Play real estate rebound with cement, ceramic, tiles stocks 25 Sep, 2021, 11.35 AM IST
Higher infrastructure spending by the government, an upturn in housing construction and an overall improvement in the macroeconomic conditions are expected to drive volumes in cement, paint and ceramic tiles. A number of players are expanding their businesses around the country, owing to increased customer base, enhanced effective operations, developed product portfolios and expanded geographical reach.
Realty stocks in demand after Karnataka cuts stamp duty 21 Sep, 2021, 03.46 PM IST
The state Assembly passed an amendment to the Stamp Act, 1957, slashing the stamp duty payable on flats priced Rs 35-45 lakh to 3 per cent.
Kotak Realty, Guardians Real Estate set up development management joint platform 20 Sep, 2021, 10.27 PM IST
Kotak Realty Fund has earmarked Rs 2,000 crore for lending to real estate projects to be managed by the joint venture company. The platform to be known as Ground Holding Realty will help mid-sized developers and landowners develop and monetise their assets.
Hines looking to add 4 mn sq ft to its India portfolio 14 Sep, 2021, 10.44 AM IST
“We currently operate 6 million sq ft of commercial and 4 million sq ft of residential space and we will add another 4 million sq ft of which one million sq ft will be residential. We currently have residential business in Mumbai and Bengaluru, one project each and we are looking to do more projects in those locations,” managing director and India country head Amit Diwan said said.
Fintech firm RealX to offer fractional ownership of real estate 10 Sep, 2021, 02.20 PM IST
The investment platform enables investors to digitally invest in high yield, high return properties with blockchain-based registry.
Prashant Khemka would rather avoid telecom and real estate stocks. Here’s why 08 Sep, 2021, 12.27 PM IST
“We find a lot of opportunities in private sector financials, IT services, consumer discretionary, chemicals and healthcare and investors can expect a 11% return from the equity market. … we hardly find any opportunities in energy, utilities, telecom and real estate.”
Australia’s REA group to invest heavily in India to expand real estate business, says CEO 07 Sep, 2021, 11.51 AM IST
Online real estate company REA Group Ltd. had entered into a binding agreement to acquire controlling interest in REA India (formerly Elara Technologies Pte Ltd) which owns and runs Housing.com, PropTiger.com and Makaan.com.
Mega trend coming up in real estate, but avoid leveraged players: Ajay Bagga 05 Sep, 2021, 09.00 AM IST
“Right now, all cylinders are firing in realty. Like it happened with consumer durables about 20 years back, a similar mega trend is coming in for all the beneficiaries of real estate post Covid. “
JP Morgan bullish on banks, auto and real estate stocks 03 Sep, 2021, 12.09 PM IST
JP Morgan said a third wave may hurt domestic-focused sectors but it is bullish on banks, auto and real estate sectors as potential reopening or monetary policy beneficiaries.
This is due to the fact that despite the significant disruption in Q1 FY2022, the underlying demand trend has remained intact, driven by factors such as multi-year low interest rates, demand for more residential space on account shift to hybrid working model, and pent-up demand.
Real estate developers offering flexible revenue share to retailers at malls and high-streets 01 Sep, 2021, 06.52 PM IST
“The negotiations between retailers and investors have improved and increased significantly post-pandemic. At this juncture, it is extremely crucial for developers to earn the trust of customers and boost their confidence as their allies, especially in these testing times. Understanding the current market sentiments, we are not hesitant to go the extra mile to offer the best proposition at all times to our valued partners,” said Pankaj Bansal, Director, M3M.
COVID-19 impact: More Indians keen to shift homes to suburban neighbourhood 25 Aug, 2021, 02.31 PM IST
These relocations were motivated by factors like wanting more open space and proximity to friends and family. For Indian Mainstream non-movers, 32% were more inclined to move residences in the next 12 months.
Real estate stocks may be in for a treat as sales likely to peak in 2023 19 Aug, 2021, 01.23 PM IST
Mumbai is likely to comprise a 28 per cent share of total sales and nearly 30 per cent of new launches. Bengaluru’s share will be 20 per cent and 17 per cent, respectively while Delhi-NCR may comprise an 18 per cent share of sales and 15 per cent of new launches, as per estimates.
Real estate sector demands circle rate reduction in NCR 10 Aug, 2021, 09.34 PM IST
“We all have seen the positive impact of rate cuts in Mumbai, with July recording the highest number of transactions in a decade. A similar kind of momentum was seen when Delhi announced a rate cut,” said Amit Goyal, chief executive at India Sotheby’s International Realty. “But we lost over two months due to the restrictions imposed during the second wave of Covid-19. Keeping that in mind, Delhi should extend the benefit while Noida and Gurgaon should roll back the hike.”
Otis India expects increase in demand for elevators with revival of residential real estate 09 Aug, 2021, 03.43 PM IST
“Elevator market in India is second largest after China and residential segment accounts for nearly 80% of Indian market. Elevator market is expected to grow in the coming years and key drivers for it would be residential and infrastructure. Although, infrastructure contributes only 5% but it is growing with government pushing investment,” said Sebi Joseph, President, Otis India.
Real estate projects face delay of two years: NAREDCO-UP 28 Jul, 2021, 05.35 PM IST
According to R K Arora, Chairman Supertech Group and President of NAREDCO-UP, real estate projects provide employment and consume products of about 250 types of industries and it suffered a major set back due to the pandemic COVID-19 and the lockdown imposed by the Government.