The declining trend that engulfed luxury home prices across key Indian metros earlier this year, has further intensified amid a global pattern of weakening prices, revealed the Knight Frank Prime Global Cities Index Q3 … READ FULL STORY
India’s real estate sector will quickly adapt to the recent regulatory changes, like demonetisation, RERA and the GST, according to Bijay Agarwal, managing director, Salarpuria Sattva Group. In an exclusive interview with Housing News, … READ FULL STORY
The financial capital of India recorded real estate investments of USD 1.74 billion, from July 2016 to June 30, 2017, placing it on 81st position in global cities at attracting funds, property consultant Cushman … READ FULL STORY
Shapoorji Pallonji Group, on October 12, 2017, announced a USD 500 million equity joint venture (JV) with Allianz AG of Germany, which marks Allianz’s first real estate transaction in India. The JV will establish … READ FULL STORY
Real estate developer Embassy Group, has closed the sale of one of its branded private residences, at its flagship luxury integrated development – Embassy ONE. The 30th-floor, single level unit of the new Four … READ FULL STORY
According to rating agency CRISIL, the demand for residential properties is unlikely to revive in the next 12-18 months, as the fundamental problem of lack of end-user buyers, is unlikely to change any sooner. … READ FULL STORY
Residents of Mumbai and Pune far outnumber those from other cities, when it comes to the desire to own a holiday home. A Track2Realty survey found that more than two-thirds of Mumbaikars would like … READ FULL STORY
The affordable housing sector has recorded a surge of 27 per cent, in new units launched between January and September 2017, as compared to the corresponding period last year. However, overall residential unit launches … READ FULL STORY
India and the European Investment Bank (EIB), on October 5, 2017, signed the finance contract for lending of 300 million euros (about Rs 2,293 crores) for the Bengaluru metro rail project’s phase-II. Phase-II of … READ FULL STORY
A Supreme Court bench, headed by justice Madan B Lokur, has asked the centre to inform it about the status of funds disbursed by them to the states, for preservation of wetlands and also … READ FULL STORY
Three Indian metros – Bengaluru, Mumbai and Delhi – earned the highest prime office yields, among 34 leading international markets, according to a report by Knight Frank, titled ‘Global Cities: The 2018 Report’. Bengaluru … READ FULL STORY
Although the senior housing sector in India is at a nascent stage, it presents huge opportunities for real estate developers, service providers, healthcare players and operators. According to a report by the PHD Chamber … READ FULL STORY
The stock market is said to be the one of the best indicators of buyers’ sentiments in the real estate market. Often, the demand and supply in the realty market, can be closely approximated … READ FULL STORY
