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For realty companies, there's shrinking room for complacency
Stock returns in real estate companies would be dictated by company-specific factors such as launch pipelines, geographical presence, and the pace of project execution
Prestige Group to launch 2 housing projects in Delhi-NCR this fiscal with potential revenue of Rs 7000 crore
Prestige Estates is significantly expanding its presence in Delhi-NCR, planning two new housing projects this fiscal year with an estimated revenue of Rs 6,800 crore. This follows a successful launch last year, which garnered substantial pre-sales. The company is bullish on the market, aiming for Rs 35,000-36,000 crore in sales bookings overall this fiscal, driven by strong customer demand for long-term real estate investments.
Tech Mahindra leases 4 lakh sq ft office space in Hyderabad
In a major real estate development, Tech Mahindra has secured 4 lakh sq ft of office space in Hyderabad with a 10-year lease, reinforcing the city's position as a tech hub. This decision reflects the vibrant demand for premium office spaces among technology firms. The company's investment highlights Hyderabad's attractiveness as a primary location for large corporations looking for seamless expansion and reliable long-term occupancy.
Affordable housing, rental expansion and RERA Reforms set to define next growth phase in India's urban region: Report
India's housing sector is set for a major overhaul, driven by urbanization and policy shifts. A KPMG report highlights the urgent need for affordable housing, especially for lower-income groups, by addressing land costs and approval delays. The rise of rental housing as a formal asset class is also emphasized, alongside crucial reforms to boost trust and efficiency in the real estate regulatory framework, ensuring project completion and buyer protection.
Institutional ownership narrows office supply as outright demand holds up
India’s office real estate market is shifting towards a leasing-led model, with developers, REITs and institutional investors increasingly retaining assets instead of selling them, reducing the availability of premium office spaces for outright purchase.
GenAI can add $14-17 billion to India's real estate economy: Report
Consultancy firm EY-Parthenon and realtors' apex body CREDAI, in its report 'GenAI in Indian real estate - Scaling the next frontier of innovation' released on Thursday, stated that the adoption of GenAI could increase sales velocity by 30-50 per cent and reduce project costs.
GenAI could deliver up to 50% higher sales velocity and faster launches for India’s real estate sector
Generative AI promises to revolutionize Indian real estate, boosting sales velocity by up to 50% and slashing project launch times by 30%. Experts predict significant cost reductions and a 2-3X increase in enterprise value. Early adopters can expect improved productivity and lower customer acquisition costs, making AI adoption a strategic imperative for future growth.
Realtors eye margin relief as US-Iran peace deal raises hopes of lower fuel costs
A potential peace deal between the US and Iran offers hope for India's real estate and construction sectors. Developers are watching oil prices closely. A ceasefire could lower crude oil costs, easing supply chain worries. This may gradually reduce construction expenses and improve project margins. Stability in the Gulf region could also boost housing demand from non-resident Indians.
3 UAE Real Estate Stocks to Buy After Iran Shock Turning Point: Jefferies - Investing.com India
3 UAE Real Estate Stocks to Buy After Iran Shock Turning Point: JefferiesInvesting.com India
Mumbai Real Estate Costs To Rise? BMC Water Supply Halt To Construction Sites Raises Fresh Concerns
The latest disruption comes at a time when the real estate sector has already been grappling with several execution-related challenges.
Oberoi Realty to Lodha, Godrej Properties: Real estate stocks decline up to 4% after BMC's construction water ban
BMC's water restrictions have led to selling pressure on real estate stocks, including Macrotech and Oberoi Realty. The measures aim to conserve water amid low reservoir levels, causing concerns about delays and disruptions in construction projects across Mumbai.
Deven Choksey prefers mid-tier IT, Mumbai luxury real estate
Deven Choksey, MD, DRChoksey Finserv, prefers mid-tier IT companies for their potential to deliver 15-20% growth over the next three years, outperforming larger peers. In real estate, he favours select luxury and ultra-luxury developers, especially Mumbai-focused players with stronger realisations and higher revenue per square foot. While he remains positive on the long-term prospects of EMS companies due to strong order inflows and expansion plans, he advises caution because of elevated valuations and recommends investing only in select companies with reasonable earnings multiples. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.