the realty sector, the RBI raised interest rates on today but said it was likely to hold off on further increases as it expects high inflation to ease beginning in December.
Kolkata realtors launch fewer projects due to delay in approvals and clearances
It has been quite some time that Mamata Banerjee took over the rein of West Bengal after 34 long years of Left Front rule.
Godrej Properties to bring down promoters’ shareholding to raise Rs 750 crore
Godrej Properties will raise up to Rs.750 crore through a shares issue over the next 6-12 months to bring down promoters’ shareholding in the company from the current 83.79% to 75%.
Greater Noida land acquisition: Allahabad High Court verdict today
The fate of housing projects on nearly 5000 hectares of land in the NCR hangs in balance as the Allahabad High Court is scheduled to give its verdict today on the 491 petitions against land acquisitions in Noida and Greater Noida.
Triangle Fund to raise $200-m
Triangle Real Estate India Fund is looking to raise $200 million in the next few months through its second India retail-centric real estate fund.
Indians top buyers of Dubai property
Indians are the biggest property buyers in Dubai among foreign nationals, as per the figure released by the Dubai Land Department (DLD) for the first half of 2011.