APN News

  • Friday, August, 2019| Today's Market | Current Time: 11:01:02
  • Bhumika Group launches its second commercial project in Rajasthan

    Real estate developer Bhumika group is developing a commercial project – Urban Square Galleria worth around Rs 60 crore at Alwar in Rajasthan. The project would spread across 1 lac sqft area and comprises retail shops, food court, restaurants, multiplex and entertainment zone. The group has already started the construction of the project. The location of the mall near […]

    Monetary Policy – Can A Repo Rate Cut Revive Real Estate Demand?

    Anuj Puri, Chairman – ANAROCK Property Consultants Overall consumption in India has taken a serious beating in the recent past, and the RBI needs to give a serious booster shot to hike up consumer sentiments. A massive rate cut of at least 50 bps in the upcoming monetary policy could be meaningful since a cut […]

    Real Estate Attracts $2.2 Bn Institutional Funding in H1 2019, 31% Yearly Fall

    Shobhit Agarwal, MD & CEO – ANAROCK Capital A majority government at the Centre is gradually reviving private equity’s confidence in Indian real estate – especially the commercial sector. ANAROCK research indicates that PE players infused USD 580 mn into Indian real estate in the month of June, immediately after Modi 2.0 took charge. That […]

    Bhumika Group partners with Inox Leisure Limited to sign up for Inox Chain of Multiplex at Urban Square Galleria, Alwar

    Bhumika Group has signed an agreement with Inox Leisure Limited (INOX), one of the largest multiplex chains in the country for its Mall – Urban Square Galleria, Alwar. State-of-the-art 4 Screen multiplexes spread across approx 23,362 Sq. Ft. area will have a capacity of 736 seats with all modern facilities to offer the best movie […]

    NHB’s Move on Subvention Schemes – Boon or Bane for NRI Homebuyers?

    Shajai Jacob, CEO – GCC (Middle East, ANAROCK Property Consultants In a recent move, the National Housing Board (NHB) has directed Housing Finance Companies (HFCs) in India to ‘desist from offering’ loans for financing subvention schemes offered by developers. Loan disbursements will now have to be strictly linked to construction progress. While this will doubtlessly […]

    CANstruction® Raises More Than 25,000 Pounds of Food

    St. Louis, Mo:  CANstruction®, a design/build charity competition, recently donated more than 25,000 pounds of non-perishable food to Operation Food Search (OFS) valued at over $42,000.  The collected cans represent enough for OFS to feed 6,305 people for one day.   Nine teams from St. Louis area architectural and engineering firms designed and built structures entirely […]

    Resurgence of the Indian Real Estate Sector; witnesses an investment of USD 2.7 billion in H12019 as per a report by FICCI and Vestian

    By Sachin Murdeshwar Mumbai: FICCI and Vestian launched a report titled Real Estate Investment in India: A Brief Analysis that portrays the investment scenario in the real estate industry. The report was launched at the FICCI Conference on Real Estate Financing in Mumbai today and talks about the evolution of the real estate sector and […]

    Berkshire Hathaway HomeServices Commonwealth Real Estate selects Ed Tranter as Sales Manager for new Belmont location

    NATICK and BELMONT, MA: Berkshire Hathaway HomeServices Commonwealth Real Estate (http://commonmoves.com) today announced the appointment of Ed Tranter of Sudbury, MA as Sales Manager for the growing firm’s Belmont location. Tranter will lead the newly acquired office, formerly known as Century 21 Lawndale Adams, and its staff of 30+ sales associates. For more than three […]

    Midas Hospitality to Co-Develop Its First Los Angeles Property

     St. Louis, Mo. : After successfully raising $35 million in only four months for its first opportunity zone project, Midas Hospitality is going westward to stake its next claim. Midas Hospitality, a leading hotel development, management and investment firm, recently announced its second opportunity zone fund that seeks to raise $12 million for a new […]

    1.74 Lakh Homes in 220 Projects Completely Stalled in Top 7 Cities

     Anuj Puri, Chairman – ANAROCK Property Consultants The Supreme Court’s landmark decree on Amrapali Developers has rekindled the hopes lakhs of homebuyers across cities who have waited futilely for delivery of their homes. While similar developments with regards to other stuck projects are awaited, SC has now set a precedent with a resounding message – […]