30.76 Lakh Houses Sanctioned So Far Under PMAY (U)

New Delhi: A total of 3.076 million houses have been sanctioned under the Pradhan Mantri Awas Yojana (PMAY) (U) since its launch, according to Mr Hardeep Singh Puri, Minister of St...

CPPIB is top real estate investor in India in the first half of 2017

Bengaluru: Canada Pension Plan Investment Board (CPPIB) became India's top real estate investor between January-June 2017, as overall investments in the sector touched US$ 1,59...

Capital value of residential properties to rise post RERA: JLL-CII report

Mumbai: The overall capital values of residential properties in India are expected to increase as the implementation of the new Real Estate Regulatory Act (RERA) has led to a reduc...

Delhi-based NBFC DMI Finance plans to raise Rs 1,000 crore fund

Mumbai: DMI Finance Pvt Ltd, a Delhi-based non-banking financial company (NBFC), is planning to raise a fund of up to Rs 1,000 crore (US$ 155.11 million), which will be focused on ...

Supertech to invest Rs 750 crore to develop retail space in Delhi-NCR

Mumbai: Supertech Ltd plans to invest Rs 750 crore (US$ 116.51 million) to develop 2.5 million sq ft retail and commercial space in Delhi-National Capital Region (NCR), which will ...

RERA to boost GDP growth: PHD Chamber

New Delhi: The Real Estate (Regulation and Development) Act, which promises to protect the right of consumers and increase transparency, is expected to boost India's GDP on pos...

Hyderabad tops realty investment destination list in APAC

New Delhi: Hyderabad has emerged as the top investment destination in the realty sector in the Asia Pacific region, supported by the city's growth prospects in commercial offic...

IT-ITeS sector leased 10% more office space in 2016, says JLL

Mumbai: Office space absorption in India's information technology (IT) and IT-enabled services (ITeS) industry grew 10 per cent year-on-year to reach 16.81 million square feet ...