Embassy Group has offered to merge 61.9 million sq ft of its real estate assets into Indiabulls Real Estate Ltd (IBREL) for a proposed, the latter said in a regulatory filing on Wednesday. Once the merger goes through, Embassy Group and its chairman Jitu Virwani will take control of the combined entity. Indiabulls Group […]
Even After Four Years RERA Rules Still Have Shortcomings Which Need To Be Worked On
Four years after its enactment, the on-ground implementation of Real Estate (Regulation and Development) Act, 2016 (RERA) regulations remains patchy even as the law has helped thousands of homebuyers redress their grievances across the country, say experts. RERA authorities in different states have disposed of 48,556 cases since all provisions […]
Office Sector Is Believed To Lead Post-Covid-19 Revival In Real Estate Sector: Report
India’s real estate sector –both the residential as well as the commercial segment – has been impacted by the Covid-19 pandemic. The industry will need to reconsider pre-crisis priorities and accelerate new strategic initiatives to adapt to a “next normal”, according to a report by global realty firm JLL. “Real […]
Is Price adjustment In Real Estate A Possibility? Take A Sneak Peak At Delhi, NCR, Pune And Bengaluru Markets
New Buyers and Investors: The world is going through a big transition, the transition of sorts that will change the way humans interact with their surroundings and the different elements that are part of it. Real estate as an industry plays a vital role in building these surroundings and spaces for […]
7 Of These 8 Cities Will Keep Drawing Big Real Estate Investments
More than 80 percent of India’s real estate resides in the top 8 cities of India: Mumbai MMR, Delhi NCR, Bengaluru, Chennai, Hyderabad, Pune, Kolkata and Ahmedabad. Historically, these cities have driven commerce and growth in India through burgeoning sectors like IT/ITES, financial services and age-old presence of manufacturing, and […]