News for 'Commercial Real Estate'

Govt spending Rs 14,500 crore on airports before 'privatising' them

Govt spending Rs 14,500 crore on airports before 'privatising' them

Rediff.com1 Oct 2021

With six airports handed over to the Adani group for 50 years, the government is now all set to hand over another 25 airports to private players in a bid to 'monetise' them. Official figures reveal that since 2017-18, the government has spent and will be spending Rs 14,500 crore on significantly revamping infrastructure at most of these airports before handing them over to private players. The Airports Authority of India (AAI), which operates these airports for the government, has spent billions of rupees in building new terminal buildings, runways, reinforcing taxiways, upgrading aircraft landing systems, radars and a host of other heavy duty and capital intensive infrastructure works.

Air India plans to raise Rs 250 crore from sale of 14 properties

Air India plans to raise Rs 250 crore from sale of 14 properties

Rediff.com2 Oct 2018

Air India's debt burden is estimated to be more than Rs 50,000 crore, besides huge accumulated losses.

Govt for UPA-style bailout of NBFCs

Govt for UPA-style bailout of NBFCs

Rediff.com26 Dec 2019

In 2009, the UPA government, had announced a slew of measures to boost liquidity in NBFCs. These included a scheme for providing liquidity support to NBFCs having assets size of over Rs 100 crore through a SPV.

Cost of houses pretty high, there's scope for reduction: RBI

Cost of houses pretty high, there's scope for reduction: RBI

Rediff.com20 Aug 2014

The senior RBI official, who assumed office on July 31, a day before he was to retire from the state-run Bank of Baroda as its chairman, said developments in construction technologies should make it possible for developers to bring down home prices.

EPFO may now get to invest in cash-starved infra sector

EPFO may now get to invest in cash-starved infra sector

Rediff.com10 Nov 2020

At present, the EPFO is mandated to invest 20-45 per cent of its incremental funds - of around Rs 1.5 trillion - in debt-related instruments.

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

It's time govt started taking decisions: Deepak Parekh

It's time govt started taking decisions: Deepak Parekh

Rediff.com10 Oct 2014

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.

Will student housing become cheaper?

Will student housing become cheaper?

Rediff.com30 Jul 2019

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

Fresh case filed against Robert Vadra over Gurgaon land deal

Fresh case filed against Robert Vadra over Gurgaon land deal

Rediff.com2 Sep 2018

The BJP had made the land deals a major poll issue in 2014, alleging that Vadra benefited through questionable land use permissions granted by the earlier Congress government in the state.

Adi Godrej: 'There's no dearth of jobs in India'

Adi Godrej: 'There's no dearth of jobs in India'

Rediff.com28 Dec 2018

'What exists instead is a clear gap between skilled people and the work at hand.' 'Employers on most occasions find it difficult to find a match between the two,' Adi Godrej tells Viveat Susan Pinto and Niraj Bhatt.

Canadian pension manager CPPIB may invest more in India

Canadian pension manager CPPIB may invest more in India

Rediff.com5 Dec 2019

CPPIB, which started investing in the country in 2009, has invested in Kotak Mahindra Bank, L&T Infrastructure Development Projects, online education firm Byju's, energy company ReNew Power, logistics firm Delhivery, among others.

Mega business district for Mumbai, courtesy MIAL

Mega business district for Mumbai, courtesy MIAL

Rediff.com10 Feb 2014

GVK Skycity's 20-million sq ft commercial space will be bigger than that in BKC; bids invited for first phase.

Why ad world was waiting for Virat-Anushka wedding

Why ad world was waiting for Virat-Anushka wedding

Rediff.com12 Dec 2017

'Virat is the captain of the Indian side and Anushka is an A-list Bollywood actor. Something like this has not happened before.'

'Loan takers are seen to be benefitting at the cost of depositors'

'Loan takers are seen to be benefitting at the cost of depositors'

Rediff.com3 Oct 2019

If the interest rate on bank deposits is linked to any external benchmark, it would jeopardise the banks' fund-raising ability. Interest rates on small savings schemes are likely to be reduced very shortly, to maintain parity. All these steps would indeed affect retired people, and particularly those dependent on interest income, says Arindam Gupta.

Banks to focus on top defaulters: Chidambaram

Banks to focus on top defaulters: Chidambaram

Rediff.com3 Jul 2013

Non-performing assets of banks have been on the rise for past several months due to slowdown in the economy.

Looking for investment with a difference? Buy yourself an ATM

Looking for investment with a difference? Buy yourself an ATM

Rediff.com7 Oct 2013

Because of corrections in property prices and oversupply in the office segment, the rich are investing in hospitals, warehouses, ATMs and other alternatives to traditional investment options.

Festive sales bring cheer to automakers

Festive sales bring cheer to automakers

Rediff.com12 Nov 2019

The growth in the PV segment was primarily led by car market leader, Maruti Suzuki India, which saw its dispatches to dealers grow 4.4 per cent YoY to 144,277 units after 10 months of drop. It was driven by new launches, such as the S-Presso, a mini sport UV.

Reliance, 6 other firms get licence to sell auto fuel

Reliance, 6 other firms get licence to sell auto fuel

Rediff.com19 Jul 2021

The ministry of petroleum and natural gas has granted seven authorisations to companies for selling automobile (auto) fuels in the country. These new approvals are under the relaxed guidelines for authorisation to market transportation fuels that were revised in 2019. This is expected to make the competition more intense in India's petroleum retail business. According to a top oil ministry official, a fresh marketing authorisation has been granted to Reliance Industries (RIL) under these norms. This is being done since RIL's existing retail marketing authorisation has been transferred to its subsidiary Reliance BP Mobility

SBI to e-auction over 300 properties

SBI to e-auction over 300 properties

Rediff.com14 Mar 2015

SBI to e-auction over 300 properties on March 14.

