While student housing, retirement homes, and co-living spaces are going to be new realty growth drivers, Parekh also said foreign investors have also been investing in a big way in good commercial projects, while warehousing is another segment where they are showing keen interest.
Despite the absence of any notable price growth, transaction volumes are picking up in major Indian cities. The surge in sentiments is also backed by a significant rise in transparency in the industry.
After his wide-ranging talks with Modi on the second and final day of his India visit, Johnson said the new defence and security partnership will enable India to strengthen its domestic defence industry as well as help the two countries protect vital shared interests in the Indo-Pacific.
HFCs and banks expect a drop in demand for housing loans in the short-term.
The prices of unsold homes in Mumbai run into crores of rupees.
There are seven potential buyers, ranging from the Port Talbot steelworks' management to the UK steel industry investors Liberty House
Big Mumbai developers' inventory at Rs 53.4 crore.
Export of mango, especially alphonso, to European countries has been negligible this season; shipments to the Gulf fell 40-50 per cent.
A Reuters poll had forecast retail inflation would slow to 8.35 percent from an annual 8.79 percent in January.
The acquisition of the debt-laden Binani has catapulted Birla-owned UltraTech to the top spot in India, leaving it free to turn attention to overseas market
From auto, refrigerator, and mobile handset makers to real estate firms, companies are tying up with banks to dole out attractive finance schemes and discounts to make buying more affordable.
Experts said the builders will now factor in their losses arising from the removal of input tax credit when they pass on the benefits to end users while the latter may want the entire GST cut to be given to them.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
16-year-old Nagaland leg-spinner Khrievitso Kense says he became a cricketer all by himself and honed his skills by watching Warne on TV.
Price has been fixed at Rs 85.3cr
CII suggested the policy measures required to ease the tight liquidity situation by cutting CRR by at least 50 basis points.
The market for vinyl collapsed with the advent of CDs in 1982. But LPs, as they were fondly called, have made a comeback in the past ten years, with certain editions costing quite a packet
The 12,350 sq mt Villa was once used by Mallya to host lavish parties in his 'good times'.
Finance Minister Nirmala Sitharaman on Friday hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.
As many as 68 artworks went under the hammer on Tuesday evening and included works by the greats like Raja Ravi Varma, V S Gaitonde, F N Souza, Jogen Chowdhury, and Akbar Padamsee among others.
Carnival group buys project in Chandigarh from L&T for Rs 1,785 cr.
A simple look at the prices of 10 media stocks during the tenure of the current government tells an interesting tale, says N Sundaresha Subramanian.
The size of the organised baby diaper market in India is Rs 5214 crore, with the year-on-year rate of growth pegged at 14%
Intimate getaways offered in the form of homestays by hotels are proving to be the flavour of this extraordinary and difficult time. Not far from cities, they offer a pleasant respite from homebound lives, says Pavan Lall.
Be a disciplined investor for attractive returns, says fund managers.
Launches and sales of house property have seen a continuous drop.
The coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank.
'Prices are rock, bottom, developers are ready to negotiate and banks are keen to lend.'
By evaluating their loan rate against the best available every year, borrowers can achieve considerable savings over the entire tenor, suggests Sanjay Kumar Singh.
Microsoft top boss Satya Nadella feels the increase in productivity has come at the price of burning the 'social capital' built up by companies over very many years, observes ad guru Sandeep Goyal.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
Raheja has unveiled Krishna Housing Scheme in sector 14 at Sohna and the homes will be priced at Rs 15,00,000-23,00,000.
Faced with a clutter of coffee houses and cafes that also serve the brew, the chain that has 119 stores in seven cities in India is looking at ways to differentiate its brand from the rest.
The 'Artery Top 500 Works' list features the most expensive Indian works of art that have been sold so far. Their collective realised price? $367.9 million! As the demand and value of Indian artists grows internationally, we look at the record setters.
India's gold import bill, estimated at $3 billion in May, is seen falling further this month
The sector's performance in delivery also saw a decline -- only 23.5 per cent of the committed units were delivered during the first six months of this year, show data from research firm PropEquity.
RBI Governor Raghuram Rajan on Friday said keeping inflation low is the key task for sustainable economic growth of the country.
RBI recently cut repo by 0.25 percentage point, taking the rate to 7.25 per cent in three reductions since January.
Among the seizures were Indian masters such as FN Souza, VS Gaitonde, SH Raza, Amrita Sher-Gil and Akbar Padamsee, sculptures from Italy and the US, Chinese artwork and masterpieces by Xu Lei and Zeng Xiaojun.
'All parties and the government acknowledge that there we are in trouble and there is more trouble ahead,' observes Aakar Patel.
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