Knight Frank India recently launched the 11th edition of its flagship half-yearly report – India Real Estate. The report presents a comprehensive analysis of the residential and office market performance across eight cities for the period January-June 2019 (H1 2019). The report findings establish that the number of residential launches in Mumbai increased by 22 per cent in H1 2019 to 43,822 from 35,874 in H1 2018. The housing units sold saw an increase of 4 per cent in H1 2019 to 33,731 from 32,412 in H1 2018
Residential unit launches in H1 2019 increased by 21 per cent YoY to 0.11 mn units while sales grew by a steady 4 per cent YoY to 0.13 mn units. The residential market witnessed growth in supply as well as sales for the third consecutive half year period, both hitting their highest level since demonetisation during H2 2016
Knight Frank India has launched the 10th edition of its flagship half-yearly report – India Real Estate. The report presents a comprehensive analysis of the residential (across eight cities) and office (across seven cities) market performance for the period July-December 2018 (H2 2018).
Shapoorji Pallonji and Abu Dhabi Investment Authority (ADIA) have reportedly joined hands to make an investment in office spaces in the country. Investment in Adani Realty’s 800,000 sq ft business park in Mumbai’s Bandra Kurla Complex is likely.
Knight Frank India has launched the sixth edition of its flagship half yearly report – India Real Estate. It presents a comprehensive analysis of the residential and commercial market of Mumbai Metropolitan Region (MMR) for the period July-December 2016 (H2 2016).
Hines India Real Estate, a US-based real estate development and management firm, plans to tap the Indian residential segment in the next one year. The firm is searching for joint venture partners to start its first residential development. This will come about five years after Hines entered India with a JV development commercial project with real estate major DLF in Gurgaon, followed by another project with Shyam Telecom.
Market regulator Securities and Exchange Board of India (SEBI) has seized the assets and properties of two Sahara companies, Sahara India Real Estate Corporation (SIRECL) and Sahara Housing Investment Corporation (SHICL). It has also frozen the bank accounts of these two companies, their promoters and directors.
Reports indicate that the recent order by the Securities and Exchange Board of India (Sebi) against the Sahara group of companies seeks to attach several real estate projects of the latter. The market regulator recently passed an order based on an affidavit filed on behalf of Sahara India Real Estate Cor
To invest in residential projects Madison India Real Estate Fund is planning to raise $100 million from overseas investors. The fund is expected to get closed in a couple of months. Madison India Real Estate Fund is a Mauritius-based investment company focused on making investments in the emerging real estate market in India.
Marvel Landmarks, a Pune based realty company has received Rs 55 crore inve-stment for an 8 per cent stake from Paracor Capital Advisors, the PE arm of Mauritius based Madison India Real Estate Fund. Marvel Landmarks is the FDI compliant company of local developer