With global investors committing over $2 billion in the Indian real estate sector, credit rating agency Icra has said developers would be able to acquire new projects and ensure a healthy launch pipeline.
The private equity investment in real estate stood at Rs 3,900 crore during January-June period of last year.
Private equity inflows in the real estate sector rose 33 per cent to Rs 5,193 crore in the first half of 2016 on an improved investment climate following reforms like the real estate regulatory law, easing of FDI rules and introduction of real estate investment trusts (REITs), according to property consultant JLL.
Real estate and construction sector is expected to generate 75 million jobs by 2022 and emerge as the largest employer in the country, according to a report by KPMG India.
Non-banking financial company Altico Capital on Thursday said it has invested Rs 200 crore in real estate firm Legacy Group.
Indiabulls Real Estate on Tuesday said it has raised Rs 30 crore through non-convertible debentures (NCDs).
The iconic Plaza hotel of New York, owned by crisis-ridden Sahara group, has been named among the top rated hotel residences in the world.
The Employees' Provident Fund Organisation (EPFO) may soon introduce a scheme to allow its over 4 crore subscribers to pledge their provident fund (PF) to buy low-cost houses and use the account to pay equated monthly instalments (EMIs).
Uttar Pradesh is all set to allow the use of net banking and debit cards to pay registration and stamp fees on property transactions.
Realty firm Tata Housing is in advance stage of discussions with private equity fund Macquarie to set up a joint platform with a corpus of about Rs 2,500 crore for developing luxury housing projects across major cities.
Indian homes are estimated to have over Rs 78,300 crore worth of used goods like clothing, utensils and books, a study by used goods marketplace OLX said.
Banking big on the warehousing sector, which is likely to grow at 9-11 per cent every year, private equity players are keen on tapping the opportunity and expect investments up to Rs 15,000 crore per annum, say experts.
Investments made by alternative investment funds (AIFs) have risen to more than Rs 20,600 crore at the end first quarter of the current fiscal, a surge of 13 per cent from the preceding three months.
Eleven small cities are likely to witness an incremental housing demand of 9.44 lakh units in next five years, property consultant Cushman & Wakefield (C&W) has said.
Implementation of the Goods and Services Tax (GST) law will have a positive impact on the real estate sector with expected reduction in its tax burden, according to property developers and consultants.
The Securities and Exchange Board of India (Sebi) has cautioned public at large against dealing with any property where PACL and its promoters have interests as the regulator pursues efforts to recover Rs 60,000 crore in the case to refund investors.
Emaar Properties, the developer of the world's tallest building, has announced net profits of $674 million and revenue of $1.97 billion for the first half of 2016.
Residential property sales grew by 8 per cent in April-June quarter as compared to January-March quarter of the previous fiscal on the back of government's emphasis on affordable housing, softening interest rates and stagnant prices, a study said.