Real estate

Michael Nabati ---- The man who teaches the real essence of social work with sterling intention

Michael Nabati is a real estate finance specialist and the founder of "MostCap" ( a real estate company), from california,

Sep 8, 2019

UAE property developer Sobha plans initial public offering

Sobha is targeting annual sales of 2,000 housing units in Dubai that will result in revenue of 2.5 billion dirhams and profit of about 400 million dirhams by 2022, Menon said.

Aug 29, 2019

Government plans Rs 10,000 crore stress fund for real estate sector

In a two-hour-long meeting, the industry and Finance Minister Nirmala Sitharaman deliberated on multiple issues, including funding the stalled projects.

Aug 13, 2019

Supreme Court upholds IBC rule that gives home buyers status of financial creditors

Home buyers will enjoy the status of banks and institutional creditors and can take real estate companies into bankruptcy proceedings.

Aug 10, 2019

Xander to buy Pune office park for $130 mn, add 1.1 mn square feet to its assets

The Weikfield IT Citi Info Park in Pune's Viman Nagar is a commercial space leased to companies such as Maersk, WNS, Whirlpool, PTC, Nihilent, Tavisca and many more.

Aug 1, 2019

JLL India sees 17% revenue growth, plans to hire 2,000 more this year

JLL has annual revenue of about $16.3 billion from over 80 countries and has a workforce of about 91,000 employees.

Jul 29, 2019

I'm a business, man: What are the assets of Jay-Z, first rapper billionaire?

According to the US magazine, one of the factors that led to Jay-Z's financial stardom was his decision to make his own brand instead of endorsing other clothing lines.

Jun 4, 2019

Meet Kishin RK, Singapore's youngest billionaire and realty tycoon

Kishin RK says a businessman needs to have a clear vision about the future. The CEO and founder of RB Capital Group has many things to offer and many milestones to achieve in the coming days.

May 30, 2019

Populist Budget: Real Estate sector gets much needed relief

The interim budget presented by the acting Finance Minister, Piyush Goyal earlier this week was entirely from a populist eye on the middle class and farmers.

Feb 3, 2019

Will interim budget give a liquidity lifeline to realty sector?

Hundreds of housing projects across India are today stalled for want of funds, in turn driving down the real estate sentiment.

Jan 28, 2019

Realty inventory worth Rs 1 lakh crore shines light on ready-to-move-in units

Listed companies alone build up an inventory equivalent to 32 months' annualised net sales in the first half of FY19.

Jan 15, 2019

NBFC crisis hits real estate sector; sales growth muted at 6%

In the first six months of this year, 1,82,207 units were launched across eight cites including Mumbai, Bengaluru and the National Capital Region (NCR), out of which nearly 60 percent were priced below ₹50 lakh

Jan 10, 2019

Mumbai, Pune and Delhi-NCR among top 8 cities with highest new property launches

Apart from the growth in new launches of real estate, Knight Frank India also showed data of housing sales and unsold inventory in its ninth edition report – India Real Estate.

Jul 26, 2018

One year of GST: Real estate players hopeful of benefits in long run, but concerns persist

The impact of GST on real estate has caused several problems, but as the new tax regime nears one year since its implementation, industry experts hope that the remaining issues can be smoothened.

Jun 30, 2018

Big relief for homebuyers as President clears IBC ordinance

The ordinance under IBC, 2016 aims to save the buyers from builders who are declared bankruptcy in the middle of their real estate projects.

Jun 7, 2018

Indian cities witnessing rapid growth: Hyderabad, Bengaluru top in short-term growth

Indian cities secured top ranks in the 'short-term momentum ranking' in JLL's latest annual global report titled City Momentum Index (CMI) 2018.

Apr 2, 2018

NoBroker will soon be available in top 20 cities in India, says co-founder Akhil Gupta [VIDEO]

In an exclusive interview with Danish Manzoor, Executive Editor, IBT India, cofounder Akhil Gupta spoke about how NoBroker.com started and how they used technology to eliminate middlemen.

Jan 5, 2018

More than 6 lakh NCR homes fail to meet the delivery date

Around 29.23 lakh houses under construction are delayed and over 50 percent of these are delayed by at least one year or more.

Nov 27, 2017

Indians again top the chart of foreign investors in Dubai property

The data shows a significant jump of Rs 12,000 crore from 2014, when the department recorded Indian buyers investing Rs 30,000 crore that year.

Oct 27, 2017

Is Modi govt planning to bring real estate under GST? How will it benefit home buyers?

Economists and market analysts opined that real estate has seen the highest tax evasion among all business sectors and need to be regulated in a structured manner.

Oct 13, 2017