President Donald Trump says the idea of buying Greenland from Denmark came up in conversations within his administration and that it’s essentially “a large real estate deal.” The semi-autonomous territory of Denmark has said it’s not for sale. In remarks to reporters on Sunday, Trump cast…
On July 23, the Supreme Court of India directed government-owned National Building Construction Company to take over 42,000 unfinished projects of realtors Amrapali Group in the National Capital Region. A week after the SC ruling, the relevant questions popped up. Does NBCC have the money required to…
NoBroker.com, a customer-to-customer real estate portal, is offering brokerage-free real estate services in Hyderabad. The platform lists residential as well as commercial properties for rent/buy/sell. “A large percentage of the new-age consumers do not appreciate the age-old ways of finding a home through property brokers and…
Real estate body CREDAI on Tuesday highlighted the need for the sector to focus on consolidation to emerge stronger. Releasing a report titled ‘India 2030 – Exploring the Future’, the Confederation of Real Estate Developers Association of India said the future is bright and some of…
NEW DELHI: Realty shares were trading with losses in Monday’s morning session. Shares of Indiabulls Real Estate (down 4.60 per cent), SobhaNSE 1.40 % (down 3.85 per cent), DLFNSE -0.15 %(down 3.08 per cent) and Sunteck Realty (down 2.69 per cent) were the worst performers in the index. Phoenix…
The real estate market in India’s financial hub of Mumbai has been severely hit by the liquidity crisis, making it even more vulnerable than the National Capital Region (NCR), the worst hit in the slowdown so far. Mumbai, India’s most valuable real estate market, is grappling with…
Despite the turbulence in the residential real estate market in many Indian cities, the investment climate, particularly for institutional investments, has remained robust over the past three years, a report states. Reforms such as the Real Estate (Regulation and Development) Act, the Benami Transactions (Prohibition) Amended…
The share of the large NBFCs/HFCs accounted for an estimated 50-60 per cent of lending to real estate developers. New Delhi: Lending to real estate developers by non-banking finance companies and housing finance firms (HFCs) fell by almost half to about Rs 27,000 crore because of liquidity…
Property tycoon Niranjan Hiranandani has announced son Darshan Hiranandani as successor to his multi-billion dollar real estate business spanning residential, commercial, warehousing and other segments. Holding a masters degree with a major in entrepreneurship and finance from the Rochester Institute of Technology, 36-year-old Darshan already heads…
Most foreign purchases were in Florida. GETTY The U.S. housing market has hit another stumbling block, as purchases of homes by foreign buyers dropped a dramatic 36%, according to a report by the National Association of Realtors. The data comes from an annual survey of residential purchases…