Real estate has taken off since last year and is now the top investment option, according to the latest survey from Anarock. It’s a big change from the past years when gold was the go-to metal. The house The good news is that house loan rates have been stable for a while now, which has helped boost buyer confidence. The good news is that the property market is expected to go up by a lot by 2040, which means there are lots of opportunities for people who want to get into the real estate business. This is due to stable house loans, more people wanting to invest in FDs, and more people wanting to get into the home market. The … Read more

Signature Global got a huge sum of money from anchor investors – almost 730 crore! The IPO committee finalized the allotment of 82.72 million shares to 19 investors on Monday (18 September 2023) at an all-in price of 385 rupees per share. The funds were allocated to 3 domestic mutual funds through 5 different schemes, with the total amount allocated to these funds being 94.9 crores. The domestic anchor investors were Goldman Sachs (2), Eastspring Investments (1), Morgan Stanley (2), Nomura Trust (3), Lion Global Investment Fund (4), BNP PARIBAS Arbitrage (ODI) (5), and COPTHALL Mauritius Investments (6).… Read more

India’s premier Neo-Realty investment platform, WiseX, in partnership with Integrow Asset Management, has launched India’s first sector-specific Real Estate portfolio management service (PMS). Integrow Asset Management will manage the portfolio powered by WiseX’s proprietary technology. WiseX’s CREAM fund aims to provide investors with alpha and risk-adjusted returns by investing in real estate in a Multi-cap portfolio focused on the real estate sector. … Read more

According to a study conducted by the SBNRI, about 52 percent of Non-Resident Indians are considering investing in CRE as a way to diversify their portfolios in the real estate segment, with CRE being one of the top asset classes preferred by NRIs over other asset classes such as residential. According to the SBNRI, the Indian real estate market has started to recover after a long period of stagnation due to the pandemic. The study highlighted that the lucrative investment opportunity has become less complicated for foreign investors, and NRIs are now looking to own a piece of land in their country. Traditionally, the residential sector has been the only real estate option preferred for investment, but with fractional ownership … Read more

A recent study by PropEquity has found that India witnessed a 6% surge in commercial real estate supply in 2023. This is a positive sign for the Indian economy, as it indicates that businesses are expanding and investing in new office spaces.… Read more

Property registrations in Pune district soared to 13,021 units in August 2023, up 99% year-on-year, according to a report by Knight Frank India. This is the highest number of property registrations in Pune district in a single month in the past 17 months.… Read more

Ajmera Realty, a Mumbai-based real estate developer, has announced plans to redevelop four residential societies in Borivali West. The project is estimated to cost Rs 330 crore and will generate 1.07 lakh square feet of carpet area.… Read more

The Real Estate (Regulation and Development) Act, 2016 (RERA) has been instrumental in ensuring the timely completion of housing projects in India. According to a recent report by Anarock, 86% of housing projects launched between July 2017 and December 2018 in the top seven cities of India have been completed. This is a significant achievement, considering the fact that the Indian real estate sector has been plagued by delays and unfinished projects for many years.… Read more

The Maharashtra government is planning to introduce a new housing policy by November 2023. The policy is expected to focus on providing affordable and sustainable housing to the people of the state.… Read more