Tag: Realty Sector

Realty sector sees no reforms: budget 2013 fails

Realty sector blamed budget 2013 for not implementing any sort of real estate reforms. Industry had expected the budget to implement some reforms to boost the sector. Now the real estate sector could be divided well into two phases; the first that of hopes and expectations and the second that of despairs and unhappiness. It […]

IT Industry into Realty Sector.

It is well known that information and communication (ICT) is highly regarded as a key driver and enabler of economic development and business processes, and now it has spread its wings even to the real estate sector. Companies do appreciate the contribution and deployment of ICT due to its performance. But if we consider the […]

This Navaratra, buyers are back in Real Estate Sector.

  Buyers are back in the realty market this Navaratra, lending credence to this festive season’s reputation as a golden period for business in this sector. There is flurry of activity in the offices of realty firms as buyers are coming out to seal deals. The mood is likely to remain upbeat till the end of […]

Brokers from Realty Sector bail out Real Estate Developers with buyback deals.

The prices are not moving up in metros for more than a year now and the buyers including investors are staying away from making a purchase decision, so brokers are in a fix currently. An Industry watcher said that the Real Estate Developers are facing a cash crunch in the NCR and Mumbai Metropolitan Region […]

Realty sector firms with Mumbai exposure hit by duty hike.

Reuters Market Eye – Shares in real-estate companies with sizeable exposure to Mumbai fell on Monday after newspaper Times of India reported the state government of Maharashtra was planning to increase stamp duties in the city by as much as 160 times for residential and commercial properties. A real estate analyst with a Mumbai-based brokerage […]

Realty Sector faces Disappointment.

The Union Budget 2012-13 on Friday proposed allowing external commercial borrowing for low cost affordable housing projects. Presenting the Budget in the Lok Sabha, the Finance Minister, Mr Pranabh Mukherjee, also proposed setting up of a Credit Guarantee Trust Fund to ensure better flow of institutional credit for housing loans. The Minister also proposed to […]

FDI Realty Guide

The Indian government has set up guidelines for investors willing in foreign direct investment in Indian real estate. In case of development of serviced housing plots, 25 acres is the minimum area allowed, while for the construction-development projects; the minimum built-up area should be 50,000 square meters. For wholly owned subsidiaries $10 million is the […]

Green Laws for Realty

Adarsh and Lavasa housing projects have become household names.    With environmental concerns being a major concern in realty sector, major construction projects have recently been pulled up by the ministry of environment and forests (MoEF) on the ground of violation of norms. Notices for the demolition or cease-construction for these projects are pending. Thus, for […]

Realty on a High

With post-recession era dawning, realty sector in India is touching new heights. The growth also depends on the policies by the government to facilitate investments in economy. In recent times the FDI policies adopted by Indian government have encouraged an increasing number of NRIs/foreigners to invest in Indian properties. India has replaced US as the […]

Real estate sector to witness a prolonged & robust demand

Real estate sector in the country will witness a prolonged and robust demand. According to a report by global realty consultation firm Cushman & Wakefield, the pan-India residential demand for 2009-2013 could be around 7.5 million units and that for office space at 196 million square feet. The Cushman & Wakefield India Real Estate Investment […]

Downtrend In Realty Sector

MUMBAI: When the Indian economy was on an upswing, brokerage and real estate stocks were said to be the darlings of equity bourses. When the going was good, some also made their debut on stock exchanges and were a big hit with the investing community. Never mind the fact that some of these stocks were […]

India at 3rd position in global realty market rising

Growing realty sector of India has attracted overseas investors and figures in the top three property markets round the world, presenting the finest prospect for capital appreciation after the US and China. In the group of the most favorite property market in between foreign investors globally, US has retained its top position, while China was ranked […]