India
According to a United Nations’ report released on Friday, India’s capital city Delhi is the second most populous city in the world. The report- based on statistics as on July 1, 2014 – said that the total population of Delhi is approximately 25 million. As per the UN report, the most populous city in the [...] Continue Reading »
The recession of 2008 and 2009 was bad for the world economy and all the countries were more or less affected with the Europe and the US topping the list. However the global economy is slowly strengthening and the global GDP growth is estimated to rise to 3.5-4% in 2014. Post the financial crisis, the central [...] Continue Reading »
Special director of the Enforcement Directorate Balesh Kumar said, the real estate sector in India has the maximum scope for money laundering activities and there should be some sort of regulatory mechanism to keep a check on such activities, recently. Kumar said during a workshop on money laundering hosted by BRICS Chamber of Commerce & [...] Continue Reading »
With Chinese companies occupying the top three slots on the list. Mukesh Ambani-led Reliance Industries (RIL) leads the pack of 54 Indian companies in Forbes’ annual list of the world’s 2000 largest and most powerful public companies. The Forbes ‘Global 2000′ is a comprehensive list of the world’s largest, most powerful public companies, as measured [...] Continue Reading »
According to Minister for Urban Affairs Manjalamkuzhi Ali the state government is going to introduce a slew of measures to streamline the real estate sector. Some of the steps are setting up a Real Estate Authority, online registration facility for developers and amendments to the Coastal Regulation Zone Act. The minister was at Recon 2014, [...] Continue Reading »
Whilst the India’s first double-decker flyover— Santa Cruz-Chembur Link Road (SCLR) — has started providing much-needed east-west connectivity, experts suggest that around the stretch the real estate market is most likely to go up, which is being seen as a good sign. There has already been a jump of close to 25 per cent in [...] Continue Reading »
The hedge fund cum early stage tech investment firm, Tiger Global Management LLC, which has been one of the most aggressive backers of Indian tech firms with investments in firms such as Flipkart and Myntra, has now in its eighth global venture capital fund focused on later-stage raised $1.5 billion, privately held technology companies, according [...] Continue Reading »
Real estate consultant KJ Singh said, “The mess that the real estate sector is in today will become worse if FSI is increased as the builder lobby has been asking for a higher FSI.” On a certain plot FSI is the total covered area on all floors of all buildings divided by the area of [...] Continue Reading »
A new analysis of 12 global cities based on a range of indicators has ranked Mumbai with Moscow and Rio de Janeiro where residential real estate investment yields lowest returns and has named London and New York as the top international cities. ’12 Cities’, a report by Savills, a London-based realty major, categorize cities on [...] Continue Reading »
If BJP’s prime ministerial candidate Narendra Modi is voted to power, it’s not just China that’s optimistic of a bigger economic presence in India. After the elections get over in May, Taiwan, which is still considered by Beijing as part of China, is likewise anxious of the poll outcome and is also hoping of its [...] Continue Reading »
