News for 'Affordable housing'

PE investors bullish on Indian realty despite Covid blues

PE investors bullish on Indian realty despite Covid blues

Rediff.com23 Dec 2020

Improving economic sentiment, enabling policies and growth in key emerging sectors may help attract 30 per cent more private equity funds at $6 billion in the realty sector next year compared to 2020, says a report. PE investments into the realty space is expected to dropped to $4.6 billion in 2020 due to decline in the overall economic activity hit by the pandemic-driven lockdowns, according to a report by global property consultancy Savills India. The next wave of investments will be driven by warehousing, affordable housing and data centres apart from commercial office which will continue to see steady improvement, says the report.

JV for affordable vaccines to launch next year

JV for affordable vaccines to launch next year

Rediff.com1 Dec 2009

MSD Wellcome Trust Hilleman Laboratories, the joint venture to develop affordable vaccines for low-income countries, will take off by next year.

With Rents Surging, Opt For Longer Lease

With Rents Surging, Opt For Longer Lease

Rediff.com5 May 2023

'Negotiate a longer agreement with the escalation clause fixed now.' 'This will enable you to control future cost increases.'

'The first priority is to ensure seamless customer service without any disruption'

'The first priority is to ensure seamless customer service without any disruption'

Rediff.com17 Jul 2023

'We created war rooms -- from an IT perspective and also a customer war room -- to address any challenges that come up.'

How Ujjivan plans to give shape to Modi's financial inclusion dream

How Ujjivan plans to give shape to Modi's financial inclusion dream

Rediff.com1 Jun 2018

A well-run non-banking company has better margins than a bank, but the objective of setting up Ujjivan was to provide comprehensive financial inclusion, Ujjivan Small Finance Bank MD & CEO Samit Ghosh tells Anup Roy in an interview.

Home construction: Analysts bet on pipe makers; wary on tile, paint segment

Home construction: Analysts bet on pipe makers; wary on tile, paint segment

Rediff.com14 Mar 2023

Notwithstanding expectations of a pick-up in construction activity during a seasonally strong January-March quarter (fourth quarter) of 2022-23 (FY23), analysts are cautiously optimistic about the building material sector - encompassing paints, pipes, wood panels, tiles, metals, and cement - as volatile input costs, coupled with fears of a global slowdown, are making demand projections uncertain. Against this backdrop, analysts suggest investors stay selective and pick stocks of companies with stronger brand recall, expanding distribution network, diversified product profile, healthier balance sheet, and sustainable cash flow. "The government's various proposals under Budget 2023-24 (FY24) may lead to the building material segment growing between 8 per cent and 12 per cent for the next five years.

FM to meet all bank heads on Monday to discuss NBFC crisis

FM to meet all bank heads on Monday to discuss NBFC crisis

Rediff.com3 Aug 2019

Credit to priority sectors as well as small and medium industries will be discussed to find ways to accelerate economic growth.

'India is fastest-growing large economy in the world'

'India is fastest-growing large economy in the world'

Rediff.com23 Jun 2023

'India has formed tremendous resilience and still a strong growth.'

Luxury segment accounts for half of unsold houses: Lodha

Luxury segment accounts for half of unsold houses: Lodha

Rediff.com18 Feb 2021

About 7 per cent was priced between Rs 3 crore and Rs 5 crore, 22 per cent priced between Rs 5 crore and Rs 8 crore, and 15 per cent above Rs 8 crore.

Historic India Club in London announces closure after losing legal battle

Historic India Club in London announces closure after losing legal battle

Rediff.com22 Aug 2023

Proprietors Yadgar Marker and his daughter Phiroza launched a "Save India Club" appeal as they fought to keep it going but have now announced its impending closure.

RBI's new funding norms will revive the infra sector

RBI's new funding norms will revive the infra sector

Rediff.com7 Aug 2014

The government has introduced friendly policies for the infra sector

US can't afford more showdowns over debt, deficits: Obama

US can't afford more showdowns over debt, deficits: Obama

Rediff.com5 Jan 2013

New law was just one step toward fixing country's fiscal and economic problems.

Self-Employed? How To Get Term Insurance?

Self-Employed? How To Get Term Insurance?

