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Indian Real Estate News
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LIC Housing Finance net profit up 7% at Rs407 crore
Source: Livemint Jul 18, 2016
Housing finance company LIC Housing Finance on Friday reported a marginal 7% growth in net profit at Rs.407.84 crore in the quarter ended June due to higher provisioning. ... more
Motilal Oswal’s investment banking CEO Ashutosh Maheshvari quits
Source: Livemint Jul 18, 2016
Ashutosh Maheshvari, chief executive of Motilal Oswal Group’s investment banking business, has quit the firm to launch a structured debt fund, after 10 years with the firm. ... more
Grow a herb garden at home
Source: The Times of India Jul 16, 2016
Herb gardens can be grown in the smallest of spaces and add more to your menu. It is a myth that these exotic herbs can't be grown in hot climes because the seeds aren't available. Those who stay in small apartments and cannot indulge in gardening due to lack of space, also have reason to rejoice. Floral beds and manicured gardens sure have that come-hither oeuvre and magnetic appeal. Welcome to herb gardens that are garnering a lot of interest these days. ... more
The seventh heaven
Source: The Times of India Jul 13, 2016
Realty sector is expected to witness an increased activity, thanks to implementation of the 7th pay commission. ... more
Houses for different and able: How many?
Source: The Times of India Jul 13, 2016
For differently-abled people, there are still very few friendly houses out here. How? Let's find out... ... more
The default in our stars
Source: The Times of India Jul 13, 2016
Have you checked your creditworthiness lately? We tell you why you need to be less nonchalant about your credit score if you are serious about owning a house. ... more
All you want to know about undivided share or UDS
Source: The Times of India Jul 13, 2016
Undivided share plays a major role when it comes to buying an apartment in a residential complex or a township. ... more
Liability law should not concern anyone: S K Sharma
Source: Business Standard Jul 13, 2016
India’s nuclear capacity will be increased to 12,980 (megawatt) Mw from 5,780 Mw by 2023, based on current projects launched. The existing sites being developed have the potential to launch about 32,000 Mw, through indigenous and foreign reactors. In an exclusive interview to Sanjay Jog, the Nuclear Power Corporation of India’s (NPCIL) newly-appointed chairman and managing director S K Sharma explains the growth strategy. Edited excerpts: ... more
Office space absorption up 46% in June quarter
Source: The Economic Times Jul 13, 2016
Real estate consultancy firm CBRE in its latest report says there has been a quarter-on-quarter (q-o-q) growth of 46 per cent in office space take-up, primarily led by the Delhi national capital region (NCR) and Bengaluru, which accounted for almost 50 per cent of the total space take-up. ... more
Indian builders with assets in London face Brexit risks: Fitch
Source: The Economic Times Jul 13, 2016
Indian home builders who have significant investments in the London property market will face near-term challenges from Britain's vote to exit the EU last month, says Fitch Ratings. ... more
Parliament passes Real Estate Bill; homebuyers, developers to gain
Source: The Financial Express Jul 12, 2016
Real Estate Bill - Parliament Real Estate Regulation and Development Bill is set to become law with the Lok Sabha passing the long pending legislation for housing sector. ... more
Nirma cements $1.4-bn Lafarge India buyout
Source: Business Standard Jul 12, 2016
Nirma, the Ahmedabad-based detergent and soap maker, on Monday announced its acquisition of Lafarge India’s 11-million-tonne (mt) cement business for $1.4 billion (about Rs 9,478 crore), including debt. ... more
'Need to go back to our roots and learn Swachhta'
Source: The Times of India Jul 12, 2016
Towards sustainable transport network The Ministry of Drinking Water and Sanitation, on July 8 and 9, 2016, organized a 2-day workshop in New Delhi for special clean-up of 100 iconic places across the country, starting with 10 in the first phase. Representatives from the following 10 places participated in the workshop, along with representatives from concerned state governments and municipal bodies. ... more
Towards sustainable transport network
Source: The Times of India Jul 12, 2016
Boosting last-mile connectivity, expanding catchment areas for the city’s rapid transit systems; direct impact on real estate development ... more
What makes OMR much sought after by tenants
Source: The Times of India Jul 12, 2016
Excellent options along the OMR have made these places much sought after by tenants in. ... more
Art of egotiation
Source: The Times of India Jul 12, 2016
Keeping these points in mind will help you execute a smooth negotiation process with the seller. ... more
Tips to make home buying easier
Source: The Times of India Jul 12, 2016
With these five tips in mind, cut the extra cost of home buying and make it happen. Whether your real estate investment has been the best decision or not is hard to tell. Right from the rate to the yield, everything differs from one time to another. This is why there is no rule of the thumb when it comes to the property market. No matter how much you try to isolate it from speculations, some of it does come to play. As an investor, what can you do to save yourself from an ALAS! moment? ... more
Options even for the uninitiated
Source: Financial Chronicle Jul 08, 2016
Investment in the real estate sector has become a popular way among various classes of people to make quick financial gains. Historically, Indian investors put money in mainly two commodities, gold and real estate. ... more
Emami Realty to launch affordable project in Kolkata
Source: Financial Chronicle Jul 07, 2016
Spread over 25-lakh sq ft, the large residential complex in north Kolkata will include 1,233 residential units......Emami Realty, the real estate arm of the diversified Emami Group, is putting up a large residential complex near Lake Town on Jessore Road in north Kolkata. ... more
Demand that consumes the world's largest resources
Source: Financial Chronicle Jul 07, 2016
India smart cities programme has the potential to deliver huge benefits for millions of people and it appears to recognise that technological innovation has to take account of wider societal needs Cities have become the dominant mode of living in the world today. Already, the majority of the world’s population lives in urban settlements and cities will continue to grow – particularly in the developing world. ... more
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