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...

RERA and GST will benefit real estate sector: PropTiger's Ankur Dhawan

New Delhi: Mr Ankur Dhawan, Chief Investment Officer, PropTiger.com, expects Real Estate (Regulation) Act (RERA) and Goods and Service Tax (GST) to benefit the real estate sector i...

Ceramic industry to double turnover to Rs 50,000 crore by 2020

New Delhi: The ceramic industry in India is expected to witness a 100 per cent rise in its turnover by 2020 to reach Rs 50,000 crore (US$ 7.79 billion), on the back of growing dome...

Realty sector attracts Rs 16K cr investment in H1 2017

New Delhi: The realty sector of India received investments of over Rs 16,000 crore (US$ 2.51 billion) as both debt and equity in the first half of 2017 and the 56 per cent of these...

Piramal Realty invests Rs 2,400 crore in first commercial project

New Delhi: Piramal Realty, the real estate arm of Piramal Enterprises Ltd, has decided to invest Rs 2,400 crore (US$ 376.71 million) in a 16-acre corporate park project in Kurla, M...

RBI focus on affordable housing to boost sentiment: Industry

Mumbai: RBI gives a boost to the affordable housing segment by cutting the policy rates by 0.25 per cent to a 6.5 year low, thereby providing a crucial impetus to the sector.

Realty firm BPTP raises Rs 190 crore from L&T arm for Faridabad projects

Bengaluru: Indian real estate developer, BPTP has raised funds around Rs 190 crore (US$ 29.5 million) from L&T Finance Holdings Ltd, which will be used to finance the construct...

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...