Aggrieved home buyers in Maharashtra, may be able to look forward to an early and amicable resolution of their disputes with their developers, with Maharashtra becoming the first state in India to initiate the … READ FULL STORY
Notwithstanding the macroeconomic disruptions, the commercial real estate (CRE) market remained robust in 2017. The year 2017 witnessed a pan-India leasing volume of approximately 42.8 million sq ft (3.9 million sq metres), excluding renewals … READ FULL STORY
Jawaharlal Nehru called Pune as the Oxford of the east, owing to the many schools, colleges and management institutes that the city boasts of. Each year, Pune attracts thousands of students, from all over … READ FULL STORY
According to a study by property consultants Knight Frank, homes launches in 2017 plummeted by a staggering 78 per cent to 1,03,570 units. The peak of the realty boom in 2010, saw as many … READ FULL STORY
According to a survey by Cushman & Wakefield, the net absorption of office space in 2017 dropped by seven per cent to 30.57 million sq ft, as compared to 32.85 million sq ft in … READ FULL STORY
Pune-based real estate developer DS Kulkarni (DSK), battling allegations of financial irregularities, on November 21, 2017, said that the firm was ‘confident’ of paying the returns to fixed deposit holders, who have accused it … READ FULL STORY
Pune DCP (cyber & economic offence wing), Sudhir Hiremath, has said that the Pune police had written to banks and asked to freeze around 70 accounts of the real estate group, DS Kulkarni. Meanwhile, … 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
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
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
Alka Rajpurohit, a non-resident Indian (NRI) from Dubai, wanted to sell her luxury apartment in Gurgaon and instead, buy a premium apartment in Noida. Rajpurohit’s decision, reflects the changing dynamics of NRIs’ investments in … READ FULL STORY
