high net worth individuals
With the stock markets improving after the elections and post Narendra Modi entry in government, there is huge difference seen in markets. Equity and debt markets have been rising well giving good profits to investors in stock markets where as due to high prices of real estate there has been a preety observant slow down [...] Continue Reading »
Around a dozen high-net-worth individuals, including the CEOs and top lawyers, are planning to send a legal notice to developers Century Real Estate Holdings and Goldman Sachs for delaying their homes in an upcoming Four Seasons hotel-cum apartment block in Bangalore where apartments are priced at Rs 4-15 crore. The buyers in this apartment include [...] Continue Reading »
The Knight Frank Wealth Report that released on Monday stated that the number of high net worth individuals (HNWIs) in India is being expected to become more than double over the upcoming decade rising by 126 percent. The report also stated that increasingly all these HNWIs would like to look for investing in homes abroad. [...] Continue Reading »
The ultra luxury housing market has refused the broader slowdown in the economy with the prices all across the prime areas in Delhi, Mumbai, Kolkata, Chennai and Bangalore which have been rising over in the last three years. The data of the resale and secondary market prices along the 21 key areas in five major [...] Continue Reading »
The improvement in the business sentiment private equity (PE) funds are hopefully going to get more investments from the domestic ultra high net worth individuals (UHNIs) who have increasingly been shifting their allocation to the riskier asset classes. Most of all these investments will be in the PEs that has been focusing on sectors like [...] Continue Reading »
There is a lot of confusion regarding the tax payments for real estate and infrastructure. Income-Tax Department is busy sending scrutiny notices on capital gains and interest earnings on the investments in various funds by high net worth individuals (HNI). However the HNIs are claiming that they are being told to cough up tax they insist [...] Continue Reading »
The new trend of green homes which use solar energy and do rainwater harvesting has gained a momentum in the last few years. There are Indian High Net worth Individuals (HNI) who are socially conscious and are opting for these uber cool, expensive (9 % higher than the normal homes) and chic residences to reduce [...] Continue Reading »
In drop-down of wealth, India has one of the worst records. As per the records of last year for every one billionaire in India, there were just 26 ultra high net-worth individuals (UHNIs) whose net assets are over $30 million without their primary residence. For every billionaire in Japan there were 609 UHNIs. In Brazil [...] Continue Reading »
According to CBRE’s bi-annual India Residential Market View report for H2 2013, a slow economic growth, coupled with high property prices and steep interest rates, resulted in feeble demand for housing during the second half of 2013 Mumbai’s housing market remained largely stable, with a slight positive reception in selected premium micro-markets. In comparison to [...] Continue Reading »
Indian real estate is going through a slowdown amid stagnating sales and facing funding issues with foreign investors. Private equity firms focussing on real estate are facing difficulty to raise funds through foreign high net-worth individuals (HNIs) and institutions. According to experts, both international and national PE firms are not able to close funds if [...] Continue Reading »
