2012 promises the year to get real
For how long can Indian real estate remain in a state of denial? It is time to get realistic with the ground realities that suggest pre-2007 days are over.
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India Real Estate: Snapshot 2011
Market forces of demand and supply are the most potent determinants of price and the developments in the real estate industry during year 2011 is the latest example.
Delhi-NCR tops list for unsold homes in 2011
Forget Mumbai which has been in the news for record dip in the property transactions. It is the Delhi-NCR that tops the list for unsold homes.
Track2Realty releases India’s 1st Real Estate Yearly Handbook
Track2Realty, the e newspaper on Indian real estate has launched India’s first real estate yearly handbook, Focus 2012.
Peninsula Land forms JV with Brookfield AMC for real estate fund
Peninsula Land and Canada based Brookfield Asset Management have formed a 50:50 JV to launch a real estate fund for investments in India.
Kotak Realty fund raises Rs. 523 crore
Kotak Realty Fund, owned by India’s fifth largest private sector lender by revenue, raised Rs.523 crore to lend to real estate developers with an assured return.
Money laundering law set to cover realty agents
Real estate agents, gems and precious metals traders will soon come under the ambit of country’s anti-money laundering law.
Dewan Housing unit plans to raise Rs 2 bn real estate fund
ArthVeda Fund Management, a unit of Dewan Housing Finance Corp. said on Tuesday, December 6, it plans to raise Rs.2 billion (about $40 million) to invest in greenfield real estate projects.
Track2Realty boycotts Jones Lang LaSalle for breach of trust
In the wake of the unprofessional and unethical behavior of the real estate consultancy Jones Lang LaSalle India (JLLI), the editorial team of Track2Realty has taken a decision to boycott the firm for a month starting Monday, December 5.
Realtors look forward to retail FDI as a savior
Battling huge vacancies, piling inventories and lacklustre rentals, the Indian real estate is looking forward to retail FDI as a savior, expecting a windfall following the entry of global giants looking for more retail space for expansion.