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Builders get three months to file audit reports with Goa RERA. The Goa Chamber of Commerce and Industry and CREDAI - Goa had requested Goa RERA to extend the timelines for the completion of audit and submission of annual account statements for 2020-21 due to the “hardship faced by the real estate sector” during the Covid pandemic.
Actived: 4 days ago
Realty hot spot series: An established residential
(3 days ago) 21 hours ago · In this week's Realty Hot Spot series we take a look at Golf Course Extension area in Delhi NCR's Gurugram. This part of Gurugram is well connected by road and the Rapid Metro network and it is an established residential and commercial corridor. It has quality social infra such as DPS International School, St. Xavier's High School, Artemis Hospital and Medanta Medicity.
Real estate sector to touch $1 trillion by 2030: Kant
(4 days ago) The real estate sector plays a multiplier effect in the development of the economy and is expected to reach a market size of USD 1 trillion by 2030, accounting for 18-20 per cent of India's GDP, Niti Aayog CEO Amitabh Kant said on Friday. Virtually addressing an event organised by industry body CII, Kant further said the last 18 months have been challenging for India and the economy in general
Real Estate Property News, Trends & Policy Market News
(7 days ago) Residential property sales likely to improve in 6-12 months: Survey Oct 16, 2014. Home buyers not fully convinced about recovery in real estate sector Oct 9, 2014. Mumbai slips to 10th position in terms of rentals, says report Sep 24, 2014. Key to Maharashtra office …
DLF Prestige Estates HDFC: Real estate index off the
(7 days ago) The real estate stocks were at 11-year high and the overall data show the number of new registrations has been spiking up month on month. A lower interest rate regime has helped this trend continue. Largecap or smallcaps all stocks have done quite well. My sense is that in such a scenario, real estate stocks will continue to do well.
Brookfield India Real Estate Trust share price live today
(7 days ago) Brookfield India Real Estate Trust share price live updates on The Economic Times. Check out why Brookfield India Real Estate Trust share price is up today. Get detailed Brookfield India Real Estate Trust stock price news and analysis, Dividend, …
Google to spend $1 billion to establish
(Just Now) Mountain View, California-based Google's move to invest in prime real estate on the lower west side of Manhattan also underscores the growing importance of New York as a hub for innovation and an incubator for technology companies. With a plethora of white-collar workers and good infrastructure, the city provides a better option to other places
union properties: Emirati prosecutors investigating Dubai
(6 days ago) 8 hours ago · The announcement by prosecutors renewed questions about the wider stability of Dubai's boom-and-bust real estate market, which saw Union Properties pile on some $2 billion of debt during the city-state's financial crisis over a decade ago. The company had nearly $500 million in debt at the end of last year, according to their financial filings.
NCR real estate News and Updates from The Economic Times
(3 days ago) The survey has reinforced the significance of real estate as a tool for prudent and risk-averse investment. 58.5% of survey respondents have chosen real estate as a mode of investment in the future. In a time when the fragility and fatigue in the financial markets will persist, tangible assets like real estate will be a go-to option for investors.
Real estate developers reach out to government over GST on
(4 days ago) Real estate players say they have seen disruption during the Covid-19 pandemic in the last two years with increasing costs, falling revenues and other problems such as labour shortage. In a typical redevelopment project, a real estate developer takes over a project, and rebuilds it with additional space and apartments.
real estate stocks: How will back-to-office affect real
(4 days ago) Whether the real estate company is more residential, more commercial or a combination of both -- the market has not distinguished that, says Sandip Sabharwal, analyst, asksandipsabharwal.com As more and more people are going back to office, the residential property boom may shift to commercial next
Real estate developers line up offers for festive season
(8 days ago) Real estate developers are betting big on the festive season and lined up launched to ensure enough supply as demand for homes have gone up due to Covid. Developers said that pandemic has reaffirmed the significance of homeownership and provided a fillip to the demand for spacious homes endowed with best-in-class amenities.
high-street retail: Rent of retail space up 11-17% in
(Just Now) 14 hours ago · US-based Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of USD 8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services.
It is a good, bad and ugly situation in real estate, says
(8 days ago) So we have a K-shaped recovery in real estate. It is a good, bad and ugly situation. certain projects are doing fantastic. Even the listed companies; Godrej, Tatas, DLF are doing well, private companies are doing very well in segments but there are also some companies not doing well; Omkar, which was a redevelopment entity, is doing very badly.
Institutional investors' appetite for Indian real estate
(3 days ago) Interestingly, listed Real Estate Investment Trusts (REITs) continued to raise low-cost debt and use the proceeds to acquire assets at attractive valuations. “We have taken significant advantage of the lowering interest rates. Our first debt issuance in May 2019 was at 9.4% and the last bond issue in January this year was at 6.4% for a 3-year
How real-estate brand Rustomjee is crafting spaces through
(1 days ago) Real estate developer and trusted brand Rustomjee has always believed in the philosophy that a home is more than just four walls. The company practises a multi-disciplinary approach called ‘Design Thinking’, that has human-centric design at its core. It is the science behind the promise of being thoughtful. Thoughtful Spaces
Real Estate Awards and Conclave West Zone ET RealEstate
(3 days ago) The Economic Times Real Estate Conclave & Awards 2022 | WEST aims to bring top real estate stakeholders on a common platform and discuss what the industry, government, banks, financial institutions and other stakeholders need to do in order for real estate to bounce back and the awards recognizes and rewards excellence across India’s West zone real estate industry.
