Allianz Group is collaborating with Shapoorji Pallonji to set up SPREF II – a $500 million real estate fund. The fund will be used to invest in commercial properties in India. This is the first investment by Allianz Group in India’s real estate, and is part of the group’s strategy to assign 5 per cent of its real estate portfolio to APAC region.

Finance Minister Arun Jaitley has reportedly discussed about getting the real estate sector under the ambit of GST in a lecture he delivered at the Harvard University. The discussions are known to be held on November 9 to keep in check tax-evasion.

Emerging Indian footprints in residential neighbourhoods abroad have been a matter of immense interest and curiosity. ‘Looking beyond Borders’, the latest report jointly brought out by Knight Frank India and the International Real Estate Expo (IREX) takes a closer look at the buying behaviour, investments returns, preferences and key drivers pushing resident Indians to acquire residential property on foreign soil.

JLL India has strategically advised and concluded a marquee transaction for CEAT – the flagship company of RPG Enterprise. The deal involved the purchase of a massive 163-acre land parcel in Chennai to set up a radial tyre manufacturing plant.

Thousands of aggrieved homebuyers moved to court recently, citing gaps in the Insolvency and Bankruptcy Code. With some top developers in the NCR filing for insolvency, about 90 per cent of investors are unaware of their rights and how they are impacted when their developer is declared insolvent, reveals a Magicbricks consumer choice poll.

Here's the buzz: SIERRA's eFACiLiTY Building, a software development centre in Coimbatore, has been rated as the world's second highest ranking green building by GBCI LEED NY v2009, with an awesome score of 103 out of 110!

Reports indicate that private-sector firms raised Rs 28,225 crore through initial public offerings (IPOs) in FY2016-17, said to be among the best in six years

Several breakthrough reforms with pertinence to the Indian real estate sector saw the light of the day over the last one year. Be it demonetisation – the government’s ‘surgical strike’ against black money, the revolutionary RERA or the unified tax regime of GST; all bore the power of rendering the Indian real estate sector more transparent and professional.

The senior housing sector in India is at a nascent stage with huge opportunities for the real estate developers, service providers, healthcare players and operators. Unlike western countries where the senior living sector has gained maturity, India has huge untapped potential in the sector.