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Altico lenders may buy 1,600 crore builder loans, adjust against future repayments

New Delhi, Jan. 18 -- Lenders to Altico Capital are working on a rescue plan for the non-banking financial company (NBFC) that envisages buying 1,600 crore of builder loans and adjusting it against fu... Read More


Realty portal offering only ready-to-move-in properties launched

New Delhi, Jan. 18 -- In order to boost sales and home buyers sentiments, real estate developer's body National Real Estate Development Council (NAREDCO), launched a real estate portal-www.HousingForA... Read More


Co-working cafes: The next big thing?

New Delhi, Jan. 18 -- Rising real estate rentals, diminishing brand loyalty among millennials and rising operating costs in metros have been brewing trouble for innumerable cafes operating across Indi... Read More


IBC amendment: SC provides partial relief to homebuyers

New Delhi, Jan. 18 -- Providing partial relief to homebuyers, the Supreme Court has issued a notice to the government of India on the petition filed by homebuyers against the amendment of the Insolven... Read More


Down but not out: realty in 2019

New Delhi, Jan. 18 -- India's economy entered the infirmary this year after complaints of weak consumption but ended up needing intensive care as its vitals dropped sharply. As economic doctors tried ... Read More


Why choosing a listed builder does not cut out the risk for buyers

New Delhi, Jan. 18 -- Though the real estate sector is witnessing an unprecedented slowdown for the past few years, there is one segment that has bucked the trend. Some of the listed developers saw th... Read More


Developers see government sops boosting real estate in the second half of the year

Mumbai, Jan. 11 -- A slowing economy, coupled with the ongoing liquidity crisis, may continue to drain the housing market in 2020. However, builders are optimistic that the market may revive in the la... Read More


Can India's biggest lender pull realty developers out of a funk?

New Delhi, Jan. 11 -- For troubled real estate developers, an unusual knight has emerged: State Bank of India (SBI). It is unusual because SBI has traditionally been conservative in its exposure to r... Read More


Sobha's sales up, but weak realizations and rising debt are playing spoilsport

Bengaluru, Jan. 11 -- Bengaluru-based real estate developer Sobha Ltd's overall sales volumes during Q3 FY20 rose by an impressive 17% year-on-year. Yet, this may not satisfy investors given that in v... Read More


Pallonji realty arm will set up warehousing investment platform

Mumbai, Jan. 11 -- Pallonji Real Estate is setting up a $600-million investment platform in partnership with a global sovereign fund to enter India's growing warehousing space, a top company official ... Read More