News for 'Bengaluru Capital Region'

PIX: Bakr Id celebrated with religious fervour

PIX: Bakr Id celebrated with religious fervour

Rediff.com29 Jun 2023

In Jammu and Kashmir, Eid prayers passed off peacefully and there was no report of any untoward incident, the police said.

2 cos to gain most from Maharashtra stamp duty cut

2 cos to gain most from Maharashtra stamp duty cut

Rediff.com28 Aug 2020

After Maharashtra, analysts expect more states like Karnataka and Haryana to slash stamp duty rates. However, analysts, do caution that it's still a long road to recovery for the realty sector.

Cabinet rejig: Bommai fails to meet Shah during Delhi visit

Cabinet rejig: Bommai fails to meet Shah during Delhi visit

Rediff.com21 May 2022

The consultations during his visit revolved around the upcoming polls for Rajya Sabha and Legislative Council.

Will sub-par monsoon dent market sentiment?

Will sub-par monsoon dent market sentiment?

Rediff.com22 Apr 2023

While weather forecasters remain divided on how the monsoons will play out in India over the next few months, analysts believe the news at the current juncture - at best - can trigger a knee-jerk reaction in the markets. They believe it is too early to say whether the sub-par monsoon on account of El Nino can seriously dent the market sentiment in the short-to-medium term. "These are just initial forecasts and we will have another round / status update from the weather forecasters a month down the line.

BJP to hold 2-day meet in Hyderabad from July 2, aims expansion in South

BJP to hold 2-day meet in Hyderabad from July 2, aims expansion in South

Rediff.com1 Jun 2022

This will be the first physical meeting of BJP's key decision-making body outside he national capital after a gap of five years.

Army maintains strong defence posture along LAC: Gen Manoj Pande

Army maintains strong defence posture along LAC: Gen Manoj Pande

Rediff.com15 Jan 2023

General Pande said the northern border region has been peaceful and steps have been taken to maintain peace through established protocol and existing mechanism.

Kharge to pick Karnataka CM based on opinions of all Cong MLAs

Kharge to pick Karnataka CM based on opinions of all Cong MLAs

Rediff.com15 May 2023

The Congress Legislature Party, which met at a private hotel in Bengaluru on Sunday evening, passed a unanimous resolution authorising the party chief to pick its leader.

Is Gurugram going the Kolkata way?

Is Gurugram going the Kolkata way?

Rediff.com21 Nov 2021

Militant labour policies compounded a poor security environment for capital in West Bengal and encouraged the business community to relocate. constraining the private sector's right to hire freely could well be the coup de grace. As with Calcutta/Kolkata, it will probably take a decade for Gurgaon/Gurugram to feel the difference, says Kanika Datta.

Why are investors, buyers shunning real estate?

Why are investors, buyers shunning real estate?

Rediff.com9 Jun 2015

In markets such as Mumbai, prices have gone beyond Rs 1.5 cr to Rs 2 cr which is beyond reach of most of the salaried class

Revival in sight for India's real estate

Revival in sight for India's real estate

Rediff.com5 Nov 2014

The total demand has remained subdued mainly due to high interest rates and property prices.

Foreign investors still have faith in India's realty sector

Foreign investors still have faith in India's realty sector

Rediff.com20 Feb 2017

The logistics segment is becoming a hot favourite of private equity, of late.

Delivery of 1.5 mn houses delayed, builders face buyers' ire

Delivery of 1.5 mn houses delayed, builders face buyers' ire

Rediff.com26 Jan 2016

Most of these projects were launched between 2008 and 2010

Now, Japanese firms are keen to develop Indian realty

Now, Japanese firms are keen to develop Indian realty

Rediff.com25 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.

Kolkata only big city to see jump in home sales

Kolkata only big city to see jump in home sales

Rediff.com19 Nov 2015

Bengaluru saw a 23% decline in home sales and a 3% fall in prices.

Mumbai real estate market most unaffordable: Survey

Mumbai real estate market most unaffordable: Survey

Rediff.com2 Jul 2013

National Capital Region and Bangalore's property prices are more reasonable.

