Realty News
Affordable Housing being the mantra of the new NDA government to make the dreams of owning a house realize for every Indian citizen, the year has witnessed the move of several leading developers to the affordable housing segment. One such notable move was made recently by Mahindra Lifespaces Developers, the real estate arm of Mahindra [...] Continue Reading »
The financial year 2014-15 is the year noted for several remarkable private equity exits via IPO routes. With Monte Carlo Fashions, a renowned private equity-backed company received regulatory clearances for IPO, 6 similar moves expected to happen very close this year, to make the current fiscal ranking highest among the past 3 years for the [...] Continue Reading »
The new NDA governments promise of rural infrastructure and affordable housing seems to move on a positive trend after the Union Budget 2014-15. The latest move in this regard is the sanctioning of Rs 1,023.73 crore for Orissa, by the National Bank for Agriculture and Rural Development (Nabard). Nabard has made this from its rural [...] Continue Reading »
FDI is changing the face of Indian real estate. And the latest add on to this segment is the investment of StayWell Hospitality Group of Australia who will be investing around USD 20 million in India. This step taking by the group is with a keen eye to spread their wings in India 18 hotels [...] Continue Reading »
Diwali, the festival of lights is a much awaited time of the year for all businesses; be it the jewellery, retail, automobiles, real estate. Though Diwali 2014 was a shining one for most segments, the Indian real estate however says it was a lackluster Diwali for them. The Indian real estate which is struggling hard [...] Continue Reading »
The main problem facing by the PWD department in Delhi is the shortage of spaces for further construction and for those that are already under progress within the congested cityscape. The secretary of urban development, Delh has asked the Department to consider the proposal of developing a 50km elevated road in the city. This is [...] Continue Reading »
The new tax rules seems unattractive to initiate selling of securities within 3 years. The announcement of rules regarding setting up of Real Estate Investment Trusts (REITs) is likely to spur $20 billion property development in India. Market sentiments report that unless the country’s tax code is revised, REITs may find it difficult to take [...] Continue Reading »
The private equity (PE) investments in Indian companies have doubled during January-September 2014. The PE investments in India have shown a 109.1% year-on-year (y-o-y) growth during the period between January and September 2014, touching $4.58 billion. Among the companies that followed the PE trend, the online firms have been on the top, accounting for more [...] Continue Reading »
The Indian real estate has been setting new hopes with the new NDA government budget happened in August 2014. Since the Modi government has been giving a focus on infrastructure development and affordable housing, many real estate experts predicted that these are the sunshine days of the Indian real estate sector. The clarity regarding the [...] Continue Reading »
Moving to a new town and worried about finding a good accommodation? Worry not; this new networking app “Flatchat” will help you finding flat mates in your preferred location. Reports say that the youth tops the immigrant population in India. Many Indian youths are migrating to cities for higher education and employment reasons. A research [...] Continue Reading »
