Tag: Real

India Ratings maintains negative outlook on real estate for FY21

MUMBAI: India Ratings and Research (Ind-Ra) has maintained a negative outlook on the overall real estate sector for 2020-21 (April-March). The stimulus packages provided by the government for the sector does not provide much hope given the limited financial flexibility of and reduced credit availability to companies. The ratings agency has maintained a Stable Outlook…

NBFC crisis: Real bad loan tripled in real estate

Non-banking financial companies (NBFCs) are under acute pressure as their real bad loan is higher than reported, especially in real estate. A sharp slowdown in real estate and automobile sectors has raised fears that bad loan of NBFCs will almost double in the financial year 2021,…

Australian shares slip on real estate stocks; NZ falls

Australian shares slipped on Monday, tracking a weak Wall Street finish, and as a number of top real estate and industrial firms traded ex-dividend to weigh on the benchmark index. On the second last trading day of the year, the S&P/ASX 200 index fell 0.3 per…

How to solve India’s real estate crisis

NEW DELHI : When will the real estate sector come out of an extended slump? This question is upmost on most people’s minds, be they retirees with wealth locked up in this asset class, millennials waiting for their homes to be delivered, or others who see the fate of the economy…

GST, RERA to benefit listed real estate companies. Here are 2 stocks to bet on

While GST is pushing consolidation in other sectors, it is happening faster in the real estate sector because of the implementation of another landmark reform, RERA. Organised players benefit naturally because GST and RERA make it difficult for smaller players to do regulatory arbitrage. While RERA is fully implemented in Maharashtra, it…

Real Estate Tycoon Buys Up Oil Assets At Rock Bottom Prices

Sam Zell, the real estate mogul, has acquired oil assets across the United States at ‘fire-sale’ prices, as U.S. drillers sell assets to raise cash which is scarce in the oil patch these days, the billionaire told Bloomberg TV in an interview on Thursday. Zell, founder and chairman…

Real estate sops in the works

Nirmala Sitharaman and Sebi chairman Ajay Tyagi ring a bell to conclude the silver jubilee celebrations of the NSE in Mumbai on Tuesday(PTI photo) AddThis Sharing Buttons The government is likely to offer incentives to the real estate sector and is engaged in discussions with the…