Real estate players are planning to absorb the post-GST additional tax burden of five to six per cent, to prevent a further slump in sales, as the demonetisation hangover continues in the sector. “We … READ FULL STORY
The residential real estate market has witnessed its lowest first-half sales and launches in the last five years, along with a resurgence of the affordable housing sector in H1 2017, says a report titled … READ FULL STORY
After a drastic dip in sentiments, from October to December 2016, the first quarter of 2017 has begun on a positive note, signifying the transient impact of demonetisation. Nevertheless, the stakeholders in Indian real … READ FULL STORY
Lodha UK, the London-based development arm of Lodha Developers, has raised USD 375 million (GBP 290 million) as construction funding, for its Lincoln Square development in London, located adjacent to the London School of … READ FULL STORY
According to a report on real estate investment trusts (REITs) released by Knight Frank, the domestic environment is ripe for listing of REITs, an investment vehicle that invests in rent-yielding completed real estate projects. … READ FULL STORY
The annual increase in the number of ultra-high net worth individuals (UHNWIs) in India is all set to double during the next decade, according to global property consultancy, Knight Frank’s 11th edition of The … READ FULL STORY
Sales volume and new launches fell by 23% and 46% each in the second half of 2016, a report by real estate consultancy Knight Frank has revealed. The fourth quarter of 2016, saw a … READ FULL STORY
