INDIAN PROPERTY
Godrej Fund Management achieves first close of new $500 million office properties fund
Godrej Fund Management, the real estate private equity arm of the Godrej Group, has achieved the first close of $500 million or Rs 3,700 cr...
Real estate sector seeks input tax credit on development of leased commercial properties
In its Budget recommendation for the 2021-22 fiscal year, industry body CII has demanded that Section 16 read with Section 17(5) of the CGS...
Pre-budget realty check: The property scene in pandemic era, and what FM can do on Feb 1
Favourable market conditions and the need to own a home on grounds of safety is expected to fuel demand in the property markets in 2021.
Indian supermarket chains to go on expansion spree
Riding on a sharp recovery from pandemic-led blows, supermarket chains are aggressively looking to expand nationwide in the coming years, a...
Motilal Oswal Real Estate to raise Rs 800 crore through fifth property fund
While the last three funds -- IREF II, IREF III and IREF IV -- focused on early-stage investments, IREF V will focus on extending construct...
What makes a luxury home? Decoding the next big boom in the Indian residential real estate market
There are many real estate developers who have great offerings, but Godrej RKS seems to have caught everyone’s fancy with its rich history ...
Top 8 Indian cities witness 1% rise in property prices in Q4, Magicbricks PropIndex
At the city level, the western region witnessed the most price increments, and prices in Mumbai Metropolitan Region (MMR) and Ahmedabad ros...
I-T sleuths question Robert Vadra in connection with benami properties
A department team has gone to record Vadra's statement under the provisions of the Prohibition of Benami Property Transactions Act, officia...
IPAB allows IPRS to collect royalties from FM Radio Stations for its members
The tribunal, headed by chairman Justice Manmohan Singh and technical members N Surya Senthil and SP Chockalingam, pronounced the judgement...
Stocks in the news: Infosys, YES Bank, Vedanta, Ansal Properties, Union Bank and Coromandel International
YES Bank board has approved promotion of Niranjan Banodkar as the Group Chief Financial Officer (CFO).
Private equity investors continue to chase Indian real estate despite Covid-19 blip
Not only has their interest continued, the sector has seen some of the largest-ever cheques being signed by global investment majors like t...
Want to invest in global properties? Here's a chance
Kotak International REIT FoF is an open-ended mutual fund that invests in units of SMAM Asia REIT Sub Trust Fund, which in turn holds a por...
Build, Lease, REIT: Decoding the sudden rush among top global investors for Indian office property
“The India story happened when offices were available for a dollar, that has still not dramatically changed, you still have offices availab...
Global, local investors eye IL&FS Bandra-Kurla Complex property
“While the financial bids are yet to be placed, the deal is estimated to fetch around ₹1,500 crore, given the status and location of the pr...
Indian property sector’s 2021 outlook resilient; office realty to lead revival
According to the consultant, the Bengaluru office market is expected to experience a rise in office rentals in the next year while Mumbai a...
Indian realty's institutional fund inflow in 2020 seen at $4.8 bn
Report said that investors are most attracted to the country’s office sector, with interest remaining strong throughout the pandemic and th...
Is it a good time to buy property? Here is expert's take
ET Online's Shambhavi Mehrotra speaks to Raj Khosla, Founder & MD, MyMoneyMantra.com, who explains how homebuyers can gain in terms of pric...
Blackstone nears $2 billion property deal with Prestige
The US private equity group is in advanced talks to acquire Prestige Estates Projects Ltd.’s rent-yielding assets including offices and ope...
Indians looking at properties in countries that grant them residency
Given that in some countries investment limits are as low as Rs 2.5 crore, it's not just the HNIs and ultra-HNIs who are eager to invest bu...
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