Institutional investment in realty to touch $5.5 bn: Study

Institutional investment in real estate could rise marginally to $5.5 billion (around Rs 38,527 crore) before year-end, as domestic and foreign investors see tremendous growth opportunities in the Indian property market, a report has stated. Continue Reading

Indiabulls sells 50% stake in 2 office assets for Rs 464 cr

In November, the company had announced signing of a non-binding term sheet to divest 50 per cent stake in these two assets having nearly eight lakh sq ft leasable area. Continue Reading

Rental housing segment needs government intervention: Study

Released by MagicBricks, the report titled ‘Residential Real Estate’ report said, “A large population in India can`t afford buying a home and rental housing can be an alternative to such people. This is one area where the government`s intervention is required.” Continue Reading

Office absorption: Chennai, 6 other top markets to record all-time high

In 2019, the top seven markets of Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune and Kolkata together are forecast to record an all-time high net absorption of over 37 million sq ft, the level achieved in 2011, said a JLL India report. Continue Reading

Chennai is top market for CBRE: Chairman

With India being a key market, CBRE expects its local business to fuel growth and development in the country. Boasting of a robust economy and a skilled manpower, Chennai remains a crucial market for CBRE, a release stated. Continue Reading