Real Estate

  • Mar 26, 2012 01:01 IST

    Offers sops, lower taxes to boost realty sector: Builders

    The real estate sector, which has been reeling under a crisis as fewer and fewer people have been buying homes for the past several months, wants the government to come out with a comprehensive housing policy in the state budget.

  • May 22, 2012 14:18 IST

    Accor sells budget US hotels to Blackstone for $1.9 bn

    French hotel giant Accor said on Tuesday it had sold its US budget hotel division to the Blackstone investment fund for $1.9 billion and would use the funds to tap into growth in Asia.

  • RBI
    Aug 02, 2012 00:17 IST

    Realtors hope for home loan spurt

    The real estate sector, which is struggling due to the combined effects of diving demand, huge debt and piling inventory on their balance sheets, is hoping for a reprieve from Reserve Bank of India’s decision on Tuesday to reduce the Statutory Liquidity Ratio.

  • Jan 01, 2012 01:14 IST

    High rates, low sales make 2011 a dismal year for housing industry

    2011 was a dismal year for the realty industry. Prices touched exorbitant levels, while sales figures of apartments plumbed the depths. So what was the reason for the slump?

  • Jan 02, 2012 01:42 IST

    Buying homes in city will cost you more

    In a move that will further raise the already exorbitant real estate prices in the city, the state has hiked ready reckoner rates for both residential and commercial properties by 5% to 25%, with effect from January 1.

  • Dec 04, 2011 12:15 IST

    Developers to hike new flat prices by up to 25% in Noida Ext

    New flat buyers at Noida Extension will have to pay 25% more as developers have decided to pass on to consumers the burden of the Rs 3,000 crore payment notices that the Uttar Pradesh government had issued to land allottees.

  • Dec 04, 2011 22:06 IST

    Realty firms pledge shares to up liquidity

    High prices combined with high interest rates that have dipped the volumes in the real estate sector have also led the realty companies to pledge more shares in a bid to raise their liquidity.

  • Dec 08, 2011 20:53 IST

    Realtors still hold out hope

    The government’s decision to suspend FDI in multi-brand retail has disappointed the real estate sector that was banking upon a demand surge for retail space.

  • Dec 08, 2011 20:57 IST

    As returns plummet, Mumbai investors fan out to the suburbs

    As prices in the real estate sector remain in the stratosphere, property investors (who buy property only for investment purposes) have suffered a 50% hit in their returns.

  • Dec 09, 2011 20:55 IST

    Indiareit set to exit from 2 residential projects soon

    Indiareit, the real estate private equity (PE) arm of the Piramal group, is learnt to be exiting two residential projects for around Rs 200 crore.

  • Dec 19, 2011 22:00 IST

    Real estate PE funds find it tough to raise funds

    Real estate-focused private equity (PE) funds, which have seen falling returns in last three years, are now finding it hard to raise liquidity for the new funds in the sector. Sachin Dave reports. Not so many happy returns

  • Dec 20, 2011 20:31 IST

    Looking for a flat? Good times rolling

    Get furniture free in your flat or get a car parking free if you buy an apartment — or simply grab a 10 to 15% discount on a property. Such are the bargains being offered by real estate developers as they see their sales drop.

  • Dec 21, 2011 00:57 IST

    Delhi: Property prices may fall 20-30% by mid-2012

    Real estate prices may fall 20-30% in several pockets of Delhi-NCR and Mumbai in six months, but experts are divided on whether and when prices will decline across the board.

  • Mahindra Lifespaces
    Dec 26, 2011 21:05 IST

    Mahindra Lifespaces in JV with Samira?

    Mahindra Lifespaces, the real estate arm of the Mahindra group, is said to be in talks with Alibaug-based developer Samira Habitats for a joint venture or buying of a land parcel. Sachin Dave reports. Building blocks

  • Mar 27, 2012 22:15 ISTsmarter alternative?

    Renting is in as flat prices hold up

    Parth Desai, 29, a chartered accountant with a heavy engineering firm in Mumbai, pays Rs 25,000 per month as rent for an apartment in Andheri west. Sachin Dave reports. Rent vs buy: How the two stack up