Delhi tops India list for property fraud cases. Here’s how people are being duped

Written by Jayanta Monday, 07 July 2014

( 1 Vote )Delhi tops the list in terms of cases related to property fraud and misappropriation among all states and union territories in the country, according to the National Crime Records Bureau (NCRB). The total number of cases reported in sections of property lost under criminal breach of trust and cheating during 2013 was 181, the highest in the...

Commercial realty gets a boost as companies gear up to cash in on “Acche Din”

Written by Jayanta Monday, 30 June 2014

( 1 Vote )Companies across industries such as IT, consultancy and e-commerce have begun leasing and buying office space in expectations of an economic boom under a stable central government — a development that will rejuvenate the job market. Top property consultancies in the country such as Cushman & Wakefield, CBRE, JLL, Knight Frank and DTZ say they...

Blackstone, others gear up to list REITs as India finalises rules

Written by Jayanta Monday, 30 June 2014

( 0 Votes )NEW DELHI – Blackstone Group(BX.N: Quote, Profile, Research) and its partner, Embassy Group, are laying the groundwork to cash in on their property holdings by setting up India’s first real estate investment trust (REIT) and listing it on one of the country’s stock exchanges. The move comes as Prime Minister Narendra Modi’s...

Internet influencing real estate decisions worth $43billion in India: Google

Written by Jayanta Wednesday, 18 June 2014

( 0 Votes )NEW DELHI: As more Indians log online to seek information before entering into property deals, Internet today is estimated to be influencing decisions worth about USD 43 billion, search engine giant Google said. According to a study commissioned by the US-based firm, over 50 per cent of real estate buyers’ decisions are influenced by...