Rediff.com13 Feb 2024

A prudent guideline for self-employed individuals is to target at least 10 to 15 times their actual annual income when determining life insurance coverage.

LS passes 22 legislations in 17 sittings lasting 44 hrs, RS met for 50 hrs

LS passes 22 legislations in 17 sittings lasting 44 hrs, RS met for 50 hrs

Rediff.com12 Aug 2023

Both Lok Sabha and Rajya Sabha did not see a debate on the Manipur violence, but Prime Minister Narendra Modi and Home Minister Amit Shah spoke on it during their addresses on the no-confidence motion.

We oppose no-trust motion as Congress brought it: BJD MP

We oppose no-trust motion as Congress brought it: BJD MP

Rediff.com8 Aug 2023

The Biju Janata Dal on Tuesday opposed the no-confidence motion against the government on the Manipur violence, saying what happened in the state is due to "legacy issues" running back several decades.

'I will fight the Gandhi way'

'I will fight the Gandhi way'

Rediff.com6 Apr 2023

'I cannot afford to go to court. I cannot afford to lose a case. I will fight the Gandhi way -- peacefully, non-violently, and with determination,' Purshottam Chauhan, a resident of the Sabarmati Ashram, tells Rosamma Thomas. Around him, the homes of former neighbours are rubble. About 300 Dalit families resided within the premises of the Sabarmati Ashram till 2021. Only about 40 now remain.

Modi 2.0: Realty likely to get a shot in the arm

Modi 2.0: Realty likely to get a shot in the arm

Rediff.com10 Jun 2019

A host of dynamic reforms, policies and announcements during the last five years are expected to reach its logical fruition in the second term, says Ankit Kansal.

Distributors flock to MFs as returns, flows improve

Distributors flock to MFs as returns, flows improve

Rediff.com10 Dec 2023

An improved showing of mutual funds (MFs) is helping the industry attract distribution talent at a brisk pace. The industry has onboarded a net of 11,600 individual distributors in the first seven months of 2023-24 (FY24) compared to just 5,555 distributors in the whole of 2022-23 (FY23), according to data from the Association of Mutual Funds in India. Like most financial products, MFs also have significant reliance on individual distributors to sell their products, even as digital platforms are gaining popularity.

Jhunjhunwala on why realty developers should not list on bourses

Jhunjhunwala on why realty developers should not list on bourses

Rediff.com17 Feb 2022

Ace investor Rakesh Jhunjhunwala on Thursday said real estate developers are afflicted with very low return on capital as compared to bluechip stocks. Jhunjhunwala, who runs RARE Enterprises and is set to be a major shareholder in an upcoming airliner, said only the affordable housing developers can look at listing because of the volumes which they can deliver. It can be noted that very few developers like Macrotech Developers formerly Lodha, and DLF are listed on the bourses. Jhunjhunwala cited the case of DLF, saying the stock price plummeted to Rs 80 from Rs 1,300 per piece to illustrate the risks associated.

Tata Value Homes launches e-commerce platform

Tata Value Homes launches e-commerce platform

Rediff.com13 Oct 2014

Tata Value Homes, a 100 per cent subsidiary of Tata Housing, on Monday launched its exclusive e-commerce platform to sell flats and is eyeing up to Rs 1,000 crore (Rs 10 billion) revenue by FY2015-16.

Car owners are not starving, can afford it: Minister on petrol price hike

Car owners are not starving, can afford it: Minister on petrol price hike

Rediff.com16 Sep 2017

On the rise in petrol prices, Union Minister Alphons Kannanthanam queried, "Who buys petrol... somebody with car, somebody with a bike. Certainly, they are not starving... somebody who can afford to pay has to pay."

Biden, Modi commit towards greater Indo-US ties: White House

Biden, Modi commit towards greater Indo-US ties: White House

Rediff.com9 Feb 2021

Biden and Modi committed that the US and India will work closely together to win the fight against the COVID-19 pandemic, renew their partnership on climate change, rebuild the global economy in a way that benefits the people of both countries, and stand together against the scourge of global terrorism, the White House said in a readout of the call.

What makes Mumbai pricier than Dubai?

What makes Mumbai pricier than Dubai?

Rediff.com2 Aug 2023

Wealthy Indians are adding new residential addresses to their assets, many of them in Dubai. The quality of life in the desert city is comparable to any coveted city in the world. Its property market is regulated to protect investors' interests.

