According to property consultancy firm Knight Frank, only 19 states and UTs have a functional portal in place, that too with a lot of information dissymmetry across data points
A common mistake people make is to believe there is nothing they can do about it
Mannapuram Finance, Mahindra and Bharti Axa are some of the firms known to have bought office spaces worth more than Rs 100 crore
Raghavendra Kamath reports on what ails India's real estate sector.
The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues - lax corporate governance practices and discretionary decision-making, says Shyamal Majumdar.
In the 2017 budget, the government accorded infrastructure status for affordable projects to help such projects raise loans at lower rates
A large number of public sector bank employees, as a matter of routine, do not "take" promotions so that they are not transferred out of their hometowns. The eastern region is famous for this, but it is a common practice everywhere, says Shyamal Majumdar.
In 2017, absorption in co-working/serviced offices was 2.83 million sq ft, about 186 per cent higher than that of 1.52 million sq ft in 2016.
US-based Blackstone has bought malls such as AlphaOne Mall in Ahmedabad, Elante Mall in Chandigarh and Treasure Island Mall in Indore.
Office space on mill land in central Mumbai expected to reach 16 mn sq ft by 2021.
43 months after Modi's election promise that his government would create 10 million jobs, the reality does not paint a pretty picture, warns Shyamal Majumdar.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry.
India's MRP and Packaged Commodities Acts are dated and not in line with the modern world's digital price mechanisms and comparisons.
IndiGo clearly needs to refresh its HR and training manual, says Shyamal Majumdar.
According to experts, banks have found better arbitrage opportunities in dollar terms in mature economies with mortgage and leverage rather than take equity exposure on Indian real estate.
While Gurugram sees biggest drop in house prices, housing sales in Bengaluru dropped by 45 per cent followed by Kolkata, a 44 per cent decrease, and Ahmedabad, a 42 per cent decline.
'Financial independence will help unlock the full potential of these businesses.'
It is raining private equity funds in the logistics and warehousing space.
The firm is likely to spend $600 million in total for the new stores. The average size of its stores is about 55,000 sq ft.
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