china evergrande group: China real estate shares, bonds
(4 days ago) China real estate shares, bonds hit by Evergrande concerns. Evergrande, which has more than $300 billion in liabilities and 1,300 real estate projects in over 280 cities, missed a third round of interest payments on its international bonds this week. Reuters; Updated: October 14, 2021, 18:19 IST
Real Estate Sector GDP: Latest News & Videos, Photos about
(5 days ago) Realtors' body National Real Estate Development Council (Naredco), under the leadership of its newly appointed President Rajan Bandelkar, has established 'NAREDCO MAHI'. Referring to the Real Estate (Regulation and Development) Act or RERA, Mishra noted that the "era of RERA" has come into the sector, which was known for corrupt practices. more
rmz corp: RMZ Corp appoints Avinash Sule as managing
(8 days ago) 9 hours ago · RMZ Corp appoints Avinash Sule as managing director. This second appointment comes at a time where the company plans to propel their current 67 million sq ft of real assets, valued at US $10 billion, to 87 million sq ft which will be valued at US $15 billion by 2026. ETRealty. Updated: October 25, 2021, 18:13 IST.
s&p: Dubai real estate recovery 'fragile' and uneven, S&P
(8 days ago) Dubai real estate prices have rebounded strongly from a record low at the end of 2020, but demand is uneven and oversupply of residential properties will pressure prices in the long run, making the recovery fragile, S&P Global Ratings said. Real estate investment firm CBRE Group said last week that average residential property prices in Dubai rose 4.4% in the 12 months to August, the highest
evie real estate: CG Power to sell Kanjurmarg property to
(Just Now) NEW DELHI: CG Power and Industrial Solutions on Monday said it has signed a binding term sheet with Evie Real Estate to sell its property at Kanjurmarg in Mumbai, for Rs 382 crore by March 2022. "As per the term sheet signed with the buyer (Evie Real Estate Pvt Ltd), the sale consideration has been fixed at Rs 382 crore, in addition to repayment of Rs 20 crore of deposit, under dispute.
Coronavirus Impact on Real Estate: Read latest updates of
(5 days ago) Lower impact of second wave of Covid on residential real estate sales; recovery likely in later part of FY2022: ICRA. 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.
Latest msme News, Information & Updates
(2 days ago) Real estate sector staring at payment defaults amid Covid-19 lockdown. The Indian real estate sector, which is currently worth USD 12 billion and contributing about five per cent to the GDP, has witnessed a drastic drop in sales with no clarity on revival due to social quarantining, says Indian Chamber of Commerce (ICC). All. News. Photos. Videos.
Kolkata real estate News and Updates from The Economic
(7 days ago) The survey has reinforced the significance of real estate as a tool for prudent and risk-averse investment. 58.5% of survey respondents have chosen real estate as a mode of investment in the future. In a time when the fragility and fatigue in the financial markets will persist, tangible assets like real estate will be a go-to option for investors.
Kotak Realty, Guardians Real Estate set up development
(1 days ago) India’s largest alternative investment management firm Kotak Investment Advisors’ real estate private equity fund Kotak Realty Fund has formed an alliance with The Guardians Real Estate Advisory to set up a development management platform, persons with direct knowledge of the development, told ET. Kotak Realty Fund has earmarked Rs 2,000 crore for lending to real estate …
Latest gst News, Information & Updates
(1 days ago) The continued burden of GST for commercial real estate development. Goods and Services Tax, effective in India from July 2017, is an all-encompassing indirect tax regime that has brought a tectonic change in the landscape of Indian taxation, and many of us feel a sense of pride to have lived through this monumental event and transition.
Gurgaon property market: Latest News & Videos, Photos
(6 days ago) Haryana’s real estate market will crash if govt imposes 2% duty on transfer of properties: Developers “Gurgaon deals will be hampered, especially in the ready-to-move in property segment, where the buyer has to pay the stamp duty on transaction. At this time, when people are consolidating their real estate portfolio into a better upgraded
Huge scope in Indian real estate sector; women
(9 days ago) Realtors' body National Real Estate Development Council (Naredco), under the leadership of its newly appointed President Rajan Bandelkar, has established 'NAREDCO MAHI'. Referring to the Real Estate (Regulation and Development) Act or RERA, Mishra noted that the "era of RERA" has come into the sector, which was known for corrupt practices.
58.5% respondents prefer real estate as a mode of
(2 days ago) The survey has reinforced the significance of real estate as a tool for prudent and risk-averse investment. 58.5% of survey respondents have chosen real estate as a mode of investment in the future. In a time when the fragility and fatigue in the financial markets will persist, tangible assets like real estate will be a go-to option for investors.
real estate gdp contribution: Real estate sector will
(6 days ago) Real estate sector will contribute 10% of the GDP by 2030, according to Union Housing and Urban Affairs Secretary, Durga Shanker Mishra. Mishra was speaking on the launch of housing price index in association with the industry body NAREDCO, which will enable homebuyers, investors, real estate developers and policymakers to track high-frequency price movement in India's key residential …