Jon Gray: Blackstone’s real estate chief turns heir apparent

Jonathan Gray, Blackstone’s global head of real estate and heir apparent to chief executive Steve Schwarzman © Bloomberg Henny Sender in Hong Kon One evening a few years ago, Jon Gray, Blackstone’s real estate boss who this week was named president of the US private equity firm, was having dinner on the Upper East Side of New York with More...

by Loknath Das | Published 1 week ago
By Loknath Das On Saturday, February 17th, 2018
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Shardul Amarchand partner Avnish Sharma to give Khaitan Delhi more real estate powers

Good opportunities in real estate for KCo with SAM partner hire Shardul Amarchand Mangaldas (SAM) real estate partner Avnish Sharma is to join Khaitan & Co next month, boosting its real estate practice More...

By Loknath Das On Saturday, February 17th, 2018
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Quikr Unveils O2O Platform QuikrRealty To Disrupt Real Estate Brokerage Industry

As Louis Glickman says, the best investment on earth is ‘Earth.’ The real estate business in India is expected to touch $180 Bn by 2020. Of this, a major part is brokerage industry, which is increasing at More...

By Loknath Das On Monday, November 13th, 2017
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Real Estate, Hit By PM Modi’s Shock Therapy, In Deep Crisis

India’s property sector was already battling a slowdown last year, when Prime Minister Narendra Modi’s crackdown on cash quashed any hope of an imminent revival. Removing 86 percent of cash, at the More...

By Loknath Das On Tuesday, October 24th, 2017
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After dim Diwali, real estate firms stare at a dull year ahead

Diwali failed to brighten the real estate industry, which was anticipating sales to rocket in the festive week while the demand outlook continues to remain dim. “Sales did pick up during the festive period but More...

By Loknath Das On Tuesday, October 24th, 2017
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Real estate to continue to face headwinds in near term on subdued consumer sentiment, says ICRA

Mumbai:Even as the new sales bookings improved during the April-June 2017 as compared to Q4 FY2017, the realty sector continues to face demand headwinds on account of subdued macro-economic environment and consumer More...

By Loknath Das On Tuesday, October 24th, 2017
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Yash Gupta resigns from Hines, to set up own real estate venture

Bengaluru: Eleven years after setting up the India operations of Hines, an international real estate investment and management firm with $100 billion of assets under management (AUM), Yash Gupta has resigned from More...

By Loknath Das On Saturday, September 30th, 2017
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Real estate broker murdered in Kerala, police probe all angles

Even as Kerala Police has quickly arrested four people accused in the murder of a real estate broker at Chalakkudy near here, the probe team is treading carefully in the conspiracy angle behind the murder after More...

By Loknath Das On Saturday, September 30th, 2017
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A crisis is building up in India’s real estate sector

The Reserve Bank of India’s decision to push banks to clean their balance sheets by recognising non-performing assets, resolving bad debts of large defaulters and, failing that, taking them to bankruptcy court More...

By Loknath Das On Saturday, September 30th, 2017
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Real estate slowdown hits PMC, revenue from building permissions falls by 30 per cent

In the first six months of this financial year, the Pune Municipal Corporation (PMC) has collected less than 20 per cent of its targeted revenue from building permissions, indicating a major slump in the real estate More...