Global pension funds are eyeing Bengal's real estate market
With REIT opening up giving these foreign funds an opportunity to exit, the existing private equity funds such as KKR, Blackstone, JM Financial and Xander are also looking to increase their exposure in West Bengal's retail and logistics space, avers realtor Pradeep Sureka, vice president, Indian Chamber of Commerce.
South Delhi bucks realty trend with growth in sales
South Delhi has been an outlier in context of the overall residential market. While volum...
Market Movers: What changed for D-Street while you were sleeping
Here’s breaking down the pre-market actions.
Govt's Rs 25,000cr realty booster inadequate to revive stalled projects: ICRA
The government on Wednesday approved a Rs 25,000-crore fund to help complete over 1,500 stalled housing projects, including ones that have been declared NPAs or admitted for insolvency proceedings, as it looks to boost growth by steering consumption in real estate and associated sectors. The move is likely to help 4.58 lakh housing units across the country.
CoHo plans to raise up to Rs 100 cr; targets 1 lakh beds in 3 yrs
The top 30 players in student housing/co-living space offered a cumulative stock of more than 2.5 lakh beds as of August 2019.
Co-working space cos go on fundraising spree to fuel growth
Large players in India in talks with institutional investors to raise money to fund expansions. Leasing activity rose by more than 30% annually, crossing 47 million sq. ft. during January-September this year, says CBRE South Asia Q3 office report.
Blackstone lines up logistics push, in talks with Hiranandanis for deal
Blackstone is talking to Hiranandani Group to acquire 50% stake in the realty developer’s logistics venture that has over 12-million-sq-ft assets under construction in Pune and Chennai.
Warehousing space sees USD 500 million investment since 2017 as demand rises post GST: CBRE
CBRE had earlier reported that leasing of warehousing spaces went up by 31 per cent to over 13 million sq ft across eight major cities in the first half of this year, driven mainly by demand from third party-logistic and e-commerce firms.
Student housing to see investment of USD 700 million by 2023: CBRE
According to the report released on Thursday, on an average, currently, only one hostel bed is available to six students enrolled for higher education in the country.
Corporate tax cut to boost liquidity of developers, boost demand: Realty industry
"It is a due corrective step by the Centre to uplift investor's sentiment and prompt investment back in drying up Indian economy," said Niranjan Hiranandani, President, NAREDCO.
Wework turmoil raises high-stakes questions about office sharing
WeWork shook up the world of co-working spaces with more amenities and efforts to create communities for its tenants, who are frequently small groups or even individuals.
NDR Infra plans to monetise 3000 acres to beef up portfolio
The firm plans to set up 20mn sft of warehousing space across the country, with a total investment of about Rs 5000 crore over the next five years.
Disappointed with government's measures to boost real estate: CREDAI
The Credai Chairman said the government should remove the unit price cap of Rs 45 lakh for availing the additional deduction of Rs 1.5 lakh on home loan interest.
Bandra bandstand bungalow gets bids of over Rs 200 crore
The bids for some of the last free space in Bandra received record bids.
Leasing of warehousing spaces jumps 31 per cent in 8 major cities in first half of 2019
The demand for warehousing/logistics space was driven by third party logistic firms, which absorbed 56 per cent of the total space.
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