Tag: property

USA Downgrading Impacts on Interest Rates

Will the US rating downgrading from AAA to AA+ impact the real estate sector? Will it have a long-term or an immediate impact? Who would get the hit, the residential or the commercial real estate sector? The good news is that the interest rates might come down in residential segment whereas commercial real estate sector will be […]

Wise Decisions In Realty Dealing

Proper documentation is one of the most critical step in the process of property acquisition. A promoter should enter into written agreement to sell with each of the persons who are to take or have purchased property.  The agreement should contain particulars of the property and also annex related documents. In case of a property, […]

Women Participation in Real Estate

As the world joined hands to honor the 101th celebration of womanhood yesterday, the financially independent young women in India had plenty of reasons to cheer. For the past few years our country has taken measures to specifically increase the number of women buying property in India. Fortunately they have at large proved fruitful too. […]

Parsvnath overdue payments at Rs 143 crore

Parsvnath Developers has said its ‘overdue payments’ stood at Rs 63 crore and Rs 143 crore as on July 1 and August 31, respectively, under loan agreements and other outstanding indebtedness. The company said this in its Preliminary Placement Document filing on the NSE. The company’s Chairman, Mr Pradeep Jain, was not available for comments, […]


Vatika Group announced that it will open the Westin Hotel in Gurgaon by March next year, seven months before the commencement of the Commonwealth Games in October next year. The opening of the Westin Hotel will help to meet the hotel room needs for the mega event next year as the city is already facing […]

Lodha Developers among top 10 Builders

Lodha Developers Ltd. has been selected as one of the India’s top ten builders on the basis of a survey conducted by Construction World, India’s premier magazine for the construction sector. The survey was conducted over a period of 4 months among a spectrum of handpicked audience comprising industry professionals from across India. Mr. Abhisheck […]

Less rise in the values of affordable housing

The increased supply of ‘affordable’ housing and the demand for it has improved volumes for developers, but this has also meant that the rise in values has been significantly less. Balakrishna Hegde, former president of CREDAI, Bangalore, points out that while volume demand is up by 50% to 60%, the rise in value has only […]

Mafatlal puts property on the block

Photo by truedudiMafatlal Industries has put an eighty five thousand sq ft property in central Mumbai on the block hoping to generate between Rs 100 cr and Rs 150 cr. The proceeds will be used to revive the operations of the loss-making company. A senior company official confirmed the decision to sell the property and […]

RBI Revised Guidelines

The Reserve Bank of India has issued revised guidelines on banks’ exposure to commercial real estate. The strategies say about the property where repayment of loans solely depends on the property itself and not on its expected profits. Where repayment mainly depends on other factors such as operating profit from business operations, quality of goods […]

Real estate recovery is now visible

Real estateAs we all know that property buyers are coming back to market, this time can be marked as market revival time. Once again the buyer has lots of choices and the seller has more profit from dealing. After observing the increase in demands in real estate industry, developers are all set to increase the […]

Buyers are more attracted towards new projects

It is known that demand for housing has increased in last one month, but this growth is restricted towards new projects. Buyers are rejecting resale properties. Major reason behind is, project developers are offering discounts and many more to woo the buyers. On the other side, resale properties come with a larger unaccountable component. This […]

Pune Real Estate Witnesses Investment Explosion

Pune property market is one of the most active segments in Western India. Private property developers along with local property builders and civic authorities are pouring in more investments in the city. Recently, Milestone Capital Advisors announced an investment of Rs300 crore for commercial real estate development in Pune. Milestone is a fund house and […]

Gulf Parent Comes To Emaar MGF’s Rescue

In what would be the first major fund infusion into the Emaar MGF Group after a failed IPO, one of its promoters, Dubai-based Emaar is learnt to be investing $150 million to pick 20-25% stake each in three real estate projects of Emaar MGF. This would be separate from its equity contribution in the JV […]

Double whammy for high-end luxury realty market

The high-end luxury real estate market is facing a double whammy. The demand from domestic buyers has already dried down and now even non-resident Indians (NRIs), who constituted a significant market for luxury real estate developers, are developing cold feet. With the US property market witnessing a correction due to subprime crisis, the NRIs are […]