Revenues
Poor real estate sales in the residential sector have made significant impact on home loan disbursements, revenues and balance sheets of banks etc. Most buyers reluctant of making immediate purchases are now being lured into the market by being offered lucrative financing schemes by Banks. The residential property sector of the real estate market suffered [...] Continue Reading »
Due to the introduction of e-governance, transparency has increased and the IT department has got more visibility into the assets of the companies. The tax department has drawn up a detailed game plan and is expected to look at various new avenues to collect taxes. Due to the sluggish economy, the income of the tax [...] 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 »
Real estate players have been provided with significant opportunities as the education sector lacks physical infrastructure. The quantity of physical infrastructure and real estate development required is as huge that education institution operators or government cannot achieve it alone. There are around 25,000 colleges and 460 universities in our country with over 144 million customers in education [...] Continue Reading »
East Delhi Municipal Corporation (EDMC) is to send property tax notices to over six lakh properties under its authority as it is having a financial crunch. The corporation did not have a database on the number of properties liable to pay taxes in East Delhi, therefore, it turned to power discoms and the data received was shocking. [...] Continue Reading »
Shriram Properties, a Bangalore-based realty player, is in talks with private equity (PE) firms to expand its land bank. The firm has planned to raise funds of Rs 700-800 crore through private equity. It is in talks with several PE firms including JP Morgan, Morgan Stanley and few other mid-sized PE firms. Shriram Properties has [...] Continue Reading »
Established in the year 1991 by Mr. Hanif Siwani & Mr.Maheboob Siwani, HM Constructions is Bangalore’s largest real estate company! A rapid expansion in terms of revenues, market capitalization, developable area and earnings the roots of them have bore strong enough in Garden city Bangalore. Today HM Constructions hold credit for completing 57 residential as [...] Continue Reading »
