Real Estate Project News

Companies

Delhi court issues bailable warrant against cricketer Gautam Gambhir

Delhi court issued bailable warrants against retired cricketer Gautam Gambhir for not appearing before it despite repeated summons in a case related to alleged cheating of flat buyers in a real estate project

1 min read20 Dec 2018
Companies

Altico invests ₹570 crore in Bengaluru real estate projects

Altico Capital has backed projects of Assetz Property Group and a plotted development project of Century Real Estate Holdings in Bengaluru

2 min read19 Nov 2018
Money

About 575,000 residential housing units stuck since 2013 across 7 cities: Report

Housing units valuing 4,64,300 crore or 575,900 units launched in 2013 or before are delayed in Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), NCR and Pune.

2 min read5 Sep 2018
Market

New real estate launches this year to lift investor sentiment

Realty firms, big and small, are also going in for affordable housing projects given the boom forecast in that segment

2 min read29 Aug 2018
Money

Real estate: IBC ordinance sweetens deal for homebuyers

While the new IBC ordinance benefits homebuyers, promoters will not really lose out, so long as the promoter is not a wilful defaulter

3 min read27 Aug 2018
Companies

Why a recovery from real estate slowdown is still a long way off

New real estate project launches in June quarter have declined 60% from a year ago, even as stalling rates remain at an all-time-high with more than 2.5 trillion stuck

2 min read30 Jul 2018
Market

Nightmare of Indian Accounting Standard 115 comes to haunt firms in the real estate sector

Most realty firms in the listed universe such as DLF, Godrej Properties, Phoenix Mills and Sobha would take a one-time hit in their profit and loss account

3 min read17 Jul 2018
Money

Shapoorji Pallonji set to launch 3 real estate projects in Delhi NCR this year

Shapoorji Pallonji CEO Venkatesh Gopalakrishnan said the sale volumes are back to pre-demonetisation levels, and demand is more consistent now, though prices have not risen

6 min read16 May 2018
Market

Realty finds investor favour but it’s a rocky road to a full recovery

Clouds of gloom on some fronts such as a pile-up of unsold units and mounting debt are clearing up, but a recovery in home sales and prices, key to better profits, is still some quarters away

2 min read15 Mar 2018
Companies

Supertech may sell some of its malls, hotels to raise Rs1,000 crore

Supertech will use the funds to generate liquidity for the business and to reduce debt

2 min read13 Feb 2018
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