Real Estate Sector
According to a report by real estate consultancy Cushman and Wakefield, the sector has received lower investments as compared to previous year. Last year, India was the 10th most invested location in the Asia-Pacific region. The report by the consultancy ‘Investment Market Beat-2013’showed that the APAC region received a record $487 billion in the real [...] Continue Reading »
Cushman & Wakefield, global property consultant, said, the country was able to retain 10th rank in Asia Pacific despite the investment in the real estate fell by 65% to $1.2 billion during 2013. Investment in real estate sector in India stood at $3.4 billion during 2012. “In the real estate sector India has received a [...] Continue Reading »
IDFC Real Estate Yield Fund has raised Rs 750 crore from domestic investors in ten weeks. This fund is a focused debt fund with a medium term horizon and has already committed Rs 123 crore across two residential projects in Pune and Bangalore. The fund is targeting residential projects which are under development across the [...] Continue Reading »
Experts feel that due to good economic conditions, the executives are likely to see their salaries increase by 15 to 20 percent. HR experts say that the increase in salary varies in sectors. The sectors like pharmaceutical and automobile industries are likely to notice maximum increase. Mr. Udit Mittal, HR firm Unison International’s Managing Director, [...] Continue Reading »
DDA’s master plan 2021 will help in checking the increasing price of housing units in Delhi and NCR. The industry insider noticed that these would be at least 15 to 20 percent cheaper as compared to the estimated cost of the real estate in the next 3 to 4 years. Mr. Anshuman Magazine, CMD, CBRE, [...] Continue Reading »
Cushman & Wakefield, global property consultant, said, In the real estate sector private equity investment increased by 13 per cent to Rs 7,000 crore last year on higher inflows in the residential segment. “Total inflows from private equity funds in the real estate sector was recorded at Rs 7,000 crore ($1.2 billion) for 2013, an [...] Continue Reading »
A global real estate consultant says that the Office space requirement is likely to increase by 7 percent during this year to 29 million sq ft in India’s 7 major cities as corporates are looking at expanding their business. The demand of office space was 27 million sq ft last year in the seven cities [...] Continue Reading »
According to the report, the Indian construction and real estate sector continues to be a favored destination for global investors and businesses. As per the tax and advisory firm, Grant Thornton, the large numbers of people are shifting towards the cities and the interest shown by the buyers to invest in the real estate market will [...] Continue Reading »
The ‘Verified Property Show 2014′ is a property exhibition that invites property developers as well as over 500 investors to come together on a common platform in order to build trust and relationships in such a challenging real estate market. The property show looks towards the genuine residential and commercial investors who are aiming to [...] Continue Reading »
After imposing a heavy fine of Rs 1,773 crore on state-owned Coal India Ltd, CCI is now planning to impose fine on DDA. According to a current report by the competition watchdog’s director-general (investigation), it is found that DDA is exploiting its dominant market value through its housing sale practice. A senior official says that we [...] Continue Reading »
