Real estate trusts may get govt nod to invest in rental property
Track2Realty: The government is working on a proposal to allow Real Estate Investment Trusts (REITs) to participate in the country’s rental housing market.
Search Results: real estate (4009)
Real estate and housing finance companies allowed to raise 1bn US dollars from abroad
Track2Realty-Agencies: The Reserve Bank of India has allowed real estate developers and housing finance companies to raise funds overseas for low-cost housing projects.
Banglore, Mumbai, Delhi real estate rankings nosedive
Track2Realty: Uncertainties prevailing in the real estate market since the past few years have resulted in the country no longer being an attractive investment destination for international investors, says a recent survey.
Top 25 real estate companies Q2 revenues fall 4% to Rs 67.44 billion: Knight Frank India report
Track2Realty: India’s top 25 real estate companies have reported 4% year-on-year decline in cumulative revenues of Rs 67.44 billion in the second quarter ended September 30, another quarter highlighting the slump in the sector, a Knight Frank India report said.
CREDAI urges MPs to consider real estate reforms
Track2Realty: CREDAI has urged lawmakers to consider reforms in the real estate sector to boost growth. In an open letter to MPs, Confederation of Real Estate Developers’ Association of India (CREDAI) National President Lalit Kumar Jain said, “Though the government is moving in right direction with bold reforms agenda, much more can be achieved without any controversy or incurring additional cost just by focusing on the housing sector.”
Blackstone launching Asian real estate fund
Track2Realty-Agencies: Blackstone Group LP is starting a new real estate fund focused on Asia as it seizes on a “golden moment” to buy and sell in the property market, its president said on Wednesday, Dec 5.
Indian real estate market not up to global standards
Track2Realty-Agencies: Foreign investors are being cautious about the Indian real estate market because it fails to meet the global standards, says Sean Tompkins, global Chief Executive Officer of UK-based Royal Institution of Chartered Surveyors (RICS).
Higher education sector to push real estate demand: DTZ Report
Track2Realty-Agencies: The country’s higher education sector will create real estate demand of around 900 million sq ft by 2020 to maintain the current gross student enrolment ratio of 12 per cent, according to a report by DTZ.
Investment in real estate can give upto 145% returns: Survey
Track2Realty: The real estate sector will continue to remain an attractive investment destination with the possibility of prices in residential areas appreciating by 91 to 145 percent in select cities over the next five years, a survey released on Tuesday, Nov 20, said.
Real estate sentiments sluggish this Diwali: ASSOCHAM survey
Track2Realty: Despite aggressive marketing and great offers made by developers on the eve of Diwali festival, the investment in the property have remained lukewarm due to high prices of houses in and around the NCR region. Major factors cited have been high prices of land and the unprecedented rise in the cost of construction materials, iron, cement, labour etc., says the ASSOCHAM survey.