warehouses
The decision of the Ministry of Local Bodies to exempt charging the Change of Land Use (CLU) fee within municipal limits has raised the hope of some revival of the now dormant real estate business in the state. Minister for Local Bodies, Anil Joshi has in a recent announcement said the CLU fee has been [...] Continue Reading »
REITs are investment trusts that own and, in most cases, even operate income-producing real estate. The trusts operate like mutual funds and invest in income-generating real estate assets like commercial realty, residential property, warehouses, hospitals, hotels and shopping centres So, while mutual funds invest in equities or bonds, REITs invest in real estate and make [...] Continue Reading »
The e-commerce business has boomed manifolds in India in the last few years. This has given a fresh lease of life to hundreds of land owners who bought land to build warehouses a few years back. However they were disappointed after a much touted policy of FDI in multi-brand retail became a non-starter. It looks like [...] Continue Reading »
In the next 45 days, India is probably going to see a new government and corporate are demanding “less government interference” and more private sector participation in “nation-building”. Pankaj Patel, chairman and managing director of city-based Zydus Cadila echoed his sentiments that he is looking forward to less interference, quick policy reforms and more liberalization. [...] Continue Reading »
