These are investors who are taking an opportunistic view of the situation where prices have corrected considerably in many locations ," says Sanjay Dutt, CEO business at Jones Lang LaSalle Meghraj (JLLM). He estimates that a good 40% of the stock sold in the last few months would have gone to investors.... More

A sovereign fund of the Sultanate of Oman is investing roughly Rs 620 crore, or $125 million, in Mangalore-based realty developer Mohtisham's 300-acre integrated township, sources privy to the development said. The deal is probably the largest fund action in Indian tier-II real estate. Oman... More

Mothercare, a UK retailer for kids and expectant mothers, is forming a 51:49 joint venture with India's largest real estate company DLF, said two people close to the development. While the company would continue its existing franchisee agreement with department store chain Shoppers Stop, it hopes... More

Close on the heels of launching Indiabulls Sky, its high-end residences project in South Mumbai, Indiabulls Real Estate Ltd has now announced the launch of a mini-township, Indiabulls Greens, just 5 kilometers from Panvel station. Spread across a serene 25 acres in close proximity to the Mumbai-Pune... More

TATA Housing, a subsidiary of Tata Sons that shot into limelight four months ago by launching homes for as low as Rs 4 lakh near Mumbai, is in preliminary talks with at least two private equity funds Sequoia Capital and Atlanta Equity to raise funds for its multiple affordable housing projects,... More

The demand fundamentals of India are now focused around cities that have sufficient economic activity, be it industrial, service sector-driven or incentive-driven programs by the State Government. In Gujarat, which has seen considerable industrial progress, cities of Ahmedabad, Surat and Vadodara come... More

For once, developers in the state are pressing for an industry status for realty sector. Issues like financial support from banks, transparency in functioning of revenue department and reforms in archaic concepts of development control regulations are now teething problems for the sector. Realtor and... More

Following a slew of new launches in the affordable housing segment in the past few months, real estate developers in the country are once again showing interest in land acquisition. They are now also expecting "some price escalations" for residential properties, with easier liquidity and overall... More

While everybody is speaking about how good an opportunity it is to put in your money in real estate now, investors who intending to sell could do well waiting for about six more months to get some added advantage, say experts. "It depends on at what level they had entered. In another three to six months... More

Hotel-cum-tourism PSU, Indian Tourism Development Corporation (ITDC) plans to make private hotel companies and real estate players its franchisee partners. It launched the Ashok Alliance Scheme on Thursday, under which member hotels will be able to use the Ashok brand and benefit from the operational... More