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Real estate market Archive

Edelweiss to raise $1 bn for its first realty fund

Despite a rough market scenario and inadequate interest from limited partners (LPs) in the Indian real estate segment, Edelweiss Alternative Asset Advisors Ltd, is raising up to $1 billion for its first residential real estate fund, confirmed a top executive of the company. The fund will explore for investment opportunities in five property markets—National Capital […]

HKCCI oppose the state government for increasing guidance value of property at Kalaburagi City

The HKCCI (Hyderabad Karnataka Chamber of Commerce and Industry) has taken stand against the proposal of State Government which was about to increase the guidance value of the real estate property in Kalaburagi region without any set of guidelines. A written objection which was filed by HKCCI before Chief Controlling Revenue Authority in Karnataka, Inspector […]

India’s property market is getting pace after mega commercial deals

Currently, Indian property market is witnessing boost after the two mega commercial deals; In first deal; Carnival Group buys real estate project from L&T Group in Chandigarh and the deal price was Rs 1,785 cr and in second deal; Abbott Group buys office space from Godrej Properties in Mumbai and deal price was Rs 1,479 […]

Buying resale property? Here are some tips

There are multiple reasons that push you into buying resale property, and the foremost being the urge to own a home of your own. Other than this evident reason, when you hear a lot of new residential and commercial projects entering the market on a regular basis and flying off the shelves even before they […]

Lucrative offers from developers: Combo of residential apartment, helicopter joy ride and a job for one female member of buyer’s family in 6.25 lakhs

If you think that it’s impossible to own apartment in low cost or get job in the city like Mumbai, so this time you are wrong because now real estate builders are making an unusual promises as recently one of the Mumbai based real estate announced that his company is offering residential apartment in just […]

In Mumbai two third unsold apartments have priced above Rs 1 crore, beyond the reach of potential home buyer’s

In present, there are more than two third unsold real estate inventory related to housing sector is priced above Rs 1 crore, which is much beyond the reach of normal potential home buyers. There are about more than 33,500 residential apartments in this particular category out of total 44,032 units. More than 80 per cent […]

E-Registration: An important step towards the transparency in the realty market

In the real estate market of developing countries land dispute is one of the most common disagreement and the cases can range from illegal land sales to grabbing the land of relatives and from fake purchase to land purchase at zero price. In India the real estate market has been plagued by many of these […]

Moody’s Investors Service: In near future property developers will face new challenges

According to Moody’s Investors Service, in past two to three years the capability of the Indian real estate developers to execute commercial and residential projects in market has been challenged because of late approvals and stretched liquidity. And such delays have slowed the flow of payments from buyers and investors as well as it has […]

Kareena Kapoor Khan sold her flat, which is located in Khar at Rs. 15 crore

Three years, before actress Kareena Kapoor Khan and her mother her mother Babita, had bought two different 3 BHK flats at same location and later they combined them into one flat of 2,050 sq ft area. According to reports, now that flat, which is located at Khar and owned by Kareena Kapoor Khan has been […]

Goldman Sachs will invest Rs 900 Crore in Piramal Realty

Global Investment Bank, Goldman Sachs is planning to invest Rs 900 crore or $ 150 million as the minority stake in Piramal Realty, which is Mumbai based real estate developer. Currently, Piramal Realty owns more than 10 million square feet of residential as well as commercial projects under development stage and they all are located […]