Category: Real Estate

Real estate investments: Commercial segment emerges winner

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…

Niranjan Hiranandani announces son Darshan as successor to his real estate empire

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…

Foreign Investment In U.S. Real Estate Plunges

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…

Real estate is turning again

The real estate in India has been in a slump over the last half a decade. The cash-crunch in the sector is evident from the falling sales and shrinking margins, which has translated into real estate developers having to cut their ad spends. Data indicates that ad spends…

A boost for the real estate sector

The change The Union Budget has enhanced its focus on real estate, particularly in the affordable housing segment. To stimulate demand in the residential market, the Centre has announced additional deduction in income tax of ₹1.5 lakh for interest paid on housing loans for affordable housing properties…

Real estate market set for a comeback: 5 promising stocks from the sector

The Nifty Realty Index has substantially underperformed the Nifty 50 Index over the past one, two and five years. The difference in their point-to-point returns (Nifty Realty Index minus Nifty 50 Index) stood at -11.9%, -20.9% and -48.8% respectively in the past one, two and five years. However, recent numbers…

Co-living and co-working offer new opportunities for real estate

Bengaluru: The growing alternative real estate asset classes co-living and co-working segments are set to further increase their footprint. While co-living market in India is expected to offer a business opportunity of Rs one trillion by 2023 along with the capacity of 5.7 mn beds from the previous levels of Rs 458…

Budget Expectations: Real Estate Industry’s wish list from Modi 2.0

During its first term, the Modi government had introduced major reforms such as Real Estate (Regulation and Development) Act, Goods and Services Tax (GST), Insolvency and Bankruptcy Code and Benami Transactions (Prohibition) Act, in order to support the real estate sector struggling with dwindling sales, high…