IPL teams, players donate for COVID-19 relief efforts

IPL teams, players donate for COVID-19 relief efforts

Rediff.com11 May 2021

A look at what the IPL teams and players are doing to support the people of India in this massive battle against the deadly coronavirus.

Business hotels start seeing signs of recovery after protracted lull

Business hotels start seeing signs of recovery after protracted lull

Rediff.com15 Feb 2022

Encouraged by a steady recovery seen in the first two weeks of February, hospitality firms expect the business hotels in metros including Mumbai, Bengaluru, Chennai, Kolkata and Hyderabad that have been lagging the leisure hotels in terms of revenue per available room (RevPar) to catch up in the coming months. Huge pent-up demand for MICE (meetings, incentives, conference and exhibitions) as companies slowly return to hosting physical events coupled with easing of the recently announced restrictions on international travel, will also help in getting closer to pre-Covid levels of revenue, they said. The Omicron wave that peaked in January had derailed the strong month-on-month recovery seen by the hotels since August.

Residential property sales at 10-yr low in H1

Residential property sales at 10-yr low in H1

Rediff.com17 Jul 2020

Prices of residential property in Mumbai, NCR, Bengaluru, Pune, Chennai, Hyderabad, Kolkata and Ahmedabad witnessed a sharp fall in H1-2020 with Kolkata witnessing the steepest drop of 7.5% to Rs 33,433 per square meter. Demand for office space fell the most in Pune and NCR markets at 47% and 45% respectively.

Tomato prices soar upto Rs 80/kg; Govt says keeping close eye

Tomato prices soar upto Rs 80/kg; Govt says keeping close eye

Rediff.com30 Jul 2014

The prices of tomato are continuously moving up with the onset of monsoon due to strained supplies and higher wholesale prices in key producing states.

More cities in lockdown as COVID tally nears 8.5L

More cities in lockdown as COVID tally nears 8.5L

Rediff.com12 Jul 2020

This was the third consecutive day that COVID-19 cases in the country have increased by more than 26,000.

Why NRIs are so gung-ho about buying property in India

Why NRIs are so gung-ho about buying property in India

Rediff.com12 Nov 2018

NRI demand would help offset the liquidity problem, which is presently affecting realty sales.

South Mumbai's Tardeo is India's costliest residential location

South Mumbai's Tardeo is India's costliest residential location

Rediff.com8 Sep 2019

Worli and Mahalaxmi in Mumbai Metropolitan Region are placed at second and third positions with average housing prices of Rs 41,500 and Rs 40,000 per sq ft, respectively.

Housing fund not for projects under litigation: Govt

Housing fund not for projects under litigation: Govt

Rediff.com7 Nov 2019

The finance ministry also said the maximum funding will be Rs 400 crore for any single project that will be seeking assistance from the 'special window' for completion of the 1,508 projects comprising about 4.58 lakh units.

Airport PPPs on a crowded runway; private sector bids could be subdued

Airport PPPs on a crowded runway; private sector bids could be subdued

Rediff.com30 May 2022

Airports hold pride of place in the government's National Monetisation Pipeline (NMP) programme to monetise public assets. Private airport operators, including the Adani group, Fairfax, GMR and Zurich Airport, are expected to evince interest in the next round of public private partnership (PPP) development of state-owned Airport Authority of India (AAI) airports. Industry analysts, however, do not expect bids to be as high as the last round, which saw Adani group gain control of six airports.

Struggling to find buyers, builders go slow on new projects

Struggling to find buyers, builders go slow on new projects

Rediff.com12 Dec 2013

Launch of new homes dropped by 12 per cent to over 172,000 units so far during this calendar year in the eight major cities.

South pips north in car, durables & realty

South pips north in car, durables & realty

Rediff.com3 Oct 2016

Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases

How Mamallapuram Came To Be Top Tourist Site

How Mamallapuram Came To Be Top Tourist Site

Rediff.com25 Oct 2022

Mamallapuram's Group of Monuments -- a collection of 7th- and 8th-century religious structures -- attracted 46 per cent of the total foreign tourists who visited India compared to 12 per cent by the Taj.

