Banks go slow on commercial realty lending

Banks are wary of lending to real estate firms despite early signs of a pick up in demand in the sector, as commercial projects continue to face oversupply. Demand in commercial real estate has not picked up compared to the sharp uptick in demand for residential units over the past few months....
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Three Ahmedabad-based realty firms plan IPOs

The changing skyline of Gujarat cities is also changing the rules of the game for realtors. With the cities pushing their boundaries and big realty firms eyeing a pie in the development cake, local developers are turning to capital markets to raise resources to ride the next...
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Govt to Set up New norms for Realty Valuation

The urban development ministry, along with the Indian Bank Association (IBA), the National Housing Bank (NHB) and the corporate affairs ministry, has drafted a handbook on policy, standards and procedures for real estate valuation by banks and housing finance...
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Paras Buildtech unveils show apartments at Paras Tierea project

Real estate firm Paras Buildtech has unveiled three show-apartments of Paras Tierea amid a dazzling laser show followed by a magnificent evening of musical extravaganza of soulful ghazal performance by music maestro Talat...
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World Bank approves two projects worth $372 million to India

The World Bank has approved two projects worth $372 million, including the integrated coastal zone management project, to India. The World Bank said it has approved a $222 million International Development Assistance (IDA) credit for the integrated coastal....
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Lodha Developers in talks with PE firms to Sell Stakes in Mumbai project

Lodha Developers is in talks with several private equity funds to sell stake in a Mumbai project to build the world’s tallest residential tower, its managing director said on Tuesday. Last week, the developer said it would invest $426 million to build a 117-storey residential...
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