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general elections

In Q3 FY’15: ICRA, Construction sector sentiment may improve

In Q3 FY’15: ICRA, Construction sector sentiment may improve
According to a report, in the third quarter of the current fiscal, Investment cycle in the construction sector is likely to improve if a stable government comes to power at the Centre after the general elections. Credit rating agency ICRABSE mentioned in its report that until September, though there were expectations of facing execution challenges [...] Continue Reading »

Requirement for houses decreased in third quarter

Requirement for houses decreased in third quarter
A report by Knight Frank says that due to the economic slowdown, the interest rates are increased, because of which the demand of residential property decreased. In the 3rd quarter of 2013-14 the sales of residential property decreased by 43 per cent to 11.8 million sq ft from 21.9 million sq. ft. The annual increase [...] Continue Reading »

Mall space in Chennai to see momentum after LS elections

Mall space in Chennai to see momentum after LS elections
According to Cushman & Wakefield commercial real estate services firm, it is expected that after the Parliament elections the mall space in Chennai will see an improvement in momentum as there might be some policy changes on the anvil for the retailers. It added that due to external factors like current economic climate and impending [...] Continue Reading »

Circle rates reduction postponed

Circle rates reduction postponed
UP stamp and registration department has deferred the proposal about a reduction in circle rates. Officials cited that with general elections round the corner, the code of conduct could be implemented anytime and thus, the proposal cannot be implemented soon. Also, the newly-appointed district magistrate needs to study the proposal in detail before allowing the [...] Continue Reading »

UK hedge fund Capri Capital plans to launch realty PE fund in India

UK hedge fund Capri Capital plans to launch realty PE fund in India
US-based hedge Capri Capital Partners plans to raise about $400 million to launch its first India-dedicated real estate private equity fund. Capri Capital has $3.7 billion assets under management and advises pension funds and institutional investors globally. The firm is looking to raise the fund through its India arm, Capri Global Capital, after the upcoming general [...] Continue Reading »



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