Despite regulatory uncertainties, investors betting big on Web3 startups

Despite regulatory uncertainties, investors betting big on Web3 startups

Rediff.com21 Nov 2022

If you are a budding developer and interested in Web3, chances are that you will be headed to one of India's largest-ever meetings of Web3 developers, being held by Polygon, a Web3 platform. The company's ongoing "Web3: Made in India Tour" is expected to see close to 4,000 developers coming together at the inaugural Polygon Connect event in Bengaluru on December 1. The event highlights the growing dominance of Web3 developers from India, as well as the sector's rising interest to investors, who continue to invest in startups despite a funds crunch.

Office space sees hot demand, residential stagnant

Office space sees hot demand, residential stagnant

Rediff.com20 Mar 2015

Demand for Grade A office space is rising across the country.

South realty market marches ahead of NCR

South realty market marches ahead of NCR

Rediff.com22 Oct 2013

Both the South cities have also beaten the NCR in the number of new launches.

Amazon arm to set up data centre in Hyderabad

Amazon arm to set up data centre in Hyderabad

Rediff.com6 Nov 2020

Amazon Web Services (AWS) on Friday announced setting up of its second data centre region in India in Telangana that will be operational by mid-2022, and will see the tech giant investing about Rs 20,761 crore. While AWS did not comment on the investment detail, Telangana IT and Industries Minister KT Rama Rao tweeted that AWS will invest Rs 20,761 crore ($2.77 billion) to set up multiple data centres in the state.

India registers nearly 17,000 new COVID-19 cases, 416 deaths

India registers nearly 17,000 new COVID-19 cases, 416 deaths

Rediff.com25 Jun 2020

This was the sixth consecutive day when coronavirus cases increased by more than 14,000. Consequently, India has added 92,573 cases since June 20, and over 2.82 lakh this month alone since June 1.

This is why Godrej is a big name in India's real estate sector

This is why Godrej is a big name in India's real estate sector

Rediff.com21 Nov 2017

In the quarter ended September 30, the Pirojsha Godrej-led firm recorded Rs 492 crore net sales, up 49% year-on-year

'Covid or not, show must go on'

'Covid or not, show must go on'

Rediff.com19 Apr 2021

'Post-Covid world will be different from the pre-Covid world.'

Affordable CFO services for firms that lack resources

Affordable CFO services for firms that lack resources

Rediff.com17 Mar 2015

Affordable CFO services for firms that lack resources.

Realtors from South make inroads into high-growth NCR

Realtors from South make inroads into high-growth NCR

Rediff.com10 Sep 2013

Some major property companies based in South India, such as Puravankara and Sobha Developers, are spreading their wings in the high-growth National Capital Region market.

As Covid surge hits businesses, malls see rentals plunge

As Covid surge hits businesses, malls see rentals plunge

Rediff.com14 May 2021

Consultants who help lease these properties say this is the steepest decline at least in a decade.

Affordable housing a $12-billion opportunity, says report

Affordable housing a $12-billion opportunity, says report

Rediff.com25 Aug 2015

The demand for affordable housing is 535,400 units.

Covid: HCL Tech to HUL, corporate India extends a helping hand

Covid: HCL Tech to HUL, corporate India extends a helping hand

Rediff.com17 May 2021

From helping their employees infected with the Covid-19 virus to vaccinating them or supporting the families of those who might have succumbed to the infection, several companies in India are trying to do their bit in this difficult time. Some have even widened their support net to include all stakeholders as well as an extended community. To the families of the employees it lost to Covid-19, Noida-headquartered IT services and consulting company HCL Technologies is, for instance, paying salary for a year, medical insurance for three years and extending support for their children's education for five years.

Residential builders stare at a bleak year

Residential builders stare at a bleak year

Rediff.com9 Apr 2020

CREDAI-MCHI, a body of developers in Mumbai, has pegged the drop in sales booking at around 80 per cent in the February-March period this year. This is the second highest fall in residential sales in the past five years, after Q1, 2017, when the decline, due to the note ban, was 37 per cent.