USD 15-20 billion of commercial space eligible for REITs in 2-3 years
As per a KPMG survey, around 80-100 million square feet of commercial space worth USD 15-20 billion would be eligible for Real Estate Investment Trusts in the next 2-3 years.
Oct 11, 2015, 13:57 PM IST
REITs to start functioning shortly: FinMin
Finance Ministry Monday said it expects newly-created business structures REITs to start functioning shortly, a move which will give a boost to the realty sector.
Oct 05, 2015, 19:53 PM IST
Assocham seeks sops from govt to revive sectors in 'crisis'
Pointing out that sectors like real estate, power, steel, gems and jewellery are in a "real crisis", industry body Assocham has approached the government for incentives like a cut in excise duty, teaser loans for housing and interest subvention for exporters.
Oct 02, 2015, 21:02 PM IST
Housing.Com, Credai forge deal for exclusive partnership
Housing.Com, one of the leading real estate platforms, and the Confederation of Real Estate Developers' Associations of India (Credai), India's apex real estate body, Friday signed a memorandum of understanding (MoU) for an exclusive partnership for three years.
Oct 02, 2015, 20:50 PM IST
Sebi bans Rahul Hi Rise from raising money from public
Stock market's regulator Sebi has barred Rahul Hi Rise and its directors from raising funds from investors till further directions. The regulator has also barred them from the securities market.
Oct 02, 2015, 14:38 PM IST
Kochi top real estate destination in Tier II cities
Kochi has topped the list of best real estate destinations among 19 Tier-II cities in India on the back of robust housing demand and better project execution, according to a report.
Sep 16, 2015, 16:20 PM IST
Considering selling non-core biz, real estate: Amtek Auto
Troubled auto components maker Amtek Auto is considering selling of non-core business, minority stake in overseas firm and some industrial real estate assets within the business to overcome financial crisis it is facing.
Sep 11, 2015, 22:41 PM IST
Blacksone to buy Strategic Hotels in deal valued at $3.93 bn
The private equity firm Blackstone will buy real estate investment trust Strategic Hotels & Resorts Inc in a cash deal valued at USD 3.93 billion.
Sep 08, 2015, 23:28 PM IST
Indiabulls Real Estate shares end 4.5% up on smart earnings
Shares of Indiabulls Real Estate rose by 4.5 percent Tuesday after the company reported over a two-fold surge in net profit for the quarter ended June 30.
Aug 04, 2015, 19:16 PM IST
Indiabulls Real Estate raises Rs 538 cr from promoters
Indiabulls Real Estate Ltd has raised Rs 538 crore by alloting over 8 crore securities, including equity shares, to promoter group companies.
Jul 22, 2015, 23:16 PM IST
Housing.Com join hands with RE/MAX to leverage listing
Property portal Housing.Com has joined hands with real estate brokerage network RE/MAX to leverage listings and offer end to end solutions to home buyers.
Jul 20, 2015, 23:21 PM IST
Govt committed to bring balanced real estate regulatory bill
The government on Friday said it will bring a balanced real estate regulatory bill to protect the interest of buyers as well as industry and the proposed law would reinforce the confidence of consumers and financial institutions in the cash-starved sector.
Jul 17, 2015, 19:46 PM IST
Indiabulls Real Estate to seek shareholders nod to raise funds
Indiabulls Real Estate will seek shareholders' nod to raise a total of Rs 538 crore from promoters, including convertible warrants worth Rs 290 crore.
Jun 21, 2015, 22:06 PM IST
Maharashtra to appoint housing regulatory body for home buyers
Maharashtra government will soon appoint a regulatory body to safeguard interests of home buyers after the Centre gave a go ahead to the state to frame rules to implement the Housing Regulatory Bill passed by the legislature and approved by the President.
Jun 16, 2015, 10:24 AM IST
Investor interest high in REITs but tax hurdles persist: ICRA
Even as the government's policy measures have bolstered investor interest in real estate investment trusts (REITs), lack of clarity on the tax structure remains a matter of concern, ICRA said Tuesday.
Jun 09, 2015, 20:50 PM IST
Housing sales improving; full recovery in next fiscal: CREDAI
Housing sales have started showing signs of improvement but full recovery is expected only in the next financial year, realtors' apex body CREDAI said Wednesday.
Jun 03, 2015, 22:47 PM IST
New cities necessary for development of country: Jaitley
Finance Minister Arun Jaitley on Saturday underlined the need to build new cities for turning India into a developed country.
May 30, 2015, 21:27 PM IST
Casa Grande eyes Rs 100 cr revenue from facility management service
Real estate developer Casa Grande has forayed into the facility management space under the new subsidiary Casa Grande Prop Care, offering various services including engineering and safety services.
May 30, 2015, 18:54 PM IST
Housing.Com acquires Realty BI for $2-4 mn
Real estate portal Housing.Com has acquired city-based start-up Realty Business Intelligence for an estimated USD 2-4 million deal (Rs 12-24 crore).
May 27, 2015, 23:21 PM IST
ASK exits Rajesh Lifespaces' realty project for Rs 125 cr
The group has chalked out detailed plans of exits from other investments over the next 6-12 months with targeted returns for its investors.
May 26, 2015, 17:45 PM IST
