Realty News
The MNCs are waiting with a bated breath to invest in India. There were a lot of oppositions against FDI in retail in the last few sessions of the parliament during the UPA regime; however the foreign investors are expecting the new government to take some favourable decisions for them. The Finance Ministry will take [...] Continue Reading »
Actis which is a PE (Private Equity) firm invests aggressively in emerging markets. It is one of the few funds which has invested a lot in India. However they have made a number of attractive exits in the last 10 years when the profit margins went low. Actis South Asia head JM Trivedi believes that India [...] Continue Reading »
The private equity (PE) firms are looking at exiting out of the real estate companies due to the slowdown in the economy and the slump in the Indian property market. When they exited their investments, many made a handsome profit too. According to a recent report by Brookfield Financial, until March 2014, nearly a fifth, [...] Continue Reading »
A delegation comprising six MPs from Japan’s political parties – Liberal Democratic Party, Democratic Party of Japan, People’s Life Party and Japan Restructure Party – met Urban Development Minister Venkaiah Naidu at New Delhi today. A desire to strengthen bilateral ties with India was expressed by delegation leader Ichiro Aiswa, who declared that PM Narendra [...] Continue Reading »
As building new housing societies is crucial for a city, redevelopment of old residential buildings is also extremely crucial. Every building has an inbuilt shelf-life, after which it becomes unsafe, unattractive to the market and difficult to maintain. Now the problem is that the stakeholders of these societies often lack the information they need to make an [...] Continue Reading »
The Maharashtra government is considering awarding higher Floor Space Index (FSI) for cluster development in Mumbai, and may announce a re-development policy soon. This might boost re-development of derelict buildings in the city. The index is the ratio of a building’s total floor area to the size of the piece of land upon which it [...] Continue Reading »
Recovering from decades of being at the mercy of real estate developers, home buyers are now employing collective efforts in a bid to avoid getting duped. The recent Supertech and DLF cases, are just two such examples. Prior to this, real estate majors faced little resistance with respect to project activities. Home buyers are now [...] Continue Reading »
After the bifurcation of the state and formation of Telangana, the Andhra Pradesh Chief Minister N Chandrababu Naidu has decided to give a boost to the state after division as now the revenues are divided between Telangana and Andhra Pradesh. Hence the C.M has sent letters to the chief executives of IT, BPO and electronics majors [...] Continue Reading »
The Confederation of Indian Industry (CII) and JLL India have recently released a five-year price analysis of residential real estate market across 11 cities. The CII and JLL India report, released on Friday, showed that the residential markets which have witnessed the highest percentage of home price increase in India – during the years from [...] Continue Reading »
In New Delhi, the officials from the Indian Embassy spoke with their Japanese counterparts regarding investments to develop 100 smart cities and high-speed bullet trains to improve infrastructure. Amitabh Kant, Secretary in the Department of Industrial Policy and Promotion mentioned that Japan is their chosen partner because this quality driven nation is the best in developing [...] Continue Reading »
