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Non-resident Indians (NRIs) are increasingly showing interest in the southern markets, especially Karnataka, Tamil Nadu and Kerala, for real estate investments, with over 75 per cent of searches in these markets during 2020, according to a report.The maximum search or demand comes from those NRIs living in the US, followed by the UAE and Britain, […]
NRIs eye southern realty for investment: Report Read More »
NEW DELHI: PNB Housing Finance is targeting to reduce its corporate loan book to below Rs 10,000 crore by the end of this fiscal as it seeks to focus more on retail lending activities, according to a top company official. The company’s corporate lending stood at Rs 10,989 crore at the end of the first
Payment schemes such as 20:80 introduced by developers have made some impact in offloading inventories. Its success hinges on the price point and most important,track record in delivery,say a cross-section of experts Developers,saddled with huge unsold inventories,are wooing hesitant buyers with seemingly attractive payment schemes. Earlier,buyers kept off the sales counter as the price points
Will the 20:80 formula click? Read More »
A ‘K-shaped recovery’ is underway in the realty sector, where access to credit and demand consolidation has helped large players grow handsomely even as their smaller sized rivals struggle, a report said on Monday. The smaller sized real estate companies’ woes will “weigh heavily” on the sector as a whole, domestic rating agency Icra said
Realty sector witnessing K-shaped recovery; smaller players losing market share: Report Read More »
Healthcare product maker Abbott Healthcare has leased a 5,000-sq-feet apartment at luxury residential project Sunteck Signature Island in Mumbai’s business district Bandra-Kurla Complex (BKC) for monthly rental of around Rs 10 lakh. The total tenure of the lease is 36 months, which takes the rentals pay-out to over Rs 3.60 crore during the period. The
A sluggish market has turned the focus back on redevelopment. In Mumbai,housing societies are being wooed into such projects by the very developers who built those homes decades ago,but still retain the conveyance deeds for those plots of landThe real estate market is currently awash with various payment schemes,gimmicks and value-added propositions to get inventories
New homes for old ones Read More »
New Zealand’s success in battling the coronavirus has unleashed an unanticipated problem: skyrocketing house prices. When the pandemic first hit, most experts predicted house prices would fall. Instead, prices have risen by more than 19% over the past year, putting them out of reach for many people wanting to buy their first home. The government,
Real estate in New Zealand feels Covid heat as housing prices skyrocket Read More »
NEW DELHI: Kamdhenu Ltd on Monday reported a more than three-fold jump in its consolidated profit after tax to Rs 5.58 crore in the June quarter, mainly on account of higher income. The company had clocked a profit after tax of Rs 1.5 crore in the year-ago period, the company said in a regulatory filing.Gurugram-based
Kamdhenu’s profit jumps to Rs 5.58 crore in Q1 FY22 Real Estate News ET RealEstate Read More »
Realty firm Gaursons India on Friday said it has bought 300 acre on Yamuna Expressway in Greater Noida from Jaypee group for more than Rs 1,500 crore to develop an integrated township. The Ghaziabad-based company will launch the township by the end of this year and plans to construct about 15,000 apartments in affordable segment.
City Lights: Gaursons buys 300 acres of land from Jaypee for Rs 1500 crore Read More »
Amid the ongoing slowdown in the real estate sector, more than 90 unfinished projects in Uttar Pradesh will be shut down, said officials of the UP Real Estate Regulatory Authority (UP-Rera) on Sunday.UP-Rera is a quasi-judicial body formed in 2017 to safeguard the interest of this sector.Promoters have submitted applications to cancel the registration of
Over 90 realty projects to shut in Uttar Pradesh Read More »
नई दिल्ली: क्या आप भी घर बैठे कमाई (Earn Money) करना चाहते हैं? अगर आपके पास भी पुराने नोट (Old Note) हैं, तो ये आपके लिए कमाई का जरिया बन सकते हैं. अगर आपको भी पुराने नोट (Old Note Collection) इकट्ठा करने का शौक है तो आप लखपति बन सकते हैं. कई बार लोग पुराने सिक्कों
नई दिल्ली: 7th Pay Commission Latest News: संविदा कर्मचारियों के लिए बेहद अच्छी खबर है. सरकार (Rajasthan Government) ने संविदा कर्मचारियों के लिए बड़ा ऐलान किया है. राष्ट्रीय स्वास्थ्य मिशन (NHM) में तीन से पांच साल की सेवा पूरी करने वाले संविदा कर्मचारियों को एकबारगी बोनस देने का फैसला लिया गया है. मुख्यमंत्री अशोक गहलोत ने इस