'I am just so grateful to the Lord that I am able to buy a house for my parents'

'I am just so grateful to the Lord that I am able to buy a house for my parents'

Rediff.com3 Sep 2021

'Dad may act casual about it, but he's as excited about our new home as my mother.'

Cement: Benefits from thrust on housing and infrastructure

Cement: Benefits from thrust on housing and infrastructure

Rediff.com28 Feb 2015

Stocks to watch: ACC, Ambuja Cements, India Cements, Shree Cement, Ultra Tech Cement.

First-time investor: 'I can afford only low-price stocks'

First-time investor: 'I can afford only low-price stocks'

Rediff.com12 Jan 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Honor 8 Pro Review: The affordable flagship phone

Honor 8 Pro Review: The affordable flagship phone

Rediff.com3 Aug 2017

The Huawei phone might not surpass the popularity of the OnePlus 5, but it is a well-rounded phone that offers great performance, says Kakoli Chakraborty.

If banks are allowed to fund land purchase, properties will become affordable

If banks are allowed to fund land purchase, properties will become affordable

Rediff.com28 Jun 2016

Banks are not allowed to lend to developers for purchasing land parcels.

Real estate Bill: Will it create consumer comfort?

Real estate Bill: Will it create consumer comfort?

Rediff.com1 Apr 2013

Real estate business and market have so far been the monopoly of promoters, developers and builders.

In Messi's hometown, hope builds ahead of World Cup final

In Messi's hometown, hope builds ahead of World Cup final

Rediff.com17 Dec 2022

Messi's image is everywhere, adorning the sides of buildings.

Lessons For Banks To Learn From SVB Collapse

Lessons For Banks To Learn From SVB Collapse

Rediff.com5 Apr 2023

The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.

Tax-smart housing loans!

Tax-smart housing loans!

Rediff.com1 Jun 2007

Even those who have the money to buy a house off the shelf should consider going in for a loan. Here's why.

Education can be affordable... This Delhi school proves it

Education can be affordable... This Delhi school proves it

Rediff.com5 Sep 2018

Sunshine Schools are looking to attract interest from members of the urban 'aspirational' class -- vegetable vendors, security guards, drivers, etc -- who cannot afford the fees charged by budget private schools.

White House backs Neera Tanden as Republicans oppose her nomination

White House backs Neera Tanden as Republicans oppose her nomination

Rediff.com24 Feb 2021

The White House and the Indian-American community are solidly backing the nomination of Neera Tanden as the director of Office of Management and Budget, describing her as the most appropriate candidate to hold the position.

Tata building 'nano' houses

Tata building 'nano' houses

Rediff.com4 Nov 2009

The company is offering three types of flats. A one-room flat with a small kitchen in an area of 283 square feet, a one-room flat with a large kitchen in an area of 360 square feet and a one-bed room flat with a hall and kitchen in an area of 465 square feet.

Tips to make a fortune from property

Tips to make a fortune from property

Rediff.com5 Oct 2015

Opt for an affordable house on a metro's periphery, invest and wait it out.

SIP wave hits record level, more to come

SIP wave hits record level, more to come

Rediff.com30 Jan 2024

India's mutual fund (MF) industry had barely any retail footprint when it completed 50 years in 2013. MFs had Rs 7 trillion in assets under management (AUM) in March 2013, of which around Rs 5 trillion was in institution-focused debt funds. By comparison, bank deposits in the country stood at Rs 67.5 trillion around the same time.

Want To Buy A New Home? Read This

Want To Buy A New Home? Read This

Rediff.com20 Oct 2023

Look at the sanctioned plan to know the exact carpet area you will get and pay a law firm to conduct a thorough title check.

RBI Rate Hike: Opt For Home Loan Balance Transfer

RBI Rate Hike: Opt For Home Loan Balance Transfer

Rediff.com20 Feb 2023

Improved credit profile may make you eligible to transfer your existing home loan to another lender at a much lower rate.

Budget: Its impact on the cement industry

Budget: Its impact on the cement industry

Rediff.com11 Jul 2014

A sum of Rs 7060 crore is provided in the current fiscal for the project of developing one hundred Smart Cities.