Joydeep Ghosh &Amp; Raghavendra Kamath In Mumbai

Stories by Joydeep Ghosh &Amp; Raghavendra Kamath In Mumbai

Realty majors hope to cash in on festivities

Realty majors hope to cash in on festivities

Rediff.com   21 Oct 2019

Whether it is DLF in the National Capital Region, or Godrej Properties and Oberoi Realty in Mumbai or Sunteck Realty, Prestige Estates and Sobha Realty in Bengaluru, most top players have launched or lined up a slew of new project launches during this season.

How HDIL MD Sarang Wadhawan's party ended

How HDIL MD Sarang Wadhawan's party ended

Rediff.com   11 Oct 2019

Analysts say that PMC Bank case is only going to make matters worse for HDIL and the Wadhawans.

PMC Bank chairman's HDIL link runs really deep

PMC Bank chairman's HDIL link runs really deep

Rediff.com   4 Oct 2019

While Waryam Singh was a non-executive director at HDIL, he is listed as one of the promoters of the company and had relations, including shareholding, with several other entities controlled by the Wadhawans, the HDIL founders.

Will student housing become cheaper?

Will student housing become cheaper?

Rediff.com   30 Jul 2019

Goldman-HDFC JV and OYO Hotels & Homes are betting big on student housing, says Raghavendra Kamath.

Japan's Sumitomo inks India's biggest land deal

Japan's Sumitomo inks India's biggest land deal

Rediff.com   9 Jul 2019

The plot C-65 in the G Block of Bandra Kurla Complex was leased to Goisu Realty (a unit of Sumitomo) for 80 years by MMRDA.

Tax hike on rich will also hurt global companies

Tax hike on rich will also hurt global companies

Rediff.com   6 Jul 2019

Tax experts said that in FY17 around 80,000 people had reported incomes of over Rs 1 crore

Blackstone inks India's biggest office property deal

Blackstone inks India's biggest office property deal

Rediff.com   19 Jun 2019

Blackstone has bought A Wing and some part of B Wing of the building, which has three wings with a total area of 1.5 million square feet.

How IL&FS bosses showed fictitious profits for salary hikes

How IL&FS bosses showed fictitious profits for salary hikes

Rediff.com   10 Jun 2019

Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.

Places where even rich Mumbaikars fear to tread

Places where even rich Mumbaikars fear to tread

Rediff.com   5 Jun 2019

50% of south-central Mumbai's high-end apartments remain unsold. The reasons include rocketing prices and a demand-supply mismatch. Of the unsold stock in south-central Mumbai, 38 per cent comprise units sized above 2,000 sq ft carpet area - too high for even wealthy Mumbaikars.

Corporate India pitches for GST rate cut

Corporate India pitches for GST rate cut

Rediff.com   31 May 2019

Durable, automobile and real estate players have been lobbying hard for a tax cut, saying it will boost demand.

Warbug Pincus, Runwal form JV to build malls

Warbug Pincus, Runwal form JV to build malls

Rediff.com   21 May 2019

Both partners would inject $200 million each in the form of equity and hold 50 per cent stake each. They plan to raise another $600 million in the form of debt to create a corpus of $1 billion to develop malls across tier-I, II and III cities.

How IL&FS' misadventures made India Inc poorer by Rs 9,000-crore

How IL&FS' misadventures made India Inc poorer by Rs 9,000-crore

Rediff.com   20 May 2019

Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.

Godrej Properties buys a piece of film history: RK Studios

Godrej Properties buys a piece of film history: RK Studios

Rediff.com   4 May 2019

Swanky flats, mall to replace the iconic property.

Zee's repayment woes force fund houses to reschedule

Zee's repayment woes force fund houses to reschedule

Rediff.com   19 Apr 2019

According to industry players, over 50 FMPs have exposure to Zee Group companies.

As businesses seek political certainty, there's sharp dip in capex

As businesses seek political certainty, there's sharp dip in capex

Rediff.com   3 Apr 2019

The elections held in April-May 2019 will be an important determinant of future growth and investment.

Now, Japanese firms are keen to develop Indian realty

Now, Japanese firms are keen to develop Indian realty

Rediff.com   25 Mar 2019

Big conglomerates of Japan, including Mitsubishi Corporation, Sumitomo Corporation, and Mitsui Group, are looking to both build and buy commercial properties in key Indian cities.

All about the media-shy half-brother of Ratan Tata

All about the media-shy half-brother of Ratan Tata

Rediff.com   25 Feb 2019

Noel Tata likes to relax at his Alibaug beach home on weekends, but he is equally passionate about driving on the Mumbai-Pune Expressway at a speed of over 100 kilometres per hour.

Recent tax sops to realty sector will actually be of little help

Recent tax sops to realty sector will actually be of little help

Rediff.com   4 Feb 2019

Many developers are facing financial challenges after the IL&FS defaults, after which non-banking finance companies - the major financiers to real estate firms - slowed disbursals.

Continue your SIPs in 2019 please!

Continue your SIPs in 2019 please!

Rediff.com   22 Jan 2019

When you buy a stock, especially a mid- and small-cap one, have a price target. Once you hit the target, exit the stock, advises Joydeep Ghosh.

How home loan borrowers stand to gain from this RBI move

How home loan borrowers stand to gain from this RBI move

Rediff.com   15 Dec 2018

Linking all new floating rate loans to an external benchmark won't impact existing borrowers, so customers who have taken long-term home loans recently should watch things carefully, say Joydeep Ghosh and Sanjay Kumar Singh.