Property Trends

Realty boom: Developers, PEs aim at buying land parcels amid renewed hopes

Written by Jayanta Tuesday, 12 August 2014

( 0 Votes )BANGALORE/MUMBAI: After a lull of nearly three years, sale of large land parcels is picking up across the country amid a general improvement in sentiment on expectations that the new government will focus on infrastructure development. Not only developers but private equity (PE) players, too, are keen on joining hands with builders to acquire land...

Brookfield set to buy UCP for Rs3,000 crore

Written by Jayanta Tuesday, 10 June 2014

( 0 Votes )Mumbai: Brookfield Asset Management Inc., a Canadian asset management company that manages investments worth $181 billion, is set to acquire all of Unitech Corporate Parks Plc (UCP), a London Stock Exchange-listed, India-focused real estate investment firm, paying `3,000 crore. A definitive agreement to this end is likely to be signed this week in...

‘Next 30 days good time to buy real estate’

Written by Jayanta Tuesday, 27 May 2014

( 0 Votes )New Delhi: Nearly 60 percent of Indians think that next one month would be a good time to buy real estate with improvement in consumer sentiments following formation of a stable government, according to a survey by global research firm Ipsos. “Almost six in ten (57 percent) Indians think the next 30 days will be a good time to buy real...

Realty sector pinning hopes on new govt for revival

Written by Jayanta Tuesday, 27 May 2014

( 1 Vote )The real estate sector is pinning hopes on the new government for revival. Confederation of Real Estate Developers Association of India (CREDAI) Chairman Lalit Kumar Jain expressed hope that the new government would bring in a positive change to real estate developers and buyers by introducing reforms given the challenges of slump in sales, high...

Real Estate Regulation Bill partly draconian: Anuj Puri, JLL India

Written by Jayanta Monday, 12 May 2014

( 0 Votes )If a stable government comes to power at the Centre, the sentiment will improve. However, for prices to come down, it must provide infrastructure on new land parcels, says Anuj Puri, in an interview with ET. Do you expect the slowdown in real estate to end after the general elections? Anuj Puri: If we have a stable and business-friendly...

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