Investors
The BJP-led Government will have to go ahead apart from rhetoric statements and focus on real issues existing in our country like pragmatic land acquisition policy, lower corruption stable policy regime, less paper-work, and flexible labour laws in order to make the country a proper an attractive destinations for the investors. The UPA Government during [...] Continue Reading »
The possible introduction of real estate investment trusts (REITs) in India and its impact is perhaps one of the most talked about subjects among Indian real estate experts. It’s all the more intriguing from the perspective of retail as well as institutional investors. A REIT, in simple terms, is a group of income-producing assets backed [...] Continue Reading »
Large FDI providers in real estate have approached the finance ministry seeking tax changes to the current framework for Indian real estate investment trusts (REITs). The recently unveiled structure reduces cash in the hands of shareholders by almost one-fifth compared to a listing in Singapore, they told the government officials in recent meetings. REITs allow [...] Continue Reading »
The monsoon season generally underscores a period of slow realty activity, but that perception is apparently set to change in 2014; thanks largely to the fact that some of India’s major festivals are falling earlier than usual this year. In the wake of earlier festivals, realty developers have started announcing attractive discounts and offers to [...] Continue Reading »
IIFL Alternate Asset Advisors, part of the India Infoline group, has exited three of its real estate investments, a senior company official said. The fund said it has realized returns of Rs.140 crore from the investment, beyond regular repayments, whose details it did not disclose. It had invested Rs.195 crore across these three investments. With [...] Continue Reading »
Developers have been fast in catching the changing market sentiment that is going to look positive after several quarters of negative outlook. While the home buyers are still showing much caution and staying away from the enquiry counter. The developers have been finding another route to get the unsold inventory that has been absorbed. The [...] Continue Reading »
Abhijit Ghosh a partner at PricewaterhouseCoopers (PwC) stated that the Singapore investors should capitalise on the benefits announced in the budget for India’s real estate sector. Ghosh is an expert in this field and stated that the Singapore companies will be in an advantageous position if they decide to invest and lend to the Indian [...] Continue Reading »
After the new government takes charge the lackluster real estate sector is unlikely to revive soon. For concrete signs of revival experts are looking at a timeframe of anything between 12 and 18 months from the time of the new government. That too is conditional. An upswing in the realty sector will be possible only [...] Continue Reading »
The residential segment of the real estate market, defies the price determining demand-supply mechanism. The Fitch group’s research arm, India Ratings and Research Pvt. Ltd. recently came up with a report titled “2014 Outlook: Real Estate Sector”. It has been said in the report that the prices of residential units have risen continuously since financial [...] Continue Reading »
Subrata Roy has been in Delhi’s Tihar Jail since March 4, has withdrawn proposal for modifying his bail conditions. Sahara had earlier last week, expressed its inability to pay Rs. 5,000 upfront for bail but proposed to pay Rs. 2,500 upfront and Rs. 2,500 three weeks after Subrata’s release. On March 26, the Supreme Court [...] Continue Reading »
