Category Archives: Real Estate News

NCDRC orders Emaar MGF to refund buyer’s money | ET Realty The NCDRC said such agreement was not enforceable as it was “one-sided” in favour of the builder at the cost of the interest of homebuyers. NEW DELHI: A home-buyer will have to forfeit only the earnest money paid at the time of booking a […]

Office leasing across top 7 cities drops 36% over last year due to COVID-19 | MoneyControl The current slowdown is a temporary setback, markets to pick up in H2, 2020 as most transactions for second quarter have been pushed to the second half, Colliers International report has said In the backdrop of COVID-19 induced economic […]

COVID-19 impact: Some mall operators agreed to cut rents by 50-100% during lockdown period | MoneyControl Prolonged mall closure, rent waivers to test financial flexibility of mall operators; operating income to decline by 45-60 percent in FY2021: ICRA A few mall operators have announced blanket deals for their retail tenants in their properties that include […]

Explained | How Real Estate In India Is Realigning | MoneyControl In this edition of the Explained series, find out how prices and demand are moving in the realty sector. All-India housing prices index rose by 3.9 percent during the fourth quarter of 2019-20 compared to the previous year but contracted 0.2 percent compared to […]

Five ways real estate will change forever | LiveMINT Covid-19 may alter how we live, work, learn and play. What will it do to the buildings that house those activities? The nature of the home, the office and the retail zone is likely to see some dramatic change. Decentralization, redistribution and restructuring will be the […]

MREAT orders Tata Housing to refund home buyer’s money with interest Home buyer Rahul Lahiri had challenged a MahaRERA order of May 20, 2019, which ruled that he was not entitled to a refund under Section 18 of Real Estate (Regulation and development) Act (RERA). The Maharashtra Real Estate Appellate Tribunal (MREAT) has set aside […]

PNB plans to sell real estate assets by the end of Q3 FY21 | ET Realty “We have a lot of real estate assets because of the merger. We are planning to sell some of them. We are planning to sell a good amount of these assets by the end of the third quarter provided […]

Blackstone raises around Rs 2,270 crore from stake sale in Embassy Office Parks REIT | ET Realty Embassy Office Parks REIT is the country’s first Real Estate Investment Trust (REIT), which was launched last year by realty firm Embassy group and global investment firm Blackstone to raise nearly Rs 5,000 crore. NEW DELHI: Global fund […]

Indiabulls Housing surges 60% in two days as Morgan Stanley picks stake According to the bulk deal data available on NSE, Morgan Stanley Asia (Singapore) Pte. bought 45,22,602 shares of the company at the rate of Rs 184.76 per share on Friday. This puts the transaction value at Rs 83.56 crore. Shares of Indiabulls Housing Finance […]

Real estate builds wealth more consistently than other asset classes: Hiranandani New agenda for change is emerging, gaining traction Covid-19 has ensured that paradigms are set to change in the real estate sector with the industry evolving in new ways, according to Niranjan Hiranandani, Co-Founder of realty major Hiranandani Group. For Info Clink the Below […]