Skylark Drones, a leading drone platform company that counts Tata Steel, Ultratech Cement, Softbank Energy among its customers has secured $3 million in a pre-series A funding round. It would use the funding to strengthen its product offerings and fuel international expansion.
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
With the insistence on data centres to be onshore, entities in real estate believe there is going to be a rise in demand for specialised Grade-A commercial spaces to set these up.
The buyer is well within his right to ask for a penalty clause in the agreement.
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
'Real estate loans are given in the garb of retail loans, sourcing money cheap from the NHB refinance window.' 'This loophole is being plugged,' notes Tamal Bandyopadhyay.
About 5.5 million users are looking for real estate online in India
The chairman of mortgage giant HDFC Ltd in his annual letter to shareholders, also suggested a one-time restructuring of real estate loans, easing of external commercial borrowing rules and immediate changes in regulations to allow end-to-end execution of housing loans online.
But completion occupancy certificates to be mandatory.
'Our advice is to put money into equities now rather than staying away.'
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
Realtors are still flexible with buyers' demands.
Some developers point out that what comes in the way of low-cost housing is the sky-high price of land
Civil Aviation ministry has cancelled approval to the controversial private airport project at Aranmula in the Pathanamthitta district of Kerala.
Out of the ten prime plots purchased by this joint venture, Delta Corp East Africa Limited (in which RIL holds 58.8 per cent stake) has completed construction of at least one low-cost residential complex
'There are 8-12 members living in the same accommodation. While in pre-lockdown days, since most were out on work, social tension among them was less because of limited interaction. But now, no food and livelihood, along with having to live in cramped conditions, is taking a toll on their mental health.'
Listed Mumbai developers are battling higher inventory levels.
Project, infrastructure sector emerged as the top employment generator in March with 12 per cent rise in demand while petrochemicals industry reported 9 per cent growth.
India's economy could also suffer some ill-effects without necessarily triggering retaliation via higher tariff barriers against Indian goods, says Devangshu Datta.
Key relaxations traced in final regulations.
Real estate veteran Saket Mohta gives the the most comprehensive 11-point checklist
Fifteen stations might be taken up in the first stage with an investment of Rs 6,000-7,000 crore.
A limited number of activities will remain prohibited across the country, irrespective of the zone, including travel by air, rail, metro and inter-state movement by road, running of schools, colleges, and other educational and training/coaching institutions.
GVK Skycity's 20-million sq ft commercial space will be bigger than that in BKC; bids invited for first phase.
The 2015 World Bank group's Doing Business index ranked India at 142, down from 140, which it was the year before.
Bharti Retail launched its first mall, The Pavilion, in Ludhiana.
The UN Conference on Trade and Development (UNCTAD) said in a report on Monday that a lower but positive economic growth in India in the post-Covid-19 pandemic period and India's large market will continue to attract market-seeking investments to the country. The World Investment Report 2020 by UNCTAD said that India was the 9th largest recipient of FDI in 2019, with 51 billion dollars of inflows during the year, an increase from the 42 billion dollars of FDI received in 2018, when India ranked 12 among the top 20 host economies in the world.
Income from renting of properties is taxed at a flat rate of 10%.
The focus will be on tackling the unfinished agenda requiring immediate attention like tax structure for solar projects, uniform tax rate on state-organised and state-authorised lotteries, taxing non-potable alcohol besides certain changes in the law, extension for NAA and rate rationalisation.
More than legal and illegal mining of sand, the issue which stares us in the face is sustainable sand mining, says Gopal Krishna
During the six-month period (April-September 2019), the Indian economy grew 4.8 per cent as against 7.5 per cent in the same period a year ago.
With a stable government at the Centre and the a renewed sense of confidence among the industry, there is expectation that there will be more demand for office space.
No effect on ongoing projects, says company.
Boost to dairy sector will generate jobs
Private sector firms need to be re-engaged for better infra planning.
Struggling, corrupt construction industry will be challenged by the prime minster's $250-billion plan
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
Majority expect economy to slow down, but are satisfied with Modi govt's performance.
For those in the EWS and LIG category who wish to take a loan up to Rs 600,000, there is an interest subsidy of 6.5 per cent for a tenure of 15 years.
Chinese leaders may well respond to challenges with heightened rhetoric.
