Investment
In the next three years only a half of the ongoing airport projects in the country would be completed while the rest would be delayed owing to the tough land acquisition norms, regulatory hurdles and absence of a national-level policy, a ratings agency said in a report. Care Research said, “Presently, about 64 airport projects [...] Continue Reading »
Recently, an online company called “Lamudi” was launched by ROCKET Internet dedicated solely to real estate in the Philippines. Lamudi Philippines founder and Managing Director Jacqueline van den Ende said in a news conference in Taguig City that “The Philippines is a super interesting country for us.” As investors have dropped the Brazil, Russia, India [...] Continue Reading »
Union Minister of Civil Aviation Ajit Singh announced in Hyderabad that airports in India are expected to attract investments worth $12.1 billion during the 12th Plan period, including $9.3 billion from the private sector. India is expected to reach third position with a fleet size of 1,000 by 2020 and holds 9th position in civil [...] Continue Reading »
Goa government is making an effort to unlock the land under Special Economic Zone to boost industrial development in the state. Governor B V Wanchoo informed that making adequate land available for industrial development is a huge challenge before the government. He was addressing the state Legislative Assembly session. He said the government is making [...] Continue Reading »
Recently Chief minister Siddaramaiah presented the budget and announced that projects worth Rs 9,477 crore, to be implemented through the BBMP and the BDA, up from Rs 5,540 crore last year. The roads in Bangalore have been in miserable condition, adding to traffic woes in the city. City roads have been allocated Rs. 500 crore, [...] Continue Reading »
New Delhi- With the GMR group walking out of the Kishangarh- Udaipur-Ahmedabad project slated for 16 months after securing the order has invited trouble as the National Highways Authority of India (NHAI) may take legal action against GMR Group. An estimated investment of about Rs 5,387 crore was expected for the project.This project with an annual premium of 26 years and [...] Continue Reading »
The regulator for the securities market in India, Security and Exchange Board of India (SEBI), has allowed 12 new units to set up Alternative Investment Funds (AIFs). An AIF is a new set of pooled-in investment vehicles for real estate, private equity and hedge funds, in the last two months of October and November 2012. [...] Continue Reading »
Jaipur- If you are planning to invest your money at right place, then Jaipur would be a great option for you. The city houses maximum number of upcoming residential projects compared to other upcoming small cities. It is thought that this city has great potential for price stability, demand growth and quality of infrastructure which is will soon [...] Continue Reading »
International property consultant, Cushman & Wakefield said that owing to the acceptance of Foreign Direct Investment (FDI) bill in multi-brand retail, India will witness increase in shopping and commercial centers. Executive Managing Director, South Asia, C&W, Sanjay Dutt said that said this move will benefit the real estate, retail sector and end consumers for a [...] Continue Reading »
Bangalore- Over 40 employees of Deloitte gathered on the banks of Ulsoor and Uttarahalli lakes in order to clean them up. Joining hands with the United Way Bengaluru’s ‘Wake the Lake’ campaign, the employees stepped forward to clean up the natural water bodies. The day was observed as the corporates’ annual Impact Day which is [...] Continue Reading »