Investment Lessons Learnt From 2019

Investment Lessons Learnt From 2019

Rediff.com2 Jan 2020

A flavour-of-the-season approach does not work in investing, suggests Deepesh Raghaw.

With GMR pie under its wing, Tatas check into airport business

With GMR pie under its wing, Tatas check into airport business

Rediff.com28 Mar 2019

The deal will give India's largest conglomerate indirect stakes in seven airports in India and abroad.

Oberoi, Phoenix, Godrej to outrun peers at Dalal Street

Oberoi, Phoenix, Godrej to outrun peers at Dalal Street

Rediff.com24 Sep 2015

Godrej Properties, is on the horizon as it unlocks value in its high-value Bandra-Kurla Complex (BKC) project.

Karnataka HC stops sale of flats at Mallya's Kingfisher Towers

Karnataka HC stops sale of flats at Mallya's Kingfisher Towers

Rediff.com18 Aug 2014

After razing his ancestral bungalow, housed in an expansive 4.5-acres of prime location in the central business district of Bangalore, Mallya's attempt to unlock value in the land by building the luxury KingfisherTowers has been stalled.

Mumbai property prices may fall up to 20%

Mumbai property prices may fall up to 20%

Rediff.com26 Nov 2014

Locations such as Chembur, Ghatkopar, Navi Mumbai and Andheri will be the future growth centres.

Indian Railways' heritage routes likely to be monetised

Indian Railways' heritage routes likely to be monetised

Rediff.com10 Jul 2019

The railways heritage lines that are part of the UNESCO-accorded sites list include Darjeeling Himalayan Railway, Nilgiri Mountain Railway, and Kalka Shimla Railway.

Bandra property of Congress-owned Associated Journals worth Rs 200 crore

Bandra property of Congress-owned Associated Journals worth Rs 200 crore

Rediff.com11 Dec 2015

Associated Journals was allotted 3,478 sq m of land by the Maharashtra govt in 1983 for building a Nehru Memorial library and a research centre.

RBI relaxes portfolio investment scheme for NRIs

RBI relaxes portfolio investment scheme for NRIs

Rediff.com20 Aug 2013

In order to attract inflow of foreign currency, the Reserve Bank on Tuesday simplified rules governing investments by non-resident Indians (NRIs) portfolio investments like equities and debt.

Heavy loss in business led IAS officer Ravi to commit suicide?

Heavy loss in business led IAS officer Ravi to commit suicide?

Rediff.com21 May 2015

CBI has reportedly said that senior IAS officer DK Ravi, who allegedly committed suicide, may have called his batchmate only once and not over 42 times as was earlier reported.

The Great Property Crash

The Great Property Crash

Rediff.com25 Jan 2019

'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.

'What auto slowdown are you talking about?'

'What auto slowdown are you talking about?'

Rediff.com26 Sep 2019

'The August phenomenon of decline in sales occurs every year.' 'What they have done cleverly is, using the economic slowdown as an excuse, they want a package from the government to compensate the expenditure they will incur while converting BS4 to BS6.' 'That's why they are making a hue and cry.'

Competition Commission slaps Rs 1.35 bn fine on Google

Competition Commission slaps Rs 1.35 bn fine on Google

Rediff.com9 Feb 2018

The order was passed with dissent by two members, and four members feeling that there had been abuse of the search engine's dominant position.

Drone shot down over Beijing after security scare

Drone shot down over Beijing after security scare

Rediff.com15 Dec 2014

A suspicious low-altitude drone flying in the restricted airspace of the Chinese capital that sparked a major security alert and delayed a number of commercial flights, was shot down by the People's Liberation Army military helicopter, state-media reported one year after the incident.

FinMin seeks PSBs' help to make India $ 5 trn economy

FinMin seeks PSBs' help to make India $ 5 trn economy

Rediff.com16 Aug 2019

According to a communication by the ministry to the heads of PSBs, it will be a bottom-up consultative process from the branch level onwards which will involve discussions at the branch or regional level, state level and national level.

Fuelled by demand in southern markets, office leasing rises

Fuelled by demand in southern markets, office leasing rises

Rediff.com6 Oct 2020

The Q3 office rebound growth was led by Bengaluru and Hyderabad, which together accounted for nearly 80 per cent of the net absorption in Q3.

The chinks in India's arbitration laws

The chinks in India's arbitration laws

Rediff.com22 Oct 2020

Treaty

Time to look at rate-sensitive stocks

Time to look at rate-sensitive stocks

Rediff.com30 Sep 2015

Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates

ICICI Bank Q4 consolidated net profit up 2.45% at Rs 1,170 crore

ICICI Bank Q4 consolidated net profit up 2.45% at Rs 1,170 crore

Rediff.com6 May 2019

The bank, which has suffered reverses following a massive spike in dud assets and also the dismissal of its chief executive Chanda Kochhar over governance issues, however, hinted that the worse is behind.

Flipkart leases office space from Embassy in largest deal

Flipkart leases office space from Embassy in largest deal

Rediff.com18 Oct 2014

JLL had shortlisted over 10 developers and Embassy was selected after a long due and rigorous process of due diligence.

Surat set to have a world-class diamond bourse

Surat set to have a world-class diamond bourse

Rediff.com3 Jun 2014

The proposed exchange is likely to be almost as big as Mumbai's Bharat Diamond Bourse, now said to be fully occupied.

Time is not right to dabble in stocks: Saurabh Mukherjea

Time is not right to dabble in stocks: Saurabh Mukherjea

Rediff.com2 Mar 2017

Saurabh Mukherjea, CEO, Ambit Capital, says he is advising clients to either take a genuinely long-term view on stocks or diversify the portfolio with stocks, bonds and gold for those with a short-term view.