Weekly News Roundup (23 June 2016) – Real Estate News Under 100 Words


Why the real estate industry is going the digital way
Digital has created more avenues for brands to engage meaningfully with their consumer. Fuelled by the increase of portable devices and internet penetration into the Indian heartland, digital is the best and more ROI centric medium for all brands, categories and sectors. Real Estate is no exception. Read more

Tata Housing sells over 200 flats in Gurgaon for Rs 300 crore
Tata Housing, the real estate arm of Tata group, said in a statement that it has sold over 200 units at its project ‘La Vida’ on Dwarka Expressway in ten days. The starting price of these units are Rs 1.08 crore. Read more

Real estate projects in Gurgaon under scanner
After listening to the complaints of home buyers at district grievance committee meeting in Gurgaon, CM directed deputy commissioner of Gurgaon to collect details of all the undergoing projects of different developers. Read more

Commercial office market a bright spot for real estate sector
Unlike the fragmented market for residential properties, a few leading developers, backed by large investors, are building Grade A (top quality) office space in key cities. Read more

Real estate stocks jump up to 4% on relaxation in REIT rules
The Sebi board has approved changes to portfolio manager regulations to allow foreign fund managers to relocate to India as an eligible fund manager. REITs are property trusts that pool investor money to invest in office buildings, shopping malls and rental housing. Read more

NAREDCO organises Training for real estate professionals
National Real Estate Development Council (NAREDCO), Mysuru chapter, has organised soft skill training programme for builders and developers at Hotel Pai Vistha on June 21. Read more

Worli in South Mumbai new housing destination for super-rich: JLL India
According to the report by property consultant JLL India, Worli has seen big-ticket transactions ranging between Rs 20 crore and Rs 65 crore during last 2-3 years. Read more

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