Realty Revival May Push up Retail Rentals
There may be a turnaround in realty fortunes, but rentals are still to look up. So much so that the likes of Shoppers Stop or Inox have not yet been approached by mall developers to cough up higher...
View ArticleMahindra Lifespaces Plans Revival for Growth
Mumbai-based realty developer Mahindra Lifespaces Developer (MLD) has gained 16% in the past one month, as its rental portfolio increases. The stock has managed to put up a good show despite the...
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Real estate firms returning to high-price, high-volume model
Companies which had cut margins for sales during the downturn are shifting focus to high-end projects Bangalore: In February, DLF Ltd launched 150 high-end apartments in the third phase of Capital...
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Flat sales drop in Mumbai, yet builders build more
Mumbai: The sale of flats may have dropped by around 50% in the past few months, but there is no stopping developers from launching new projects. There has been a slew of projects in the city in the...
View ArticleInvestors back in real estate
Noida Property The real estate market is back in the reckoning as an invfestment asset and investors have started booking into new projects. As India’s growth story is becoming more and more...
View ArticleCommercial realty biz hits oversupply hurdle
Commercial Property MUMBAI: Demand for commercial real estate has not shown improvement in line with the residential segment in the past one year and has continued to reel under the pressure of...
View ArticleIT Department to Probe Suspected Real Estate Deals
The Income-Tax department is planning to look into all suspected real estate deals to check involvement of black money component and tax evasion in such transactions in the past few years. The drive...
View ArticlePhoenix Group Plans to Invest Rs 2000cr in Upscale Residential Projects
Leading infrastructure development company Phoenix Group has announced plans to invest Rs 2,000 crore in various upscale residential projects, including Rs 350 crore in Golf Edge, a mixed use project...
View ArticleDull market, rising material cost slow down real estate business
NASHIK: A lull in the market and increase in land prices and cost of construction materials have affected the realty sector, leading to a slowdown in new constructions in the city in the past few...
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