Realty News
HDFC Property Fund is the real estate private equity arm of HDFC Group. The private equity arm has announced the raising of $250 million or over Rs 1,500 crore for investment purposes in residential housing projects all along the country. This will act as a plus sign to the real estate sector. The government is [...] Continue Reading »
Post many cautious years of M&A and investment activity, India stands at a very important juncture and expects a turnaround in the corporate M&A deals, as the interest in strategic alliances and risk appetites keeps on growing as stated in a report. Again cash companies have started to focus on the investments along with a [...] Continue Reading »
The Finance Minister dismissed the criticism of the Government acting like ‘pro-business’. He further stated that they have more activities in the private sector but that will in turn help in creating more employment and in turn help in generating more revenues. This acts as a silver lining because it could help in removing the [...] Continue Reading »
We are all aware of Samsung producing funky smart phones, dependable AC’s, washing machines and other household products. However we are not aware of the fact that Samsung makes lavish buildings. Recently none other than RIL have commissioned Samsung C&T, the Korean giant’s engineering and construction department to build a super lavish project for mixed [...] Continue Reading »
The Deputy Chief Minister of Andhra Pradesh K E Krishnamurthy stated that the Government will formulate a new land acquisition act. He mentioned that the purpose of the proposed act is to facilitate land acquisition for the new capital after the bifurcation of Andhra Pradesh and Telangana. There are new institutes/offices which will be set [...] Continue Reading »
REIT has not yet been a reality. The finance minister however has made a progressive announcement about the REITs or the Real Estate Investment Trust during his budget speech. He said that he believes in the work that still requires to be completed on the fine print and the state level issues that need to [...] Continue Reading »
In the middle of rise in property prices, high rates in house loans and the upsurge in delivery defaults the home buyers have increasingly started to opt for ready to move properties just to be sure about the safety in their investments. However most of the delays arise due to the adverse market conditions which [...] Continue Reading »
There are new terms coined in the financial world like Abenomics and Modinomics. ‘Abenomics’ is widely used for economic policies and reform measures initiated by Japanese Prime Minister Shinzo Abe, while ‘Modinomics’ refers to that of Indian Prime Minister Narendra Modi. Modi had recently said that partnership with Japan was of high priority for his [...] Continue Reading »
The matter of registration of immovable property purchased by foreign nationals seems to be under the radar of the finance ministry now. The Finance Ministry has advised the State Government authorities to be ‘extra vigilant’ on this matter. The State Government authorities need to satisfy themselves about the eligibility of foreign nationals under the Foreign [...] Continue Reading »
Post the budget session, one can witness a lot of action in the real estate sector. HDFC Property Fund ‘s (the real estate investment arm of the HDFC Group) decision to invest Rs 700 crore in four residential projects coming up in NCR, Pune and Bangalore is also in sync with that action. A total [...] Continue Reading »
