The jewellery industry has welcomed the government's decision to ban old Rs 500 and Rs 1,000 notes, saying gold demand will rise as people will have more faith in the precious metal than the currency notes. But the unorganised builders and secondary (resale) property market would be adversely impacted.
The rise of the mall in India, at a time when many in the United States are becoming debt-ridden white elephants.
Construction costs would be reduced to some extent and this benefit can be passed on to the customers, thereby spurring home buying
The order, which came on Monday, stated that revenue authorities cannot split the agreement when the parties to the agreement considered the royalty and technical knowhow as a single package.
Launches of new homes reduced drastically this year.
Expressing disappointment over RBI's decision to hike the key policy rate, real estate developers said this would lead to increase in finance cost and also affect housing demand during the festive season.
Every day at 9 am, five 20-somethings who live in a 4-bedroom apartment in Bengaluru have a session with their physical trainer. After a workout, they spend the next 8 to 10 hours in their spacious living room, headphones in place and computer screens in front of them. Their salaried job: To play video games for the rest of the day.
The inventory has risen to 83 months in the National Capital Region and 50 months in Mumbai.
Participants are keenly waiting for the January IIP.
Experts say with a stable government, things will start improving but the impact might be visible only after six-12 months.
At least half a dozen are in the works with increasing brand awareness and growing purchasing power in upper classes.
Anuj Puri, chairman and country head at JLL India explains the dynamics of the city's real estate.
Giants like Pepsi and Coke are fast losing shelf-space to healthier, functional options.
Realty sector is facing a huge slowdown for last 3-4 years, leading to a significant delays in possession of flats to customers.
Bupa and Axa have already declared their intention to raise stakes.
The judiciary has started going beyond the technicalities of the agreements and awarding compensation to buyers.
The real estate industry today hailed the RBI's decision to cut key interest rate, saying the move will boost housing demand and also improve sentiments in the sluggish property market.
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
South Mumbai's Bhendi Bazaar is all set for a much-needed transformation.
As two recently declassified Intelligence Bureau reveal that the Jawaharlal Nehru government had spied on the family of Subhas Chandra Bose for nearly two decades, one of India's political mysteries takes centrestage. Rediff.com reproduces this 2006 report in which Sumit Bhattacharya reported that a website claims that Netaji, in fact, did not die in an air crash, as was being believed, and that Netaji had escaped to Russia.
Who would have thought that tales of gods would sell in millions? But Amish, with his unique narrative vision, has captured the heart of the Indian reader
Calling on the world to embrace Yoga as a discipline in everyday life, Prime Minister Narendra Modi, on the occasion of the International Yoga Day today, asserted that the ancient Indian art was the most selfless of its kind, as it did not discriminate, did not ask for much, but simply functioned for the betterment of mankind and brought every society together.
