Friday 15th November 2019,
Radio Metta

Real Estate

Zephyr Real Estate Agents Organize Picnic in the Park for Greenbrae

Zephyr Real Estate Agents Organize Picnic in the Park for Greenbrae

SAN FRANCISCO (GLOBE NEWSWIRE) — Zephyr Real Estate’s civic-minded agents once again step up to give back to their community. Last Saturday. Andrew Roth, Greg Ulin and Holly Welch helped organize the annual Greenbrae Picnic in the Park. The lead sponsors of the event were the Greenbrae Property Owners Association and Zephyr Real Estate. Open to [...]

September 22, 2019 Loknath Das Real Estate Comments Off on Zephyr Real Estate Agents Organize Picnic in the Park for Greenbrae

Realtors’ rising cash-crunch poses more risks to banks

Realtors’ rising cash-crunch poses more risks to banks

Default by real estate-focused non-banking financier Altico Capital indicates the rising cash crunch with the developers, which is credit negative for banks given their exposure to the realty sector, warns a report. Poor liquidity had last week forced Altico Capital to default on an under-Rs 20-crore scheduled interest payment on an ECB loan from Masherq Bank of the UAE. [...]

September 20, 2019 Loknath Das Real Estate Comments Off on Realtors’ rising cash-crunch poses more risks to banks

Real Estate: Housing fund to provide equity, debt support to stuck projects

Real Estate: Housing fund to provide equity, debt support to stuck projects

The fund will be professionally managed by experts who will examine the projects that can get funding. The government will set up the Rs 20,000 crore fund to provide last mile funding to the stuck housing projects on the lines of the National Investment and Infrastructure Fund (NIIF). The fund will be professionally managed by [...]

September 17, 2019 Loknath Das Real Estate Comments Off on Real Estate: Housing fund to provide equity, debt support to stuck projects

Embassy Office Parks REIT shines amidst real estate troubles

Embassy Office Parks REIT shines amidst real estate troubles

BL Research Bureau At a time when the real estate sector is in doldrums with the S&P BSE Realty index declining 4 per cent in the last year and 2 per cent in the last six months, Embassy Office Parks REIT (real estate investment trust) has given nearly 24 per cent return since its listing in April [...]

September 6, 2019 Loknath Das Real Estate Comments Off on Embassy Office Parks REIT shines amidst real estate troubles

Motilal Oswal Real Estate rakes in over Rs 525 crore via seven exits

Motilal Oswal Real Estate rakes in over Rs 525 crore via seven exits

Motilal Oswal Real Estate, the real estate private equity arm of Motilal Oswal Group, has made over Rs 525 crore of exits across seven investments through its India Realty Excellence Fund II and India Realty Excellence Fund III. These exits have been made in projects of developers such as Casagrand Builders in Chennai, ATS Group in NCR, ShriramProperties [...]

August 28, 2019 Loknath Das Real Estate Comments Off on Motilal Oswal Real Estate rakes in over Rs 525 crore via seven exits

Landis, A Stanford Real Estate Startup, Raises $15M To Put Americans On The Path To Homeownership

Landis, A Stanford Real Estate Startup, Raises $15M To Put Americans On The Path To Homeownership

Homeownership is considered a core part of achieving the American Dream. However, that achievement is slipping out of reach of many Americans these days. U.S. homeownership has been at record lows throughout this decade. More Americans are renting as a response while managing with stagnant wage growth. The path to homeownership in today’s America has [...]

August 25, 2019 Loknath Das Real Estate Comments Off on Landis, A Stanford Real Estate Startup, Raises $15M To Put Americans On The Path To Homeownership

Will scrapping on Article 370 open up real estate sector in J&K, Ladakh?

Will scrapping on Article 370 open up real estate sector in J&K, Ladakh?

Home Minister Amit Shah on August 5 proposed the scrapping of Article 370 that accords special status to Jammu and Kashmir. The Centre informed Parliament that the state of Jammu and Kashmir (J&K) would be bifurcated into two Union Territories (UTs) – Jammu and Kashmir would become a Union Territory (UT) with a legislature while [...]

August 6, 2019 Loknath Das Real Estate Comments Off on Will scrapping on Article 370 open up real estate sector in J&K, Ladakh?

Arizona Retirement System plans $2.7bn real estate investments by 2023

Arizona Retirement System plans $2.7bn real estate investments by 2023

Arizona State Retirement System intends to invest $2.7bn (€2.4bn) in real estate over next the four years to enable it to reach its 20% allocation target. In a board meeting document, the $38bn US pension fund’s consultant RCLCO Real Estate Advisors said part of the plan would involve the selling of some existing non-strategic real [...]

July 27, 2019 Loknath Das Real Estate Comments Off on Arizona Retirement System plans $2.7bn real estate investments by 2023

Dubai’s real estate slump catches up with the city’s finance hub

Dubai’s real estate slump catches up with the city’s finance hub

Walk into the latest expansion of Dubai’s financial district and you’ll see a handful of small art galleries, some upscale men’s tailors and plenty of retail space waiting for takers. The DubaiInternational Financial Centre isn’t being spared a slump in the emirate’s retail and property market as it struggles to attract tenants to its 1 billion [...]

July 23, 2019 Loknath Das Real Estate Comments Off on Dubai’s real estate slump catches up with the city’s finance hub

Jeffrey Epstein’s $56 million mansion could become a real-estate nightmare

Jeffrey Epstein’s $56 million mansion could become a real-estate nightmare

Jeffrey Epstein lived in what’s reportedly one of the largest private homes in Manhattan, where he allegedly sexually abused underaged girls, an allegation so horrific, real-estate experts say people will go out of their way to avoid walking down the block. Epstein has pleaded not guilty to the charges. Epstein’s seven-story, 21,000-square-foot Upper East Side home near [...]

July 13, 2019 Loknath Das Real Estate Comments Off on Jeffrey Epstein’s $56 million mansion could become a real-estate nightmare

Over 50 per cent builders exit top real estate markets due to entry of large players in nine Indian cities

Over 50 per cent builders exit top real estate markets due to entry of large players in nine Indian cities

A long-drawn sales slowdown coupled with the entry of large players has forced over 50 per cent of developers to exit the realty market in top nine Indian cities, with the number of operating developers going down from 3,538 in 2011-12 to just 1,745 in 2017-18. Experts hint that there could be more churn in [...]

July 9, 2019 Loknath Das Real Estate Comments Off on Over 50 per cent builders exit top real estate markets due to entry of large players in nine Indian cities

Budget 2019: Real estate looks for infrastructure status, push to rental housing in the upcoming Budget

Budget 2019: Real estate looks for infrastructure status, push to rental housing in the upcoming Budget

Budget 2019-20: Expectation from the government in Budget 2019-20 is to frame a National Rental Housing Policy in order to meet the target of Housing for all by 2022. Union Budget 2019 India: Despite the Narendra Modi government’s constant focus on improving housing, real estate is perhaps the only sector of the economy that has witnessed a [...]

July 3, 2019 Loknath Das Real Estate Comments Off on Budget 2019: Real estate looks for infrastructure status, push to rental housing in the upcoming Budget