India to face severe housing shortage: Knight Frank

In the coming years, the housing shortage will be more in India, reported Knight Frank. Realty consultant firm added that the supply of houses will be shorter than the number of homes demanded. In the years to come, India will be facing acute and severe housing shortage, warns Knight Frank. In the opinion of the […]

Indiabulls REIT Drops Ten Per Cent on Singapore Debut

An uninspiring opening and an even worse close towards the end of the day marked Indiabulls Properties Investment Trust’s debut on the Singapore Exchange on 11th june. During the day, it went down to as low as 0.88 cents and closed 10% below the issue price of S$1. The stock could not breach its issue […]

Sub-Prime Shadow on Indian Realty

The turmoil in the global financial markets has cast its shadow on India’s largest real estate deal. Delhi-based developer BPTP Ltd, which was banking on overseas institutions to fund the acquisition of 94 acres of prime land at Noida for Rs 5,006 crore, has sought an extension to pay the first installment of the money.