Singapore
Dharuhera is the fastest emerging industrial town on the outskirts of Delhi. As per the report, Dharuhera is the fastest growing town of Haryana and that it is also the new growth corridor of Gurgaon and New Delhi. Strategic location Dharuhera is situated on NH-8, the busy Delhi-Jaipur Highway, and is on an hour’s drive [...] Continue Reading »
The GMR Infrastructure has got the permission from its share holders to raise Rs 2,500 crore through different methods. This will be helpful to reduce the debt which is currently Rs 4,500 and also useful for another project in Chhattisgarh. The company also increased its share value from Rs 750 to Rs 1,950 to make [...] Continue Reading »
A report by Kotak Wealth Management and Crisil Research concluded that due to increasing globalization, rich Indians are purchasing property outside India. The prime reason of purchasing property aboard is the increased price of Indian property. Rich Indians can purchase property abroad at the same cost at which they purchase property in India. Whereas purchasing [...] Continue Reading »
According to Economist Intelligence Unit’s (EIU) 2014 ‘Worldwide Cost of Living’ survey released in London, Mumbai has emerged as the world’s cheapest city to live in, followed closely by New Delhi at third place. Singapore has emerged as the world’s most expensive city. The survey is designed as a relocation tool that uses New York [...] Continue Reading »
Rs 1000 crore will be invested in the wholly owned infrastructure development arm of engineering major Larsen & Toubro, L&T Infrastructure Development Projects (L&T IDPL) ,by Canada Pension Plan Investment Board (CPPIB) . L&T is also looking at a second tranche capital infusion into the company which is of Rs 1000 crore , which is expected to [...] Continue Reading »
Government of India’s decision to blacklist Cyprus for not providing tax data is set to hit developers and realty funds. Investors who have taken funds through Cyprus are likely to face a big decline in returns as developers will now be expected to withhold higher tax amounts. The investments have now jumped to 30% which [...] Continue Reading »
The newly appointed head of Tata group, Cyrus Mistry, also a real estate and construction baron plans to launch a real estate fund in Singapore. This has been planned as the group wants to unlock a closely held subsidiary’s investment in projects such as IT parks, malls and roads already built or under construction assets [...] Continue Reading »
The Competition Commission of India (CCI) has approved a real estate deal between global private equity giant Blackstone group and Pune-based realty firm Embassy Group. The proposed deal involves Blackstone and Embassy group having joint control over an entity engaged in the development and management of commercial and office space. It has been dubbed as [...] Continue Reading »
The appreciation of the Singapore dollar and RBI’s liberalised policies are attracting expats, NRIs and Singaporeans to invest in India’s booming real estate market. The recently held India Property show in Singapore witnessed growing interests of investors. Availability of variety of properties offers a reliable and convenient investment opportunity for the Indian as well as [...] Continue Reading »
ASK Property Investment Advisors, the property fund arm of ASK Group, plans to launch a $200 million (Rs 1,100 crore) international realty fund next month. When it launches the fund, ASK will join the league of HDFC, IDFC, IL&FS, Indiareit, Kotak and Tata Realty & Infrastucture, which are planning to launch foreign realty funds. ASK [...] Continue Reading »
