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President Donald Trump says the idea of buying Greenland from Denmark came up in conversations within his administration. (Photo: File)

'Large real estate deal': Donald Trump on buying Greenland

The US military has operated for decades from Thule Air Base in Greenland.

19 Aug 2019 8:33 AM

Allianz Real Estate, acting on behalf of several Allianz companies, has committed USD 150 million to a closed-end office development platform managed by the Godrej Group, Munich-based Allianz group said in a statement. (Photo: Representational)

Allianz to invest USD 150 mn in office development platform managed by Godrej

The platform, Godrej BTC (GBTC I), targets the development of premium Grade-A offices in tier one cities in India.

13 Aug 2019 12:22 PM

By 2030, residential real estate has the potential to almost double from the current stock of 1.5 million units in key cities, the report said. (Representational Image)

India's real estate sector on growth trajectory: CREDAI-CBRE report

The report estimated that office space stock will touch one billion sq ft by 2030.

11 Aug 2019 2:24 PM

A bench headed by Justice R F Nariman, which disposed of a batch of over 180 petitions filed by various builders. (Photo: File)

SC upholds IBC amendments, status of homebuyers as financial creditors

The bench said only genuine homebuyers can invoke insolvency proceedings against the builder.

09 Aug 2019 12:09 PM

According to pricing trending in 2019, property rates in Jammu and Srinagar have remained constant with no upward movement. (Representational Image)

Irrational prices, non-transparency may make Kashmir a tough property market

Scraping of Article 370 has presently opened up the hope that outsiders may invest in undaunted property in the union territory.

08 Aug 2019 11:42 AM

Ramesh Nair, chief executive officer and country head of JLL India, said its revenue growth was fuelled by rising demand for Indian commercial real estate, especially office space, from investors as well as end-users.

JLL India revenue grows 17 pc to Rs 4,000 cr in FY19; to hire 2,000 employees

JLL India had posted a revenue of Rs 3,420 crore during the financial year 2017-18.

28 Jul 2019 4:48 PM

"The greedy builders have defrauded lakhs of homebuyers. They are all from the middle class. They invested their hard-earned money for making their dream of a home come true," Goel said. (Photo: File)

Hang builders for defrauding homebuyers: Vijay Goel

Goel, a former Union Minister, also sought action against celebrities who endorse such brands.

25 Jul 2019 2:26 PM

The outperformance is mainly attributable to the record level of investments worth $11.1 billion in infrastructure and real estate.

PE/VC investments up 27 per cent in H1

In the best half yearly performance, investments worth $23.4 billion were recorded across 536 deals in H12019.

13 Jul 2019 2:51 AM

In terms of the number of deals, the increase was higher at 43 percent H1 of 2018. In the first half, there were 536 deals as against 376 deals in the same period in 2018. (Representational image)

Infra, realty drive private equity/venture capital inflows up 27 pc at USD 23.4 bn

Like in 2018, large deals with value of over USD 100 million continued to drive inflows.

11 Jul 2019 5:54 PM

The India sales improved by 4 per cent in H1 2019 making this the third consecutive quarter to record sales improvements, said Knight Frank India Executive Director (North) Mudasir Zaidi. (Photo: Representational)

Housing sales in 8 major cities up 4 pc in Jan-Jun; supply rises by 21 pc: Knight Frank

Supply of new homes rose by 21 per cent to 1.11 lakh units during January-June 2019 from 1.24 lakh units in the year-ago period.

09 Jul 2019 1:04 PM

Entry of big corporate houses like Tata, Mahindra, Godrej, Piramal and Adani in the real estate business and default in delivery of apartments to home buyers by realty firms have been a major catalyst for this consolidation process. (Photo: Representational)

Indian realty market passing through major consolidation: PropEquity

There has been a massive consolidation with over 50 pc of total developers that existed in 2011-12 leaving industry by 2017-18.

07 Jul 2019 5:49 PM

Liquidity has been a major concern for the real estate sector, which the government has tried to address to a certain extent in this Budget, said NAREDCO President Niranjan Hiranandani. (Representational image)

Budget 2019: Tax deduction on home loan interest to boost housing demand: realtors

Many, however, rued that real estate sector was not given 'industry' status and no stress fund got created for stalled projects.

05 Jul 2019 7:17 PM

The study ranks Mumbai as the 67th most expensive city, down two notches from last year, from among the 209 it analysed globally. (Photo: File)

Inflation pinches much less for expats than average Indian

Mumbai continues to be the most expensive city for expats in India and Kolkata is the cheapest, claims a study.

26 Jun 2019 6:30 PM

During the first six months of 2019, the real estate sector witnessed private-equity (PE) inflows of USD 3.9 billion (Rs 27,767 crore).

PE investment in real estate up 26 pc at Rs 28,000 cr during Jan-Jun 2019: report

PE inflows from foreign investors increased 28 per cent during the first six months of the 2019 calendar year.

26 Jun 2019 1:20 PM

FPCE President Abhay Upadhyay said and pitched for the creation of a stress fund to end the mental and financial stress of these home buyers.

Home buyers body want Rs 10,000 cr 'stress fund' to complete stalled projects

The association said that delay in project execution is the biggest bane plaguing the real estate sector.

24 Jun 2019 12:59 PM

In 2017-18, the total real estate investment in Bengaluru was almost USD 800 million, this investment more than doubled annually in 2018-19.

Bengaluru among 10 cities to attract maximum cross-border investments in APAC: CBRE

India was among the top five preferred markets in APAC with the launch of the first Real Estate Investment Trust.

19 Jun 2019 12:58 PM

Compared to Delhi, prime property in Mumbai was 93 per cent costlier.

Mumbai nearly twice as costly as Delhi

Mumbai prices have been consistently rising every year since 2014 - having risen 5.1 per cent in the period 2014-18.

13 Jun 2019 1:23 AM

CREDAI President Satish Magar said the bank rate cut augurs well for the Indian real estate industry and would have a significantly positive impact on industry's revival as well. (Representational Image)

Repo rate cut to boost housing demand if banks pass on benefit to customers: Realtors

RBI lowered the benchmark lending rate by 25 basis points to a nearly nine-year low of 5.75 per cent.

06 Jun 2019 6:06 PM

WeWork is at the forefront of a structural shift in how real estate is bought, leased and consumed that will leave behind the landlords and investors who ignore the disruption. (Photo: AFP)

WeWork starts USD 2.9 billion property platform with Canada's CDPQ

WeWork, valued at about USD 47 billion in a series of private fundraisings, filed paperwork in April.

16 May 2019 12:13 PM

In the auto sector, the sentiment is muted, with buyers deferring purchases on lack of financing support from the non-bank finance companies, or NBFCs.

Outlook gloomy for auto, brightening for property: Survey

For cars in particular, purchase decisions appear to be getting pushed out to beyond a two-year horizon.

15 May 2019 1:48 AM

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Sanjeev Ahluwalia